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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Deribit against Phemex−0.050%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.050% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AAPLUSDT339.650get 0.0000% / 4h1h 01m$2.1M$7K10x
ShortDeribit AAPL_USDC-PERPETUAL339.480get 0.0000% / 1h1m 37s$28K$69K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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: −0.050% → 0.000%
−$5.01
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$24.01
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago1.33 bp35.8 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP−0.1600%1h339.45−0.059%$36K20xas long as short
edgeX AAPLUSDC−0.0642%4h339.57−0.025%$81K$327K20xas long as short
Aster AAPLUSDT0.0000%8h339.49−0.047%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.42−0.068%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.53−0.035%$22.2M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h339.46−0.056%$6.8M$283.7M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.55−0.029%$6.3M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h339.40−0.074%$3.0M$7.4M100xas long as short
Bitget AAPLUSDT0.0000%8h339.60−0.015%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.65+0.001%$2.5M$1.3Mas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.62−0.009%$12K$339K10xas long as short
SunX AAPL-USDT0.0000%8h339.59−0.018%$506$4.1M20xas long as short
Deribit AAPL_USDC-PERPETUALshort0.0000%1h339.48−0.050%$28K$69K10x
HTX AAPL-USDT0.0000%8h339.68+0.009%$62K$241K30xas long as short
Phemex AAPLUSDTlong0.0000%4h339.65long leg$2.1M$7K10x
BloFin AAPL-USDT0.0000%8h339.63−0.006%$349K$165K20xas long as short
QFEX AAPL-USD+0.0026%1h339.47−0.053%$3.3M$4.2M10xas long as short
Nado AAPL-PERP+0.0027%1h339.50−0.044%$556K$28K20xas long as short
Lighter RH AAPL+0.0032%1h339.50−0.044%$1.0M$3.2M20xas long as short
Lighter AAPL+0.0040%1h339.47−0.053%$925K$2.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.36−0.085%$267K$48K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.45−0.059%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.52−0.038%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.47−0.053%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.46−0.056%$1.3M$2.2M20xas long as short
tradeXYZ xyz:AAPL+0.0067%1h339.45−0.059%$40.5M$76.7M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h339.59−0.018%$660K$623K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.43−0.065%$1.4M$198K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.43−0.065%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.46−0.056%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.45−0.058%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.90+0.074%$191K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.67+0.006%$5K$12K20xas long as short