Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against OKX−0.065%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.065%, 7d avg −0.023%

Together, before fees+0.070%+$7 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: Gate is 0.042% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	338.71	0	get 0.0000% / 8h	7h 04m	$6.4M	$6.6M	25x
Short	Gate AAPL_USDT	338.49	0	get 0.0000% / 8h	7h 04m	$3.0M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.023%: −$4.21
Slippage, 4 orders: −$10.1
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.31
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	0.15 bp	6.7 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.33 bp	11.6 bp −$12	31.8 bp −$318	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
Deribit AAPL_USDC-PERPETUAL	−0.0400%	1h	338.31	−0.118%	$28K	$67K	10x	as long as short
edgeX AAPLUSDC	−0.0342%	4h	338.60	−0.031%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0033%	1h	338.59	−0.036%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.66	−0.015%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.69	−0.006%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	338.71	long leg	$6.4M	$6.6M	25x
Gate AAPL_USDTshort	0.0000%	8h	338.49	−0.065%	$3.0M	$4.2M	100x
Bitget AAPLUSDT	0.0000%	8h	338.78	+0.021%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.66	−0.016%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.67	−0.012%	$552	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	338.82	+0.032%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.67	−0.012%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.52	−0.055%	$745K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.59	−0.035%	$953K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.53	−0.053%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.58	−0.038%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.41	−0.089%	$261K	$397K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.63	−0.024%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.38	−0.097%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0051%	8h	338.68	−0.010%	$2.4M	$1.4M	—	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.63	−0.024%	$3.2M	$5.0M	10x	as long as short
BloFin AAPL-USDT	+0.0068%	8h	338.81	+0.030%	$345K	$169K	20x	as long as short
Binance AAPLUSDT	+0.0077%	8h	338.70	−0.003%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0080%	1h	338.57	−0.041%	$284K	$2.0M	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.63	−0.024%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.53	−0.053%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.51	−0.059%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.57	−0.040%	$10K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0136%	1h	338.64	−0.021%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	−0.059%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.50	−0.062%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.76	+0.015%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.59	−0.035%	$269K	$70K	20x	as long as short