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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.024%
Price spread now: Ondo Perps against Nado−0.021%7-day average −0.060% · 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)+0.104%+$10 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.021%, 7d avg −0.060%
Together, before fees+0.052%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board+$5 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 Ondo Perps is 0.039% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP338.73−0.0072get 0.0009% / 1h44m 59s$554K$38K20x
ShortOndo Perps AAPL-USD.P338.660.0050get 0.0006% / 1h44m 59s$1.4M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$25.64
Price spread: −0.021% → −0.060%
$3.93
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$17.57
Costs to cover
0.120%
Break-even
2.2 days
Slippage unknown: Nado: live order book, 23 min ago; Ondo Perps: no order-book sample. 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 Nado live order book, 23 min ago0.15 bp12.5 bp −$1269.3 bp −$693doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0775%4h338.85+0.036%$81K$327K20xas long as short
Nado AAPL-PERPlong−0.0072%1h338.73long leg$554K$38K20x
Hotstuff AAPL-PERP−0.0024%1h338.80+0.021%$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.86+0.038%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.95+0.065%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.94+0.062%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.75+0.006%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.97+0.071%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.86+0.038%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.89+0.047%$874$4.7M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.06+0.097%$52K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.94+0.062%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0028%1h338.84+0.033%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.75+0.004%$744K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.79+0.018%$953K$3.5M20xas long as short
Variational Omni AAPL+0.0034%8h338.90+0.052%$2.4M$1.4Mas long as short
Arcus AAPL-USD+0.0040%1h338.79+0.018%$269K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.65−0.024%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.62−0.032%$261K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.84+0.033%$75K$3K10xas long as short
BloFin AAPL-USDT+0.0050%8h338.91+0.053%$347K$169K20xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h338.66−0.021%$1.4M$2.4M20x
Extended AAPL_24_5-USD+0.0064%1h338.88+0.043%$284K$2.0M10xas long as short
Binance AAPLUSDT+0.0065%8h338.98+0.074%$22.2M$66.8M25xas long as short
tradeXYZ xyz:AAPL+0.0089%1h338.85+0.035%$40.8M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.69−0.012%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.67−0.018%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.80+0.021%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.81+0.025%$11K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0104%1h338.79+0.018%$28K$67K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.065%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.65−0.024%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h338.95+0.065%$5K$11K20xas long as short