Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against OKX−0.024%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.024% cheaper against OKX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	339.51	0	get 0.0000% / 8h	5h 45m	$6.3M	$6.7M	25x
Short	SoDEX AAPL-USD	339.43	0.0050	get 0.0006% / 1h	45m 01s	$75K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.024%Rate

Funding earned: $10.5
Price spread: −0.024% → 0.000%: −$2.36
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$9.86
Costs to cover: 0.180%
Break-even: 13.6 days

Slippage unknown: OKX: live order book, 1 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 1 min ago	0.15 bp	7.1 bp −$7	11.6 bp −$116	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAPL on 33 exchanges

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
Hotstuff AAPL-PERP	−0.1600%	1h	339.42	−0.027%	$36K	—	20x	as long as short
edgeX AAPLUSDC	−0.0050%	4h	339.47	−0.013%	$81K	$328K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.57	+0.017%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.48	−0.009%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.59	+0.024%	$22.1M	$67.2M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.49	−0.006%	$6.7M	$282.2M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	339.51	long leg	$6.3M	$6.7M	25x
Gate AAPL_USDT	0.0000%	8h	339.42	−0.027%	$3.0M	$7.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.59	+0.024%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.56	+0.016%	$2.5M	$1.3M	—	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.58	+0.021%	$13K	$336K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.57	+0.018%	$360	$4.2M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.38	−0.038%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.71	+0.059%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.65	+0.041%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0002%	8h	339.58	+0.021%	$349K	$165K	20x	as long as short
QFEX AAPL-USD	+0.0026%	1h	339.46	−0.015%	$3.2M	$4.2M	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.52	+0.003%	$1.0M	$3.2M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.37	−0.041%	$267K	$52K	20x	as long as short
Nado AAPL-PERP	+0.0046%	1h	339.44	−0.020%	$555K	$29K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.32	−0.056%	—	$45K	25x	as long as short
Lighter AAPL	+0.0048%	1h	339.53	+0.007%	$929K	$2.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.49	−0.006%	$279K	$347K	10x	as long as short
SoDEX AAPL-USDshort	+0.0050%	1h	339.43	−0.024%	$75K	$3K	10x
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.25	−0.077%	$1.3M	$2.1M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0079%	1h	339.50	−0.003%	$40.5M	$76.6M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	339.77	+0.077%	$660K	$655K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.44	−0.021%	$1.4M	$162K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.40	−0.032%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.42	−0.027%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.43	−0.025%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.16	+0.191%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0235%	1h	339.56	+0.015%	$5K	$12K	20x	as long as short