Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.002%

Price spread now: Extended against HTX−0.067%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.067%, 7d avg −0.048%

Together, before fees+0.084%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAPL-USDT	338.86	0	get 0.0000% / 8h	7h 04m	$53K	$224K	30x
Short	Extended AAPL_24_5-USD	338.63	0.0080	get 0.0010% / 1h	4m 02s	$284K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: $16.8
Price spread: −0.067% → −0.048%: −$1.94
Slippage, 4 orders: −$12.57
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$14.72
Costs to cover: 0.296%
Break-even: 13.1 days

Slippage from HTX: live order book, 2 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	2.80 bp	8.8 bp −$9	10.5 bp −$105	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.15 bp	3.8 bp −$4	18.9 bp −$189	doesn't fit	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0342%	4h	338.60	−0.075%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0035%	1h	338.56	−0.088%	$554K	$38K	20x	as long as short
Hotstuff AAPL-PERP	−0.0016%	1h	338.58	−0.083%	$36K	—	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0016%	1h	338.42	−0.130%	$28K	$67K	10x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.66	−0.058%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.71	−0.044%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.71	−0.044%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.53	−0.097%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.79	−0.021%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.66	−0.060%	$17K	$433K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAPL-USDT	0.0000%	8h	338.71	−0.044%	$749	$4.7M	20x	as long as short
HTX AAPL-USDTlong	0.0000%	8h	338.86	long leg	$53K	$224K	30x
Phemex AAPLUSDT	0.0000%	4h	338.67	−0.056%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.53	−0.098%	$744K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.59	−0.080%	$953K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.45	−0.121%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.64	−0.065%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.42	−0.130%	$261K	$397K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.61	−0.074%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.38	−0.142%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0051%	8h	338.68	−0.055%	$2.4M	$1.4M	—	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.55	−0.091%	$3.2M	$5.0M	10x	as long as short
BloFin AAPL-USDT	+0.0068%	8h	338.81	−0.015%	$345K	$169K	20x	as long as short
Binance AAPLUSDT	+0.0077%	8h	338.69	−0.051%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USDshort	+0.0080%	1h	338.63	−0.067%	$284K	$2.0M	10x
KuCoin AAPLUSDTM	+0.0100%	8h	338.63	−0.068%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.53	−0.097%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.57	−0.086%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.58	−0.084%	$10K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	−0.103%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.50	−0.106%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.76	−0.030%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.60	−0.077%	$269K	$70K	20x	as long as short