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 0.000%
Price spread now: Gate against Phemex−0.080%49s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.080%, 7d avg −0.072%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AAPLUSDT339.000get 0.0000% / 4h3h 46m$2.1M$7K10x
ShortGate AAPL_USDT338.730get 0.0000% / 8h3h 46m$3.0M$4.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.080% → −0.072%
−$0.78
Slippage, 4 orders
−$87.67
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$115.45
Costs to cover
1.147%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago1.48 bp44.5 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.33 bp12.2 bp −$1230.7 bp −$307doesn't fitdoesn'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−0.0430%4h338.85−0.045%$81K$327K20xas long as short
Nado AAPL-PERP−0.0114%1h338.85−0.043%$554K$38K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0016%1h338.70−0.088%$28K$67K10xas long as short
Aster AAPLUSDT0.0000%8h338.88−0.035%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.90−0.029%$284K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h339.01+0.003%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h338.93−0.021%$5.9M$61.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.02+0.006%$6.3M$6.8M25xas long as short
Gate AAPL_USDTshort0.0000%8h338.73−0.080%$3.0M$4.3M100x
Bitget AAPLUSDT0.0000%8h339.01+0.003%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.92−0.025%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.85−0.044%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.03+0.009%$539$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.10+0.029%$53K$225K30xas long as short
Phemex AAPLUSDTlong0.0000%4h339.00long leg$2.1M$7K10x
Hotstuff AAPL-PERP+0.0024%1h338.84−0.047%$36K20xas long as short
BloFin AAPL-USDT+0.0027%8h339.02+0.006%$340K$168K20xas long as short
QFEX AAPL-USD+0.0030%1h338.96−0.012%$3.2M$4.5M10xas long as short
Lighter AAPL+0.0032%1h338.82−0.053%$782K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.82−0.053%$946K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.82−0.053%$266K$65K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.83−0.050%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.84−0.047%$40.5M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.86−0.041%$278K$405K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.85−0.044%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.67−0.097%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.065%$661K$657K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.68−0.094%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.75−0.074%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.88−0.035%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.87−0.038%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.63−0.109%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h338.90−0.029%$5K$11K20xas long as short