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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Variational Omni against Injective−0.116%61s7-day average −0.062% · 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)−0.204%−$20 on $10k
Price spread, last 3 days (all we have)+0.296%+$30 · spread now −0.116%, 7d avg −0.062%
Together, before fees+0.093%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.054% cheaper against Injective than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.062%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP339.550.0220pay 0.0028% / 1h36m 16s$191K$44K30x
ShortVariational Omni AAPL339.150get 0.0000% / 8h1h 36m$2.4M$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$46.2
Price spread: −0.116% → −0.062%
−$5.4
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$51.62
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 48 min ago; Variational Omni: RFQ quote, 3 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 Injective live order book, 48 min ago10.03 bp10.0 bp −$1010.0 bp −$10057595.0 bp −$5.76M327974.4 bp −$163.99M
Sell Variational Omni RFQ quote, 3 min ago2.04 bpdoesn't fit5.3 bp −$53doesn't fitdoesn'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−0.0004%4h339.11−0.130%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.11−0.129%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.06−0.143%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.12−0.127%$22.4M$67.4M25xas long as short
Bybit AAPLUSDT0.0000%8h339.17−0.112%$6.1M$39.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.05−0.147%$6.6M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.90−0.191%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.13−0.124%$6.2M$3.4M100xas long as short
Variational Omni AAPLshort0.0000%8h339.15−0.116%$2.4M$1.4M
GRVT AAPL_USDT_Perp0.0000%8h339.12−0.126%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.10−0.133%$726$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.85−0.206%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.22−0.097%$53K$222K30xas long as short
Phemex AAPLUSDT0.0000%4h339.15−0.118%$2.1M$7K10xas long as short
BloFin AAPL-USDT0.0000%8h339.15−0.118%$351K$168K20xas long as short
Lighter RH AAPL+0.0032%1h339.04−0.150%$968K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.79−0.224%$53K25xas long as short
Lighter AAPL+0.0048%1h339.02−0.155%$769K$2.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.90−0.191%$265K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.02−0.156%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.67−0.259%$1.5M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h339.05−0.147%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0064%1h339.03−0.153%$36K20xas long as short
Nado AAPL-PERP+0.0083%1h338.86−0.204%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.84−0.209%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.79−0.224%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99−0.165%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.04−0.149%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.93−0.183%$659K$675K10xas long as short
tradeXYZ xyz:AAPL+0.0184%1h338.99−0.165%$40.9M$76.8M20xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h339.55long leg$191K$44K30x
Phoenix AAPL+0.0354%1h339.15−0.118%$2K$11K20xas long as short
Arcus AAPL-USD+0.0364%1h339.02−0.156%$270K$70K20xas long as short