Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.054%
Price spread now: ApeX Omni against KuCoin−0.012%82s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2082.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.012%, 7d avg +0.029%
Together, before fees+0.225%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.041% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAPLUSDTM339.010.0100pay 0.0100% / 8h5h 50m$1.4M$27K20x
ShortApeX Omni AAPLUSDT338.970.0100get 0.0013% / 1h50m 08s$947K$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Funding earned
$0
Price spread: −0.012% → +0.029%
−$4.12
Slippage, 4 orders
−$186.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$212.54
Costs to cover
2.084%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago23.48 bp111.6 bp −$112doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago2.07 bp7.5 bp −$79.3 bp −$93doesn't fitdoesn't fit

AAPL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0552%4h339.08+0.019%$81K$326K20xas long as short
Nado AAPL-PERP−0.0083%1h339.00−0.003%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.010.000%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.01−0.001%$285K$2.0M10xas long as short
Bybit AAPLUSDT0.0000%8h339.10+0.027%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.16+0.044%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.88−0.038%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.19+0.053%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.13+0.037%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.17+0.047%$17K$433K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.13+0.035%$519$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.94−0.021%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.26+0.074%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17+0.047%$2.1M$6K10xas long as short
Binance AAPLUSDT+0.0004%8h339.10+0.028%$22.3M$67.0M25xas long as short
QFEX AAPL-USD+0.0013%1h339.05+0.012%$3.3M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.96−0.015%$755K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.010.000%$950K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.02+0.003%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.94−0.021%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.98−0.009%$656K$664K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.95−0.018%$40.7M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.86−0.044%$262K$371K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.04+0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.87−0.041%$1.3M$2.5M20xas long as short
Hotstuff AAPL-PERP+0.0080%1h339.07+0.018%$36K20xas long as short
KuCoin AAPLUSDTMlong+0.0100%8h339.01long leg$1.4M$27K20x
ApeX Omni AAPLUSDTshort+0.0100%1h338.97−0.012%$947K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.010.000%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.97−0.011%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.90−0.032%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.13+0.035%$5K$11K20xas long as short