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 +0.028%
Price spread now: Orderly against GRVT−0.032%70s7-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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.032% cheaper against GRVT than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AAPL_USDT_Perp338.890get 0.0000% / 8h5h 35m$17K$433K10x
ShortOrderly PERP_AAPL_USDC_mythos338.780.0100get 0.0100% / 8h5h 35m$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against GRVT. 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: −0.032% → 0.000%
−$3.19
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.81
Costs to cover
0.150%
Break-even
6.1 days
Slippage unknown: GRVT: live order book, 27 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 GRVT live order book, 27 min ago1.33 bp5.9 bp −$68.2 bp −$82doesn't fitdoesn'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−0.0109%4h338.77−0.036%$81K$326K20xas long as short
Nado AAPL-PERP−0.0059%1h338.78−0.031%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.90+0.002%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.82−0.021%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.890.000%$22.3M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.92+0.009%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.95+0.018%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.66−0.067%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.98+0.027%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.92+0.008%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perplong0.0000%8h338.89long leg$17K$433K10x
SunX AAPL-USDT0.0000%8h338.90+0.003%$549$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.73−0.047%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.02+0.039%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.89+0.001%$2.1M$6K10xas long as short
BloFin AAPL-USDT0.0000%8h338.86−0.008%$343K$169K20xas long as short
QFEX AAPL-USD+0.0013%1h338.84−0.014%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.75−0.041%$757K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.80−0.026%$951K$3.6M20xas long as short
Hotstuff AAPL-PERP+0.0032%1h338.85−0.011%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h338.79−0.029%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.69−0.059%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78−0.032%$659K$673K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.63−0.076%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.86−0.008%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.58−0.091%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0057%1h338.85−0.011%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.80−0.026%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.67−0.064%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythosshort+0.0100%8h338.78−0.032%$4K10x
Aevo AAPL-PERP+0.0104%1h338.78−0.031%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.58−0.091%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.95+0.018%$5K$11K20xas long as short