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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Aster+0.018%60s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.018%, 7d avg −0.004%
Together, before fees+0.023%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$2 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 GRVT is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT338.990get 0.0000% / 8h2m 32s$122K$291K20x
ShortGRVT AAPL_USDT_Perp339.050.0025get 0.0025% / 8h2m 32s$13K$490K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$5.25
Price spread: +0.018% → −0.004%
$2.14
Slippage, 4 orders
−$41.15
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$50.76
Costs to cover
0.581%
Break-even
74.7 days
Slippage from Aster: live order book, 9 min ago; GRVT: live order book, 10 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, 9 min ago3.24 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 10 min ago1.33 bp5.9 bp −$611.1 bp −$111doesn't fitdoesn'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−0.0925%4h339.03+0.010%$81K$326K20xas long as short
Aster AAPLUSDTlong0.0000%8h338.99long leg$122K$291K20x
Bybit AAPLUSDT0.0000%8h339.09+0.029%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.03+0.012%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.83−0.047%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.03+0.012%$471$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.77−0.065%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.13+0.041%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.03+0.012%$2.1M$6K10xas long as short
GRVT AAPL_USDT_Perpshort+0.0025%8h339.05+0.018%$13K$490K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h338.95−0.012%$965K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.74−0.074%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.87−0.035%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.94−0.015%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.62−0.109%$1.4M$2.4M20xas long as short
Lighter AAPL+0.0056%1h338.91−0.023%$772K$2.5M20xas long as short
QFEX AAPL-USD+0.0064%1h338.990.000%$3.2M$5.1M10xas long as short
Bitget AAPLUSDT+0.0090%8h339.05+0.018%$6.2M$3.5M100xas long as short
Nado AAPL-PERP+0.0099%1h338.82−0.050%$556K$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.82−0.050%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.80−0.056%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.87−0.035%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.990.000%$11K10xas long as short
Variational Omni AAPL+0.0105%8h339.04+0.013%$2.4M$1.4Mas long as short
Binance AAPLUSDT+0.0127%8h339.03+0.012%$22.4M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0128%1h338.97−0.007%$285K$1.5M10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.95−0.012%$36K20xas long as short
BloFin AAPL-USDT+0.0155%8h339.02+0.009%$347K$170K20xas long as short
tradeXYZ xyz:AAPL+0.0175%1h338.94−0.015%$40.8M$76.1M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.012%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.80−0.056%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.03+0.012%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.88−0.032%$269K$70K20xas long as short