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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0341%/8h= +37.3% APRnext payment +$0.43 per $10,000 · paid last 24h +0.074%
Price spread now: Injective against Nado−0.060%49s7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.471% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.267%+$27 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.060%, 7d avg +0.098%
Together, before fees+0.262%+ Points / potential airdropNado: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.158% cheaper against Nado than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.098%). If the spread goes back, that is −$16 on $10k: about 37 hours of funding at the current rate (+$10 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP339.71−0.0121get 0.0015% / 1h12m 16s$556K$38K20x
ShortInjective AAPL/USDC PERP339.510.0220get 0.0028% / 1h12m 16s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$71.52
Price spread: −0.060% → +0.098%
−$15.78
Slippage, 4 orders
−$40.06
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$8.67
Costs to cover
0.471%
Break-even
6.2 days
Slippage from Nado: live order book, 36 min ago; Injective: live order book, 37 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, 36 min ago0.59 bp13.0 bp −$1368.0 bp −$680doesn't fitdoesn't fit
Sell Injective live order book, 37 min ago9.88 bp9.9 bp −$109.9 bp −$99doesn'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−0.0493%4h339.75+0.011%$81K$328K20xas long as short
Nado AAPL-PERPlong−0.0121%1h339.71long leg$556K$38K20x
Hotstuff AAPL-PERP−0.0112%1h339.64−0.021%$36K20xas long as short
BloFin AAPL-USDT−0.0027%8h339.71−0.001%$339K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.72+0.003%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.66−0.016%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.77+0.016%$22.1M$67.6M25xas long as short
Bybit AAPLUSDT0.0000%8h339.78+0.020%$7.0M$92.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.80+0.026%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.59−0.036%$3.0M$4.8M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.87+0.046%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.75+0.012%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.81+0.029%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.79+0.023%$744$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.60−0.033%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.91+0.058%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h339.82+0.032%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0020%1h339.67−0.013%$3.3M$4.4M10xas long as short
Lighter AAPL+0.0032%1h339.68−0.009%$909K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.68−0.010%$945K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.58−0.039%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.58−0.039%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.55−0.048%$660K$662K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.71−0.001%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.62−0.027%$282K$415K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.72+0.002%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.53−0.054%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0097%8h339.54−0.051%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.67−0.013%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.66−0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.67−0.013%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.85+0.040%$5K$11K20xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.51−0.060%$191K$44K30x