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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Aster+0.003%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.003%, 7d avg −0.066%
Together, before fees−0.177%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.069% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT339.900get 0.0000% / 8h7h 45m$121K$294K20x
ShortKuCoin AAPLUSDTM339.910.0100get 0.0100% / 8h7h 45m$1.4M$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.003% → −0.066%
$6.92
Slippage, 4 orders
−$68.27
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$60.36
Costs to cover
0.883%
Break-even
27.1 days
Slippage from Aster: live order book, 51 min ago; KuCoin: 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, 51 min ago3.09 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago5.89 bp27.7 bp −$28doesn't fitdoesn'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−0.0921%4h339.95+0.016%$81K$327K20xas long as short
Nado AAPL-PERP−0.0016%1h339.87−0.009%$556K$36K20xas long as short
Aster AAPLUSDTlong0.0000%8h339.90long leg$121K$294K20x
Extended AAPL_24_5-USD0.0000%1h339.96+0.019%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.05+0.045%$22.2M$67.2M25xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.99+0.027%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.91+0.003%$3.0M$5.6M100xas long as short
Bitget AAPLUSDT0.0000%8h340.06+0.047%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h340.07+0.052%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.04+0.041%$13K$349K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h340.10+0.059%$463$4.4M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.89−0.003%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h340.18+0.083%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h340.07+0.050%$2.1M$7K10xas long as short
Hotstuff AAPL-PERP+0.0008%1h339.96+0.018%$36K20xas long as short
QFEX AAPL-USD+0.0010%1h339.98+0.024%$3.2M$4.2M10xas long as short
BloFin AAPL-USDT+0.0022%8h340.13+0.068%$344K$166K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.92+0.006%$663K$656K10xas long as short
Lighter AAPL+0.0032%1h339.98+0.025%$932K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.96+0.018%$957K$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h339.95+0.015%$267K$59K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.79−0.032%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.78−0.035%$279K$375K10xas long as short
SoDEX AAPL-USD+0.0050%1h340.01+0.033%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.82−0.023%$1.3M$2.4M20xas long as short
Bybit AAPLUSDT+0.0066%8h340.11+0.062%$6.3M$180.4M100xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.91+0.003%$1.4M$66K20x
ApeX Omni AAPLUSDT+0.0100%1h339.92+0.006%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.94+0.012%$4K10xas long as short
tradeXYZ xyz:AAPL+0.0102%1h339.92+0.006%$40.3M$76.6M20xas long as short
Aevo AAPL-PERP+0.0104%1h339.93+0.009%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h340.22+0.095%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.55+0.192%$192K$44K30xas long as short