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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.19 per $10,000 · paid last 24h +0.022%
Price spread now: Extended against Hotstuff−0.024%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.024% cheaper against Hotstuff than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff AAPL-PERP339.070.0200pay 0.0025% / 1h24m 27s$36K20x
ShortExtended AAPL_24_5-USD338.990.0048get 0.0006% / 1h24m 27s$288K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
−$31.92
Price spread: −0.024% → 0.000%
−$2.41
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$44.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 4 min ago. 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 Hotstuff no order-book sample
Sell Extended live order book, 4 min ago0.15 bp3.8 bp −$418.3 bp −$183doesn't fitdoesn't fit
Hotstuff: 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 32 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−0.0155%4h339.01−0.018%$81K$325K20xas long as short
Nado AAPL-PERP−0.0063%1h339.10+0.009%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.99−0.024%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.18+0.032%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.17+0.029%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.93−0.041%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.19+0.035%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.03−0.012%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.01−0.018%$953$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.88−0.056%$28K$67K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.14+0.021%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.11+0.012%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0018%8h339.02−0.013%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.05−0.006%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.01−0.017%$742K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.09+0.006%$951K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h338.94−0.038%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.96−0.032%$45K25xas long as short
Extended AAPL_24_5-USDshort+0.0048%1h338.99−0.024%$288K$2.0M10x
Polymarket Perps AAPL-USD+0.0050%1h338.89−0.053%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.98−0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.85−0.065%$1.4M$2.5M20xas long as short
Binance AAPLUSDT+0.0051%8h339.11+0.012%$22.2M$66.8M25xas long as short
tradeXYZ xyz:AAPL+0.0069%1h339.070.000%$40.8M$75.7M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.90−0.050%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.80−0.080%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.01−0.018%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.99−0.022%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.165%$655K$665K10xas long as short
Hotstuff AAPL-PERPlong+0.0200%1h339.07long leg$36K20x
Injective AAPL/USDC PERP+0.0220%1h338.78−0.086%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.10+0.009%$5K$11K20xas long as short