Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h +0.141%

Price spread now: Variational Omni against edgeX+0.002%7-day average +0.020% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.434%+$43 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.002%, 7d avg +0.020%

Together, before fees+0.474%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$47 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	338.98	−0.0202	get 0.0101% / 4h	2h 29m	$81K	$327K	20x
Short	Variational Omni AAPL	338.99	0	get 0.0000% / 8h	2h 29m	$2.2M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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 edgeXbpFee Variational OmnibpOrdersPrice spread, now +0.002%Rate

Funding earned: $42.49
Price spread: +0.002% → +0.020%: −$1.77
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $31.73
Costs to cover: 0.090%
Break-even: 1.8 days

Slippage unknown: edgeX: live order book, 59 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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 edgeX live order book, 59 min ago	5.31 bp	10.3 bp −$10	16.9 bp −$169	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.04 bp	doesn't fit	6.2 bp −$62	doesn't fit	doesn't fit

AAPL on 33 venues

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
edgeX AAPLUSDClong	−0.0202%	4h	338.98	long leg	$81K	$327K	20x
BloFin AAPL-USDT	−0.0003%	8h	339.10	+0.036%	$355K	$165K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.79	−0.056%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.95	−0.008%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.99	+0.004%	$22.1M	$66.7M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.07	+0.027%	$6.3M	$24.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.01	+0.010%	$6.6M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.84	−0.041%	$3.0M	$4.1M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.07	+0.027%	$6.2M	$3.3M	100x	as long as short
Variational Omni AAPLshort	0.0000%	8h	338.99	+0.002%	$2.2M	$1.1M	—

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.00	+0.007%	$14K	$522K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.00	+0.007%	$671	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.95	−0.008%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.08	+0.030%	$2.1M	$7K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.94	−0.011%	$755K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.99	+0.004%	$976K	$3.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0045%	1h	338.95	−0.008%	$28K	$65K	10x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.74	−0.070%	—	$43K	25x	as long as short
QFEX AAPL-USD	+0.0049%	1h	338.96	−0.005%	$3.2M	$4.9M	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.71	−0.079%	$271K	$383K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.98	+0.001%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.76	−0.064%	$1.3M	$2.2M	20x	as long as short
Nado AAPL-PERP	+0.0074%	1h	338.79	−0.054%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0094%	8h	338.81	−0.049%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.77	−0.061%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.93	−0.014%	$4K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0104%	1h	338.97	−0.002%	$36K	—	20x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.97	−0.003%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0144%	1h	338.96	−0.005%	$658K	$671K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0202%	1h	339.00	+0.007%	$40.7M	$76.7M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.41	+0.128%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	339.06	+0.024%	$2K	$12K	20x	as long as short
Arcus AAPL-USD	+0.0310%	1h	338.94	−0.011%	$270K	$69K	20x	as long as short