Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against SunX−0.076%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1281.276% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.076%, 7d avg −0.054%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAPL-USDT	340.01	0	get 0.0000% / 8h	7h 27m	$680	$4.3M	20x
Short	Gate AAPL_USDT	339.75	0	get 0.0000% / 8h	7h 27m	$3.0M	$5.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee SunXbpFee GatebpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.054%: −$2.25
Slippage, 4 orders: −$104.64
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$129.89
Costs to cover: 1.276%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Gate: live order book, 1 min ago.

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 SunX live order book, 11 min ago	44.82 bp	49.3 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.32 bp	15.9 bp −$16	29.6 bp −$296	doesn't fit	doesn't fit

AAPL on 33 venues

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
edgeX AAPLUSDC	−0.0080%	4h	339.98	−0.009%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0028%	1h	339.89	−0.034%	$556K	$35K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.94	−0.019%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.88	−0.037%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.98	−0.009%	$22.1M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	340.02	+0.003%	$6.3M	$196.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.87	−0.041%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDTshort	0.0000%	8h	339.75	−0.076%	$3.0M	$5.8M	100x
Bitget AAPLUSDT	0.0000%	8h	339.95	−0.018%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.04	+0.007%	$2.5M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	340.08	+0.022%	$22K	$363K	10x	as long as short
SunX AAPL-USDTlong	0.0000%	8h	340.01	long leg	$680	$4.3M	20x
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.82	−0.056%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.03	+0.006%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.08	+0.021%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.88	−0.038%	$3.2M	$4.2M	10x	as long as short
BloFin AAPL-USDT	+0.0019%	8h	340.00	−0.003%	$346K	$166K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	340.14	+0.038%	$662K	$660K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.92	−0.028%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.91	−0.029%	$977K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.87	−0.041%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.78	−0.068%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.82	−0.056%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.79	−0.065%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.82	−0.056%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.77	−0.071%	$1.3M	$2.3M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.89	−0.035%	$1.4M	$83K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.89	−0.035%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.87	−0.041%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.88	−0.040%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0120%	1h	339.82	−0.056%	$36K	—	20x	as long as short
Phoenix AAPL	+0.0212%	1h	339.94	−0.021%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.53	+0.153%	$192K	$44K	30x	as long as short