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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against Orderly+0.031%50s7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAPL_USDC_mythos339.020.0100pay 0.0100% / 8h49m 42s$4K10x
ShortGRVT AAPL_USDT_Perp339.120get 0.0000% / 8h49m 42s$14K$498K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
−$21
Price spread: +0.031% → 0.000%
$3.05
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$32.95
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 28 min ago. 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 Orderly no order-book sample
Sell GRVT live order book, 28 min ago1.33 bp6.0 bp −$67.6 bp −$76doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0600%4h339.13+0.033%$81K$326K20xas long as short
Aster AAPLUSDT0.0000%8h339.01−0.003%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.22+0.059%$6.1M$39.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.17+0.044%$6.5M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h338.94−0.024%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perpshort0.0000%8h339.12+0.031%$14K$498K10x
SunX AAPL-USDT0.0000%8h339.15+0.038%$797$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.24+0.065%$52K$222K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17+0.044%$2.1M$7K10xas long as short
Bitget AAPLUSDT+0.0024%8h339.19+0.050%$6.2M$3.4M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h339.07+0.015%$964K$3.7M20xas long as short
Variational Omni AAPL+0.0034%8h339.17+0.043%$2.4M$1.4Mas long as short
Vest AAPL-USD-PERP+0.0046%1h338.79−0.068%$53K25xas long as short
BloFin AAPL-USDT+0.0048%8h339.18+0.047%$306K$167K20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.96−0.018%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.04+0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.86−0.047%$1.4M$2.4M20xas long as short
Extended AAPL_24_5-USD+0.0064%1h339.10+0.023%$285K$1.5M10xas long as short
QFEX AAPL-USD+0.0064%1h339.07+0.015%$3.2M$5.1M10xas long as short
Binance AAPLUSDT+0.0065%8h339.16+0.041%$22.4M$67.2M25xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.88−0.041%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.77−0.074%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythoslong+0.0100%8h339.02long leg$4K10x
Lighter AAPL+0.0104%1h339.03+0.004%$773K$2.4M20xas long as short
Aevo AAPL-PERP+0.0104%1h339.10+0.023%$11K10xas long as short
Nado AAPL-PERP+0.0121%1h338.85−0.051%$556K$35K20xas long as short
Hotstuff AAPL-PERP+0.0136%1h339.03+0.003%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.003%$660K$677K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.57+0.162%$191K$44K30xas long as short
tradeXYZ xyz:AAPL+0.0222%1h339.03+0.003%$40.9M$76.4M20xas long as short
Phoenix AAPL+0.0330%1h339.08+0.018%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h339.04+0.006%$270K$71K20xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0429%1h339.04+0.006%$28K$65K10xas long as short