Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.018%

Price spread now: Bitget against Nado+0.038%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.038%, 7d avg +0.027%

Together, before fees+0.014%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AAPL-PERP	338.76	−0.0073	get 0.0009% / 1h	56m 18s	$554K	$38K	20x
Short	Bitget AAPLUSDT	338.89	0	get 0.0000% / 8h	3h 56m	$6.2M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee BitgetbpOrdersPrice spread, now +0.038%Rate

Funding earned: $15.43
Price spread: +0.038% → +0.027%: $1.11
Slippage, 4 orders: −$27.69
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$30.15
Costs to cover: 0.467%
Break-even: 20.7 days

Slippage from Nado: live order book, 62 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 62 min ago	0.15 bp	12.7 bp −$13	71.2 bp −$712	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.15 bp	10.9 bp −$11	15.0 bp −$150	36.2 bp −$3,620	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0497%	4h	338.78	+0.004%	$81K	$325K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0104%	1h	338.58	−0.054%	$28K	$67K	10x	as long as short
Nado AAPL-PERPlong	−0.0073%	1h	338.76	long leg	$554K	$38K	20x
Aster AAPLUSDT	0.0000%	8h	338.74	−0.007%	$122K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.74	−0.007%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.83	+0.020%	$21.9M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.80	+0.011%	$5.9M	$53.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.82	+0.017%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.60	−0.048%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDTshort	0.0000%	8h	338.89	+0.038%	$6.2M	$3.5M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	338.83	+0.022%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.83	+0.020%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.83	+0.020%	$610	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.84	+0.023%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.83	+0.020%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0019%	8h	338.83	+0.020%	$341K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	338.79	+0.008%	$3.2M	$4.6M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.70	−0.018%	$782K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.70	−0.018%	$944K	$3.6M	20x	as long as short
Hotstuff AAPL-PERP	+0.0040%	1h	338.68	−0.024%	$36K	—	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.71	−0.015%	$266K	$66K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.64	−0.036%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.69	−0.021%	$40.5M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.70	−0.018%	$278K	$405K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.69	−0.021%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.58	−0.054%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	+0.005%	$659K	$652K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.65	−0.033%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.64	−0.036%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.70	−0.018%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.71	−0.014%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.26	+0.147%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.80	+0.011%	$5K	$11K	20x	as long as short