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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Binance−0.044%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.044% cheaper against Binance than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAPLUSDT339.720get 0.0000% / 8h1h 33m$22.1M$67.7M25x
ShortOrderly PERP_AAPL_USDC_mythos339.570.0100get 0.0100% / 8h1h 33m$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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: −0.044% → 0.000%
−$4.42
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$0.58
Costs to cover
0.160%
Break-even
6.8 days
Slippage unknown: Binance: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.15 bp5.2 bp −$58.1 bp −$8129.0 bp −$2,895doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0257%4h339.61−0.031%$81K$327K20xas long as short
Nado AAPL-PERP−0.0056%1h339.61−0.032%$556K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.66−0.017%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.63−0.025%$285K$1.8M10xas long as short
Binance AAPLUSDTlong0.0000%8h339.72long leg$22.1M$67.7M25x
Bybit AAPLUSDT0.0000%8h339.76+0.012%$7.0M$111.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.70−0.006%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.50−0.065%$3.0M$5.0M100xas long as short
Bitget AAPLUSDT0.0000%8h339.76+0.012%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.77+0.016%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.70−0.007%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.720.000%$591$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.60−0.035%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.78+0.018%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.77+0.015%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0008%8h339.73+0.003%$341K$168K20xas long as short
QFEX AAPL-USD+0.0023%1h339.67−0.015%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.66−0.018%$663K$663K10xas long as short
Lighter AAPL+0.0032%1h339.66−0.019%$907K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.66−0.018%$950K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.60−0.035%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.57−0.044%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.65−0.021%$40.6M$76.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.64−0.024%$279K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.64−0.024%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.50−0.065%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.53−0.056%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.58−0.041%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythosshort+0.0100%8h339.57−0.044%$4K10x
Aevo AAPL-PERP+0.0104%1h339.62−0.030%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0112%1h339.64−0.024%$36K20xas long as short
Phoenix AAPL+0.0212%1h339.80+0.024%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.58−0.041%$191K$44K30xas long as short