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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against SunX−0.003%115s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1111.111% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.003%, 7d avg +0.009%
Together, before fees+0.141%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAPL-USDT339.160get 0.0000% / 8h43m 27s$549$4.8M20x
ShortBloFin AAPL-USDT339.150.0082get 0.0082% / 8h43m 27s$304K$167K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$17.32
Price spread: −0.003% → +0.009%
−$1.16
Slippage, 4 orders
−$91.13
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$94.97
Costs to cover
1.111%
Break-even
45.4 days
Slippage from SunX: live order book, 5 min ago; BloFin: live order book, 32 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 SunX live order book, 5 min ago44.67 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago0.15 bp6.3 bp −$68.0 bp −$8018.5 bp −$1,853doesn'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−0.0509%4h339.09−0.020%$81K$327K20xas long as short
Aster AAPLUSDT0.0000%8h339.00−0.047%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.19+0.009%$6.0M$39.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.15−0.003%$6.5M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h338.92−0.071%$3.0M$4.2M100xas long as short
SunX AAPL-USDTlong0.0000%8h339.16long leg$549$4.8M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.85−0.091%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.21+0.015%$52K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17+0.003%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0007%8h339.12−0.012%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h339.06−0.029%$965K$3.8M20xas long as short
Bitget AAPLUSDT+0.0034%8h339.160.000%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.77−0.115%$53K25xas long as short
Variational Omni AAPL+0.0048%8h339.13−0.007%$2.4M$1.4Mas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.96−0.059%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.03−0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.84−0.094%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h339.09−0.021%$3.2M$5.1M10xas long as short
Binance AAPLUSDT+0.0076%8h339.15−0.003%$22.4M$67.4M25xas long as short
Extended AAPL_24_5-USD+0.0080%1h339.09−0.022%$285K$1.5M10xas long as short
BloFin AAPL-USDTshort+0.0082%8h339.15−0.003%$304K$167K20x
Lighter AAPL+0.0096%1h339.02−0.041%$773K$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.86−0.088%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.76−0.118%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.01−0.044%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.08−0.024%$11K10xas long as short
Nado AAPL-PERP+0.0127%1h338.83−0.097%$556K$35K20xas long as short
Hotstuff AAPL-PERP+0.0128%1h339.02−0.041%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.038%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0217%1h339.02−0.041%$40.9M$76.4M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.57+0.121%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.09−0.021%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h339.03−0.038%$270K$71K20xas long as short