Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.027%

Price spread now: Extended against Orderly+0.003%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AAPL_USDC_mythos	339.08	0.0100	pay 0.0100% / 8h	3h 02m	$4K	—	10x
Short	Extended AAPL_24_5-USD	339.09	0	get 0.0000% / 1h	2m 04s	$278K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$21
Price spread: +0.003% → 0.000%: $0.35
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$31.65
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Extended: live order book, 1 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	0.15 bp	3.8 bp −$4	13.4 bp −$134	doesn't fit	doesn't fit

Orderly: 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
Nado AAPL-PERP	−0.0096%	1h	339.10	+0.005%	$555K	$38K	20x	as long as short
edgeX AAPLUSDC	−0.0074%	4h	339.15	+0.021%	$81K	$328K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0015%	1h	338.95	−0.038%	$28K	$67K	10x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.21	+0.039%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USDshort	0.0000%	1h	339.09	+0.003%	$278K	$1.7M	10x
Binance AAPLUSDT	0.0000%	8h	339.23	+0.044%	$22.0M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.21	+0.038%	$5.8M	$74.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.22	+0.041%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.94	−0.041%	$3.0M	$4.5M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.27	+0.056%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.20	+0.037%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.25	+0.050%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.19	+0.032%	$824	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.24	+0.047%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.26	+0.053%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0023%	8h	339.20	+0.035%	$341K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	339.08	0.000%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.09	+0.003%	$814K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.08	0.000%	$939K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.03	−0.015%	$266K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.04	−0.012%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.08	0.000%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.09	+0.003%	$40.5M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.10	+0.006%	$277K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.07	−0.003%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.03	−0.015%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	339.08	0.000%	$662K	$657K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.17	+0.027%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.16	+0.024%	$947K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythoslong	+0.0100%	8h	339.08	long leg	$4K	—	10x
Aevo AAPL-PERP	+0.0104%	1h	339.09	+0.002%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.05	−0.009%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	339.25	+0.050%	$5K	$11K	20x	as long as short