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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.066%
Price spread now: Injective against Extended+0.163%60s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.451%+$45 on $10k
Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.163%, 7d avg +0.096%
Together, before fees+0.192%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.067% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.096%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAPL_24_5-USD338.860get 0.0000% / 1h24m 08s$284K$1.5M10x
ShortInjective AAPL/USDC PERP339.410.0220get 0.0028% / 1h24m 08s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +0.163% → +0.096%
$6.72
Slippage, 4 orders
−$22.68
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$25.22
Costs to cover
0.277%
Break-even
3.2 days
Slippage from Extended: live order book, 4 min ago; Injective: live order book, 65 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 −$414.3 bp −$143doesn't fitdoesn't fit
Sell Injective live order book, 65 min ago9.88 bp10.2 bp −$1010.2 bp −$102doesn'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−0.0552%4h339.00+0.043%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h338.75−0.031%$122K$291K20xas long as short
Extended AAPL_24_5-USDlong0.0000%1h338.86long leg$284K$1.5M10x
Binance AAPLUSDT0.0000%8h338.89+0.010%$22.1M$66.8M25xas long as short
Bybit AAPLUSDT0.0000%8h338.94+0.025%$6.3M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.86+0.001%$6.6M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.73−0.037%$3.0M$4.1M100xas long as short
Bitget AAPLUSDT0.0000%8h338.92+0.019%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.01+0.047%$2.2M$1.1Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.99+0.039%$14K$522K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h338.89+0.010%$752$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.85−0.002%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h338.98+0.037%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.01+0.045%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0022%8h339.00+0.042%$354K$165K20xas long as short
Lighter AAPL+0.0032%1h338.84−0.005%$761K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.87+0.004%$980K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.68−0.052%$43K25xas long as short
QFEX AAPL-USD+0.0049%1h338.90+0.013%$3.2M$4.9M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.62−0.070%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.86+0.001%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.68−0.052%$1.3M$2.2M20xas long as short
Nado AAPL-PERP+0.0076%1h338.72−0.040%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.72−0.040%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.72−0.040%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.84−0.005%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h338.85−0.002%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h338.84−0.005%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0144%1h338.96+0.031%$658K$671K10xas long as short
tradeXYZ xyz:AAPL+0.0204%1h338.85−0.002%$40.7M$76.7M20xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.41+0.163%$191K$44K30x
Phoenix AAPL+0.0283%1h339.10+0.072%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.86+0.001%$269K$69K20xas long as short