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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.027%
Price spread now: Coinbase International against Nado+0.030%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.030%, 7d avg −0.030%
Together, before fees+0.133%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.059% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP339.28−0.0004get 0.0000% / 1h48m 46s$555K$28K20x
ShortCoinbase International AAPL-PERP-INTX339.380.0128get 0.0016% / 1h48m 46s$659K$629K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$27.68
Price spread: +0.030% → −0.030%
$5.95
Slippage, 4 orders
−$21.93
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$5.3
Costs to cover
0.389%
Break-even
8.3 days
Slippage from Nado: live order book, 57 min ago; Coinbase International: live order book, 58 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 Nado live order book, 57 min ago0.59 bp11.2 bp −$1133.4 bp −$334doesn't fitdoesn't fit
Sell Coinbase International live order book, 58 min ago2.50 bp8.5 bp −$911.2 bp −$112doesn't fitdoesn't fit

AAPL on 33 exchanges

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−0.0324%4h339.40+0.035%$81K$327K20xas long as short
BloFin AAPL-USDT−0.0024%8h339.280.000%$351K$166K20xas long as short
Nado AAPL-PERPlong−0.0004%1h339.28long leg$555K$28K20x
Aster AAPLUSDT0.0000%8h339.34+0.018%$120K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.17−0.031%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.34+0.019%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.26−0.005%$6.5M$285.5M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.36+0.024%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.08−0.058%$3.0M$7.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.39+0.033%$6.2M$3.5M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.43+0.043%$2.5M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.51+0.067%$12K$339K10xas long as short
SunX AAPL-USDT0.0000%8h339.26−0.005%$658$4.1M20xas long as short
HTX AAPL-USDT0.0000%8h339.21−0.020%$62K$241K30xas long as short
Phemex AAPLUSDT0.0000%4h339.42+0.042%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.30+0.006%$3.3M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.30+0.006%$924K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.33+0.015%$1.0M$3.0M20xas long as short
Arcus AAPL-USD+0.0040%1h339.13−0.044%$266K$48K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.22−0.017%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.35+0.021%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.280.000%$40.5M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.26−0.005%$278K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.20−0.023%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.14−0.041%$1.3M$2.2M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.25−0.008%$1.4M$210K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.30+0.006%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.22−0.017%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.23−0.015%$11K$10210xas long as short
Coinbase International AAPL-PERP-INTXshort+0.0128%1h339.38+0.030%$659K$629K10x
Deribit AAPL_USDC-PERPETUAL+0.0133%1h339.31+0.009%$28K$68K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.66+0.112%$191K$44K30xas long as short
Phoenix AAPL+0.0283%1h339.50+0.065%$5K$12K20xas long as short