Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against OKX−0.083%7-day average −0.052% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.083%, 7d avg −0.052%

Together, before fees+0.156%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.030% cheaper against OKX than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.052%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	338.85	0	get 0.0000% / 8h	7h 32m	$6.4M	$6.5M	25x
Short	Ondo Perps AAPL-USD.P	338.57	0.0050	get 0.0006% / 1h	32m 37s	$1.4M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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 OKXbpFee Ondo PerpsbpOrdersPrice spread, now −0.083%Rate

Funding earned: $10.58
Price spread: −0.083% → −0.052%: −$3.05
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$7.46
Costs to cover: 0.150%
Break-even: 11.9 days

Slippage unknown: OKX: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	0.15 bp	7.3 bp −$7	13.3 bp −$133	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0386%	4h	338.84	−0.002%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0023%	1h	338.74	−0.031%	$556K	$36K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.96	+0.031%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.89	+0.012%	$6.0M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	338.85	long leg	$6.4M	$6.5M	25x
Gate AAPL_USDT	0.0000%	8h	338.68	−0.050%	$3.0M	$4.2M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.93	+0.024%	$13K	$479K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.88	+0.009%	$715	$4.7M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.68	−0.050%	$28K	$66K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.00	+0.044%	$53K	$225K	30x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.030%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.76	−0.026%	$770K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.81	−0.012%	$957K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.64	−0.062%	—	$52K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.79	−0.018%	$40.8M	$75.9M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.69	−0.047%	$263K	$396K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.79	−0.018%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	338.57	−0.083%	$1.4M	$2.5M	20x
Bitget AAPLUSDT	+0.0052%	8h	338.90	+0.015%	$6.2M	$3.4M	100x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.89	+0.012%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	338.79	−0.018%	$36K	—	20x	as long as short
Variational Omni AAPL	+0.0090%	8h	338.94	+0.025%	$2.4M	$1.4M	—	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.60	−0.074%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.66	−0.056%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.83	−0.006%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.82	−0.010%	$11K	—	10x	as long as short
Extended AAPL_24_5-USD	+0.0112%	1h	338.83	−0.006%	$286K	$2.4M	10x	as long as short
Binance AAPLUSDT	+0.0112%	8h	338.89	+0.013%	$22.2M	$66.7M	25x	as long as short
BloFin AAPL-USDT	+0.0114%	8h	338.91	+0.018%	$347K	$169K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.77	−0.024%	$659K	$663K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.65	−0.059%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.96	+0.032%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.81	−0.012%	$269K	$70K	20x	as long as short