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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against OKX−0.053%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.053%, 7d avg −0.041%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAPL-USDT-SWAP339.600get 0.0000% / 8h5h 43m$6.3M$6.7M25x
ShortKuCoin AAPLUSDTM339.420.0100get 0.0100% / 8h5h 43m$1.4M$164K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.053% → −0.041%
−$1.2
Slippage, 4 orders
−$52.61
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$54.81
Costs to cover
0.746%
Break-even
25.3 days
Slippage from OKX: live order book, 2 min ago; KuCoin: 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 OKX live order book, 2 min ago0.15 bp7.1 bp −$711.6 bp −$116doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.78 bp34.0 bp −$34doesn't fitdoesn'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
Hotstuff AAPL-PERP−0.1600%1h338.02−0.465%$36K20xas long as short
edgeX AAPLUSDC−0.0768%4h339.48−0.034%$81K$328K20xas long as short
Aster AAPLUSDT0.0000%8h339.55−0.016%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.56−0.011%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.66+0.018%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.54−0.018%$6.7M$282.3M100xas long as short
OKX AAPL-USDT-SWAPlong0.0000%8h339.60long leg$6.3M$6.7M25x
Gate AAPL_USDT0.0000%8h339.48−0.035%$3.0M$7.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.71+0.032%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.56−0.010%$2.5M$1.3Mas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.58−0.006%$13K$336K10xas long as short
SunX AAPL-USDT0.0000%8h339.600.000%$649$4.2M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.43−0.050%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h339.74+0.041%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.65+0.015%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0002%8h339.58−0.006%$349K$165K20xas long as short
QFEX AAPL-USD+0.0026%1h339.50−0.029%$3.2M$4.2M10xas long as short
Lighter RH AAPL+0.0032%1h339.52−0.024%$1.0M$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h339.41−0.056%$267K$52K20xas long as short
Nado AAPL-PERP+0.0043%1h339.43−0.050%$555K$29K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.33−0.080%$45K25xas long as short
Lighter AAPL+0.0048%1h339.54−0.019%$929K$2.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.50−0.029%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.47−0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.34−0.077%$1.3M$2.1M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h339.77+0.050%$660K$654K10xas long as short
tradeXYZ xyz:AAPL+0.0084%1h339.50−0.029%$40.5M$76.6M20xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.42−0.053%$1.4M$164K20x
ApeX Omni AAPLUSDT+0.0100%1h339.41−0.056%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.46−0.041%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.47−0.040%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.16+0.165%$191K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.56−0.012%$5K$12K20xas long as short