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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Bitget against Phemex−0.003%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$960.962% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.003%, 7d avg −0.017%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AAPLUSDT339.770get 0.0000% / 4h1h 30m$2.1M$7K10x
ShortBitget AAPLUSDT339.760get 0.0000% / 8h1h 30m$6.2M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Phemex. 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
$0
Price spread: −0.003% → −0.017%
$1.44
Slippage, 4 orders
−$72.23
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$94.79
Costs to cover
0.962%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; Bitget: live order book, 3 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 Phemex live order book, 3 min ago0.59 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.15 bp8.9 bp −$913.1 bp −$13152.0 bp −$5,204doesn'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−0.0349%4h339.67−0.031%$81K$327K20xas long as short
Nado AAPL-PERP−0.0060%1h339.58−0.055%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.62−0.045%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.63−0.042%$285K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.71−0.018%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.74−0.009%$7.0M$113.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.70−0.021%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.46−0.091%$3.0M$5.1M100xas long as short
Bitget AAPLUSDTshort0.0000%8h339.76−0.003%$6.2M$3.5M100x
Variational Omni AAPL0.0000%8h339.70−0.019%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.72−0.013%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.69−0.024%$788$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.58−0.056%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.76−0.003%$62K$245K30xas long as short
Phemex AAPLUSDTlong0.0000%4h339.77long leg$2.1M$7K10x
BloFin AAPL-USDT+0.0015%8h339.71−0.018%$342K$168K20xas long as short
QFEX AAPL-USD+0.0023%1h339.61−0.047%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.66−0.032%$663K$662K10xas long as short
Lighter AAPL+0.0032%1h339.63−0.040%$907K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.63−0.041%$944K$3.6M20xas long as short
Hotstuff AAPL-PERP+0.0040%1h339.58−0.056%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.58−0.056%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.52−0.074%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.64−0.038%$40.6M$76.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.59−0.053%$279K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.62−0.044%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.46−0.091%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.55−0.065%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.57−0.059%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.57−0.059%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.60−0.051%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.80+0.009%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.51−0.077%$191K$44K30xas long as short