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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.027%
Price spread now: Extended against KuCoin+0.035%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1951.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 7 days+0.030%+$3 · spread now +0.035%, 7d avg +0.083%
Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.048% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAPLUSDTM339.550.0100pay 0.0100% / 8h48m 05s$1.4M$39K20x
ShortExtended AAPL_24_5-USD339.670get 0.0000% / 1h48m 05s$289K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$21
Price spread: +0.035% → +0.083%
−$4.84
Slippage, 4 orders
−$178.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$221.3
Costs to cover
1.955%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago6.92 bp116.2 bp −$116doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.15 bp3.8 bp −$413.8 bp −$138doesn't fitdoesn't fit

AAPL on 33 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−0.0884%4h339.58+0.009%$81K$327K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0162%1h339.61+0.018%$28K$69K10xas long as short
Nado AAPL-PERP−0.0123%1h339.77+0.065%$556K$37K20xas long as short
BloFin AAPL-USDT−0.0023%8h339.75+0.059%$343K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.75+0.058%$121K$292K20xas long as short
Extended AAPL_24_5-USDshort0.0000%1h339.67+0.035%$289K$2.0M10x
Binance AAPLUSDT0.0000%8h339.76+0.062%$22.1M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.68+0.038%$6.2M$131.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.74+0.056%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.54−0.003%$3.0M$5.3M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.75+0.059%$6.2M$3.6M100xas long as short
Variational Omni AAPL0.0000%8h339.64+0.028%$2.4M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.63+0.023%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.75+0.059%$513$4.5M20xas long as short
HTX AAPL-USDT0.0000%8h339.81+0.077%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.76+0.062%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0027%1h339.67+0.035%$3.2M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.71+0.046%$941K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.68+0.038%$949K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.58+0.009%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.64+0.027%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.72+0.050%$40.6M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.69+0.041%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.71+0.047%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.51−0.012%$1.3M$2.4M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.550.000%$660K$661K10xas long as short
Hotstuff AAPL-PERP+0.0096%1h339.67+0.035%$36K20xas long as short
KuCoin AAPLUSDTMlong+0.0100%8h339.55long leg$1.4M$39K20x
ApeX Omni AAPLUSDT+0.0100%1h339.52−0.009%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.68+0.038%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.70+0.044%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.45−0.029%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.75+0.059%$5K$12K20xas long as short