Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX+0.035%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1201.204% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.035%, 7d avg +0.022%

Together, before fees−0.035%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAPL-USDT	338.93	0	get 0.0000% / 8h	4h 36m	$444	$4.6M	20x
Short	HTX AAPL-USDT	339.05	0	get 0.0000% / 8h	4h 36m	$53K	$224K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.022%: $1.35
Slippage, 4 orders: −$100.4
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$119.05
Costs to cover: 1.204%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; HTX: live order book, 20 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, 12 min ago	44.72 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 20 min ago	2.80 bp	13.2 bp −$13	15.6 bp −$156	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	−0.0183%	4h	338.86	−0.022%	$81K	$326K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0134%	1h	338.63	−0.089%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0019%	1h	338.79	−0.040%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0007%	8h	338.92	−0.003%	$341K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.81	−0.035%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.84	−0.026%	$286K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.93	0.000%	$22.2M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.86	−0.021%	$5.9M	$39.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.94	+0.003%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.69	−0.071%	$3.0M	$4.2M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.00	+0.021%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.94	+0.001%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.89	−0.012%	$17K	$425K	10x	as long as short
SunX AAPL-USDTlong	0.0000%	8h	338.93	long leg	$444	$4.6M	20x
HTX AAPL-USDTshort	0.0000%	8h	339.05	+0.035%	$53K	$224K	30x
Phemex AAPLUSDT	0.0000%	4h	338.94	+0.003%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.87	−0.018%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.80	−0.038%	$780K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.84	−0.027%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.81	−0.035%	$266K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.72	−0.062%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	338.79	−0.041%	$36K	—	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.74	−0.056%	$278K	$420K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.80	−0.038%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.68	−0.074%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0054%	1h	338.79	−0.041%	$40.5M	$75.9M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.044%	$659K	$664K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.83	−0.030%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.76	−0.050%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.82	−0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.82	−0.031%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.64	−0.086%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.89	−0.012%	$5K	$11K	20x	as long as short