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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.035%
Price spread now: Arcus against Injective−0.129%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.151%−$15 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.129%, 7d avg −0.111%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.111%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP340.370.0220pay 0.0028% / 1h10m 58s$192K$44K30x
ShortArcus AAPL-USD339.930.0040get 0.0005% / 1h10m 58s$267K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Injective. 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
−$37.74
Price spread: −0.129% → −0.111%
−$1.82
Slippage, 4 orders
−$29.14
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$73.22
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Injective: live order book, 23 min ago; Arcus: live order book, 22 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 Injective live order book, 23 min ago9.99 bp10.0 bp −$1010.0 bp −$10057602.3 bp −$5.76M328011.0 bp −$164.01M
Sell Arcus live order book, 22 min ago2.80 bp6.1 bp −$67.9 bp −$7917.1 bp −$1,712doesn'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−0.0543%4h339.97−0.117%$81K$328K20xas long as short
Hotstuff AAPL-PERP−0.0048%1h339.89−0.141%$36K20xas long as short
BloFin AAPL-USDT−0.0028%8h340.08−0.085%$345K$166K20xas long as short
Nado AAPL-PERP−0.0017%1h339.90−0.137%$556K$35K20xas long as short
Aster AAPLUSDT0.0000%8h339.90−0.139%$121K$294K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.99−0.112%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.06−0.091%$22.2M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h340.12−0.073%$6.4M$215.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h340.00−0.109%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.89−0.141%$3.0M$6.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h340.07−0.088%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h340.04−0.098%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.86−0.148%$22K$345K10xas long as short
SunX AAPL-USDT0.0000%8h340.08−0.085%$765$4.3M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.93−0.129%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h340.18−0.056%$62K$243K30xas long as short
Phemex AAPLUSDT0.0000%4h340.11−0.076%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.95−0.123%$3.2M$4.2M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.56−0.238%$660K$653K10xas long as short
Lighter AAPL+0.0032%1h340.02−0.102%$929K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h340.00−0.109%$987K$3.3M20xas long as short
Arcus AAPL-USDshort+0.0040%1h339.93−0.129%$267K$60K20x
Vest AAPL-USD-PERP+0.0046%1h339.78−0.173%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.98−0.115%$40.4M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.90−0.138%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.95−0.123%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.78−0.173%$1.3M$2.3M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.81−0.165%$1.4M$93K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.88−0.144%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.95−0.123%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.95−0.123%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h340.08−0.085%$5K$12K20xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h340.37long leg$192K$44K30x