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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster+0.059%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.059%, 7d avg −0.011%
Together, before fees−0.035%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.070% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT339.970get 0.0000% / 8h7h 40m$121K$294K20x
ShortBybit AAPLUSDT340.170.0011get 0.0011% / 8h7h 40m$6.2M$184.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$2.28
Price spread: +0.059% → −0.011%
$6.96
Slippage, 4 orders
−$27.06
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$36.82
Costs to cover
0.461%
Break-even
119.8 days
Slippage from Aster: live order book, 57 min ago; Bybit: live order book, 4 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 Aster live order book, 57 min ago3.09 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.15 bp5.6 bp −$66.5 bp −$6517.1 bp −$1,712doesn'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−0.0466%4h340.00+0.008%$81K$328K20xas long as short
Nado AAPL-PERP−0.0026%1h339.92−0.015%$556K$36K20xas long as short
BloFin AAPL-USDT−0.0018%8h340.07+0.030%$345K$166K20xas long as short
Aster AAPLUSDTlong0.0000%8h339.97long leg$121K$294K20x
Extended AAPL_24_5-USD0.0000%1h340.04+0.021%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.13+0.047%$22.2M$67.1M25xas long as short
OKX AAPL-USDT-SWAP0.0000%8h340.00+0.009%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.88−0.026%$3.0M$5.7M100xas long as short
Bitget AAPLUSDT0.0000%8h340.10+0.038%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h340.07+0.031%$2.5M$1.2Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h340.00+0.009%$13K$349K10xas long as short
SunX AAPL-USDT0.0000%8h340.06+0.027%$595$4.4M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.82−0.044%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h340.21+0.071%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h340.03+0.018%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.99+0.006%$3.2M$4.2M10xas long as short
Bybit AAPLUSDTshort+0.0011%8h340.17+0.059%$6.2M$184.2M100x
Coinbase International AAPL-PERP-INTX+0.0024%1h339.92−0.014%$663K$652K10xas long as short
Lighter AAPL+0.0032%1h340.03+0.017%$932K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h340.03+0.018%$959K$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h339.98+0.003%$267K$59K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.79−0.053%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.83−0.041%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.92−0.014%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.79−0.053%$1.3M$2.3M20xas long as short
tradeXYZ xyz:AAPL+0.0066%1h339.96−0.003%$40.4M$76.6M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.85−0.035%$1.4M$73K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.84−0.038%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.96−0.003%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.90−0.020%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0144%1h339.91−0.017%$36K20xas long as short
Phoenix AAPL+0.0212%1h340.22+0.074%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.80+0.244%$192K$44K30xas long as short