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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.009%
Price spread now: Coinbase International against KuCoin+0.009%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.009%, 7d avg +0.003%
Together, before fees+0.118%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAPLUSDTM339.280.0100pay 0.0100% / 8h4h 43m$1.4M$214K20x
ShortCoinbase International AAPL-PERP-INTX339.310.0128get 0.0016% / 1h43m 39s$659K$630K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$5.88
Price spread: +0.009% → +0.003%
$0.56
Slippage, 4 orders
−$46.6
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$62.16
Costs to cover
0.686%
Break-even
81.0 days
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 63 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 ago6.49 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 63 min ago2.50 bp8.5 bp −$911.2 bp −$112doesn't fitdoesn't fit

AAPL on 33 exchanges

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−0.0759%4h339.39+0.033%$81K$329K20xas long as short
BloFin AAPL-USDT−0.0027%8h339.52+0.071%$353K$166K20xas long as short
Nado AAPL-PERP−0.0015%1h339.50+0.065%$556K$28K20xas long as short
Aster AAPLUSDT0.0000%8h339.49+0.062%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.49+0.061%$287K$2.2M10xas long as short
Binance AAPLUSDT0.0000%8h339.58+0.088%$22.1M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.53+0.074%$6.1M$286.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.61+0.097%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.36+0.024%$3.0M$7.4M100xas long as short
Bitget AAPLUSDT0.0000%8h339.67+0.115%$6.2M$3.5M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.44+0.049%$2.5M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.43+0.045%$20K$350K10xas long as short
SunX AAPL-USDT0.0000%8h339.58+0.088%$761$4.1M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.47+0.056%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.68+0.118%$62K$241K30xas long as short
Phemex AAPLUSDT0.0000%4h339.46+0.053%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.47+0.056%$3.3M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.54+0.076%$924K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.54+0.077%$995K$3.0M20xas long as short
Arcus AAPL-USD+0.0040%1h339.37+0.027%$267K$48K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.37+0.027%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.35+0.021%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.49+0.062%$40.5M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.46+0.053%$269K$356K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.47+0.056%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.27−0.003%$1.3M$2.2M20xas long as short
KuCoin AAPLUSDTMlong+0.0100%8h339.28long leg$1.4M$214K20x
ApeX Omni AAPLUSDT+0.0100%1h339.38+0.029%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.44+0.047%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.38+0.031%$11K$10210xas long as short
Coinbase International AAPL-PERP-INTXshort+0.0128%1h339.31+0.009%$659K$630K10x
Injective AAPL/USDC PERP+0.0220%1h339.83+0.162%$191K$44K30xas long as short
Phoenix AAPL+0.0283%1h339.46+0.053%$5K$12K20xas long as short