Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate−0.026%7-day average −0.029% · you buy dearer than you sell

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.026%, 7d avg −0.029%

Together, before fees+0.079%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	339.87	0	get 0.0000% / 8h	7h 11m	$3.0M	$6.4M	100x
Short	Ondo Perps AAPL-USD.P	339.78	0.0050	get 0.0006% / 1h	11m 27s	$1.3M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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 GatebpFee Ondo PerpsbpOrdersPrice spread, now −0.026%Rate

Funding earned: $10.58
Price spread: −0.026% → −0.029%: $0.25
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$9.17
Costs to cover: 0.200%
Break-even: 13.1 days

Slippage unknown: Gate: live order book, 2 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	2.50 bp	10.9 bp −$11	21.9 bp −$219	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0543%	4h	339.97	+0.030%	$81K	$328K	20x	as long as short
Hotstuff AAPL-PERP	−0.0048%	1h	339.89	+0.006%	$36K	—	20x	as long as short
BloFin AAPL-USDT	−0.0028%	8h	340.03	+0.047%	$345K	$166K	20x	as long as short
Nado AAPL-PERP	−0.0017%	1h	339.90	+0.010%	$556K	$35K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.91	+0.010%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.99	+0.034%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	340.09	+0.065%	$22.2M	$67.2M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	340.14	+0.079%	$6.4M	$215.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	340.00	+0.038%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	339.87	long leg	$3.0M	$6.4M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	340.02	+0.044%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.04	+0.049%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.86	−0.002%	$22K	$345K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	340.07	+0.059%	$915	$4.3M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.18	+0.091%	$62K	$243K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.08	+0.062%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.95	+0.024%	$3.2M	$4.2M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.56	−0.091%	$660K	$653K	10x	as long as short
Lighter AAPL	+0.0032%	1h	340.00	+0.038%	$929K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.97	+0.029%	$987K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.93	+0.018%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.78	−0.026%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.98	+0.032%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.90	+0.009%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.95	+0.024%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	339.78	−0.026%	$1.3M	$2.3M	20x
KuCoin AAPLUSDTM	+0.0100%	8h	339.78	−0.026%	$1.4M	$93K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.88	+0.003%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.91	+0.012%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.90	+0.007%	$11K	$102	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0133%	1h	339.95	+0.024%	$28K	$70K	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.08	+0.062%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.37	+0.147%	$192K	$44K	30x	as long as short