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−0.0128%/8h= −14.0% APRpaid last 24h −0.001%
Price spread now: Aster against Extended+0.011%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.536% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.011%, 7d avg +0.032%
Together, before fees+0.011%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.021% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAPL_24_5-USD338.950.0128pay 0.0016% / 1h4m 48s$285K$1.5M10x
ShortAster AAPLUSDT338.990get 0.0000% / 8h4m 48s$122K$291K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$26.88
Price spread: +0.011% → +0.032%
−$2.1
Slippage, 4 orders
−$40.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$82.56
Costs to cover
0.536%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Aster: live order book, 7 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 Extended live order book, 4 min ago0.15 bp3.8 bp −$422.2 bp −$222doesn't fitdoesn't fit
Sell Aster live order book, 7 min ago3.24 bp19.1 bp −$1978.9 bp −$789doesn'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+0.021%$81K$326K20xas long as short
Aster AAPLUSDTshort0.0000%8h338.99+0.011%$122K$291K20x
Bybit AAPLUSDT0.0000%8h339.09+0.040%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.04+0.025%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.85−0.031%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.02+0.020%$390$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.84−0.034%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.10+0.043%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.07+0.034%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0025%8h339.05+0.028%$13K$490K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h338.93−0.007%$963K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.74−0.063%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.95−0.001%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.94−0.004%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.70−0.075%$1.4M$2.4M20xas long as short
Lighter AAPL+0.0056%1h338.91−0.014%$772K$2.5M20xas long as short
QFEX AAPL-USD+0.0064%1h339.05+0.028%$3.2M$5.1M10xas long as short
Bitget AAPLUSDT+0.0089%8h339.07+0.034%$6.2M$3.5M100xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.84−0.034%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.75−0.060%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.87−0.025%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.98+0.009%$11K10xas long as short
Variational Omni AAPL+0.0105%8h339.04+0.024%$2.4M$1.4Mas long as short
Nado AAPL-PERP+0.0107%1h338.88−0.023%$556K$34K20xas long as short
Binance AAPLUSDT+0.0127%8h339.02+0.020%$22.4M$67.0M25xas long as short
Extended AAPL_24_5-USDlong+0.0128%1h338.95long leg$285K$1.5M10x
BloFin AAPL-USDT+0.0134%8h339.02+0.020%$347K$170K20xas long as short
Hotstuff AAPL-PERP+0.0168%1h338.95−0.001%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0177%1h338.95−0.001%$40.8M$76.1M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.022%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.41+0.135%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.00+0.014%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.91−0.013%$269K$70K20xas long as short