Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.031%

Price spread now: Arcus against Aster−0.032%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$570.568% of the position

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.082%+$8 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.032%, 7d avg −0.056%

Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.025% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAPLUSDT	338.85	0	get 0.0000% / 8h	4h 52m	$122K	$290K	20x
Short	Arcus AAPL-USD	338.74	0.0040	get 0.0005% / 1h	52m 02s	$269K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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 AsterbpFee ArcusbpOrdersPrice spread, now −0.032%Rate

Funding earned: $8.46
Price spread: −0.032% → −0.056%: $2.45
Slippage, 4 orders: −$44.27
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$45.86
Costs to cover: 0.568%
Break-even: 45.0 days

Slippage from Aster: live order book, 5 min ago; Arcus: live order book, 6 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 Aster live order book, 5 min ago	3.69 bp	23.3 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 6 min ago	2.81 bp	8.5 bp −$8	13.5 bp −$135	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	−0.0170%	4h	338.79	−0.016%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0006%	1h	338.69	−0.046%	$554K	$38K	20x	as long as short
Aster AAPLUSDTlong	0.0000%	8h	338.85	long leg	$122K	$290K	20x
Extended AAPL_24_5-USD	0.0000%	1h	338.70	−0.043%	$286K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.80	−0.015%	$22.2M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.79	−0.017%	$5.9M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.87	+0.007%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.60	−0.073%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.91	+0.018%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.81	−0.010%	$2.4M	$1.4M	—	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	338.81	−0.011%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.84	−0.002%	$498	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.57	−0.082%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.95	+0.030%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.81	−0.011%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0020%	8h	338.84	−0.002%	$344K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.77	−0.023%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.69	−0.048%	$780K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.75	−0.029%	$948K	$3.6M	20x	as long as short
Arcus AAPL-USDshort	+0.0040%	1h	338.74	−0.032%	$269K	$69K	20x
Vest AAPL-USD-PERP	+0.0046%	1h	338.58	−0.079%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	338.75	−0.029%	$36K	—	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.54	−0.091%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.75	−0.029%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.60	−0.073%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.72	−0.038%	$40.6M	$75.8M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.020%	$659K	$665K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.72	−0.038%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.56	−0.085%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.71	−0.041%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.71	−0.040%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.62	−0.067%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.85	+0.001%	$5K	$11K	20x	as long as short