Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Aster−0.025%46s7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.561% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.025%, 7d avg −0.081%

Together, before fees+0.097%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.056% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.081%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAPLUSDT	339.74	0	get 0.0000% / 8h	5h 57m	$121K	$295K	20x
Short	Polymarket Perps AAPL-USD	339.65	0.0050	get 0.0006% / 1h	57m 49s	$279K	$347K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.025%Rate

Funding earned: $10.5
Price spread: −0.025% → −0.081%: $5.61
Slippage, 4 orders: −$40.11
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$40
Costs to cover: 0.561%
Break-even: 33.7 days

Slippage from Aster: live order book, 52 min ago; Polymarket Perps: live order book, 52 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, 52 min ago	2.36 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 52 min ago	1.77 bp	6.9 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

AAPL on 33 exchanges

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
Hotstuff AAPL-PERP	−0.1600%	1h	338.08	−0.487%	$36K	—	20x	as long as short
edgeX AAPLUSDC	−0.0227%	4h	339.61	−0.037%	$81K	$328K	20x	as long as short
BloFin AAPL-USDT	−0.0009%	8h	339.92	+0.054%	$349K	$165K	20x	as long as short
Aster AAPLUSDTlong	0.0000%	8h	339.74	long leg	$121K	$295K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.70	−0.010%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.82	+0.025%	$22.1M	$67.2M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.74	+0.001%	$6.6M	$281.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.80	+0.019%	$6.3M	$6.7M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.63	−0.031%	$3.0M	$7.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.82	+0.025%	$6.2M	$3.5M	100x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.69	−0.015%	$2.5M	$1.3M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.78	+0.013%	$13K	$348K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.83	+0.028%	$734	$4.2M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.90	+0.048%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.76	+0.007%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0026%	1h	339.69	−0.013%	$3.2M	$4.2M	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.66	−0.022%	$1.0M	$3.1M	20x	as long as short
Lighter AAPL	+0.0040%	1h	339.68	−0.016%	$931K	$2.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.61	−0.037%	$267K	$52K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.59	−0.043%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USDshort	+0.0050%	1h	339.65	−0.025%	$279K	$347K	10x
SoDEX AAPL-USD	+0.0050%	1h	339.69	−0.013%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.68	−0.016%	$1.3M	$2.2M	20x	as long as short
Nado AAPL-PERP	+0.0063%	1h	339.60	−0.039%	$556K	$29K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	339.77	+0.010%	$660K	$655K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0100%	1h	339.64	−0.028%	$40.5M	$76.5M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.59	−0.043%	$1.4M	$153K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.71	−0.007%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.69	−0.013%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.65	−0.025%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.30	+0.166%	$192K	$44K	30x	as long as short
Phoenix AAPL	+0.0235%	1h	339.76	+0.007%	$5K	$11K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0251%	1h	339.69	−0.013%	$28K	$70K	10x	as long as short