Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against Polymarket Perps+0.006%46s7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.448% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.006%, 7d avg +0.083%

Together, before fees−0.087%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.077% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.083%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AAPL-USD	339.74	0.0050	pay 0.0006% / 1h	0m 48s	$279K	$423K	10x
Short	Aster AAPLUSDT	339.76	0	get 0.0000% / 8h	0m 48s	$121K	$294K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$10.5
Price spread: +0.006% → +0.083%: −$7.71
Slippage, 4 orders: −$28.82
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$63.03
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 37 min ago; Aster: live order book, 36 min ago.

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 Polymarket Perps live order book, 37 min ago	0.74 bp	5.3 bp −$5	5.3 bp −$53	7.6 bp −$764	doesn't fit
Sell Aster live order book, 36 min ago	3.09 bp	15.1 bp −$15	189.1 bp −$1,891	doesn't fit	doesn't fit

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	−0.0293%	4h	339.80	+0.017%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0139%	1h	339.79	+0.015%	$556K	$37K	20x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	339.76	+0.006%	$121K	$294K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.83	+0.026%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.90	+0.047%	$22.1M	$67.2M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.90	+0.047%	$7.4M	$169.6M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.86	+0.035%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.67	−0.021%	$3.0M	$5.7M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.88	+0.041%	$6.2M	$3.6M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.92	+0.052%	$2.5M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.84	+0.030%	$13K	$357K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.91	+0.050%	$421	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.76	+0.006%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.05	+0.091%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.84	+0.029%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0008%	8h	339.82	+0.024%	$344K	$167K	20x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.81	+0.021%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.80	+0.016%	$942K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.78	+0.012%	$956K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.73	−0.003%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.71	−0.009%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.80	+0.018%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USDlong	+0.0050%	1h	339.74	long leg	$279K	$423K	10x
SoDEX AAPL-USD	+0.0050%	1h	339.85	+0.032%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.68	−0.018%	$1.3M	$2.3M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.056%	$660K	$659K	10x	as long as short
Hotstuff AAPL-PERP	+0.0072%	1h	339.86	+0.035%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.72	−0.006%	$1.4M	$55K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.69	−0.015%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.75	+0.003%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.79	+0.015%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.69	−0.015%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.96	+0.065%	$5K	$12K	20x	as long as short