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−0.0134%/8h= −14.6% APRnext payment $0.17 per $10,000 · paid last 24h +0.039%
Price spread now: Ondo Perps against Hotstuff−0.053%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 · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.053% cheaper against Hotstuff than usual: you would sell low and buy high (−$5 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-PERP338.860.0184pay 0.0023% / 1h21m 48s$36K20x
ShortOndo Perps AAPL-USD.P338.680.0050get 0.0006% / 1h21m 48s$1.3M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$28.06
Price spread: −0.053% → 0.000%
−$5.31
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$43.37
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0552%4h339.00+0.042%$81K$325K20xas long as short
BloFin AAPL-USDT−0.0013%8h338.92+0.018%$354K$165K20xas long as short
Aster AAPLUSDT0.0000%8h338.75−0.034%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.860.000%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h338.90+0.012%$22.1M$66.8M25xas long as short
Bybit AAPLUSDT0.0000%8h338.93+0.021%$6.3M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.82−0.012%$6.6M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.71−0.044%$3.0M$4.1M100xas long as short
Bitget AAPLUSDT0.0000%8h338.94+0.024%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.01+0.046%$2.2M$1.1Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h338.99+0.037%$14K$522K10xas long as short
SunX AAPL-USDT0.0000%8h338.88+0.006%$634$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.79−0.021%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h338.95+0.027%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.97+0.032%$2.1M$7K10xas long as short
Lighter AAPL+0.0032%1h338.83−0.008%$761K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.89+0.009%$981K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.65−0.062%$43K25xas long as short
QFEX AAPL-USD+0.0049%1h338.85−0.003%$3.2M$4.9M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.61−0.074%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.85−0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h338.68−0.053%$1.3M$2.2M20x
Nado AAPL-PERP+0.0072%1h338.71−0.043%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.76−0.030%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.72−0.041%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.84−0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.82−0.012%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0144%1h338.95+0.027%$659K$673K10xas long as short
Hotstuff AAPL-PERPlong+0.0184%1h338.86long leg$36K20x
tradeXYZ xyz:AAPL+0.0198%1h338.83−0.009%$40.7M$76.7M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.70−0.047%$191K$44K30xas long as short
Phoenix AAPL+0.0283%1h339.10+0.071%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.84−0.006%$269K$69K20xas long as short