Add apple pie filling and caramels to a medium saucepan over medium heat. Stir until the caramels are melted. Remove from heat and set aside.

Unroll each pie crust and use a large coffee mug to cut out 5 circles per crust, totaling 20 circles.

Place a tablespoon of apple caramel filling into the middle of each dough circle.

Fold the circle over and pinch the edges to seal securely.

Melt the butter and brush it onto each empanada.

Mix sugar and cinnamon together and sprinkle over each empanada.

Place empanadas in the air fryer and cook at 330°F for 10 minutes. Repeat with remaining batches.