Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Extended against OKX−0.036%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days+0.005%+$1 · spread now −0.036%, 7d avg +0.042%

Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 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: Extended is 0.078% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	339.80	0	get 0.0000% / 8h	2h 03m	$6.3M	$6.9M	25x
Short	Extended AAPL_24_5-USD	339.68	0	get 0.0000% / 1h	3m 23s	$288K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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 OKXbpFee ExtendedbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.042%: −$7.8
Slippage, 4 orders: −$5.32
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$28.11
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago	0.15 bp	6.3 bp −$6	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	16.6 bp −$166	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	−0.0255%	4h	339.79	−0.003%	$81K	$327K	20x	as long as short
Hotstuff AAPL-PERP	−0.0128%	1h	339.71	−0.026%	$36K	—	20x	as long as short
Nado AAPL-PERP	−0.0112%	1h	339.70	−0.030%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0025%	8h	339.83	+0.009%	$339K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.69	−0.031%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USDshort	0.0000%	1h	339.68	−0.036%	$288K	$1.8M	10x
Binance AAPLUSDT	0.0000%	8h	339.80	0.000%	$22.1M	$67.7M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.82	+0.006%	$6.9M	$97.7M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	339.80	long leg	$6.3M	$6.9M	25x
Gate AAPL_USDT	0.0000%	8h	339.56	−0.071%	$3.0M	$4.9M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.89	+0.026%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.86	+0.016%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.79	−0.002%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.79	−0.003%	$673	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.68	−0.035%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.96	+0.047%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.86	+0.018%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.74	−0.018%	$3.3M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.72	−0.024%	$911K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.73	−0.021%	$945K	$3.7M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.66	−0.041%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.55	−0.074%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.55	−0.074%	$660K	$661K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.72	−0.024%	$40.6M	$76.6M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.68	−0.035%	$282K	$415K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.70	−0.029%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.58	−0.065%	$1.3M	$2.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.58	−0.065%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.62	−0.053%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.69	−0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.71	−0.026%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.87	+0.021%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.59	−0.062%	$191K	$44K	30x	as long as short