Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.021%

Price spread now: Arcus against Variational Omni−0.049%50s7-day average −0.068% · you buy dearer than you sell

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

Long on Variational Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.246%−$25 · spread now −0.049%, 7d avg −0.068%

Together, before fees−0.174%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 50 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	Variational Omni AAPL	339.81	0	get 0.0000% / 8h	2h 20m	$2.4M	$1.3M	—
Short	Arcus AAPL-USD	339.64	0.0040	get 0.0005% / 1h	20m 43s	$267K	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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 Variational OmnibpFee ArcusbpOrdersPrice spread, now −0.049%Rate

Funding earned: $8.46
Price spread: −0.049% → −0.068%: $1.99
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $5.95
Costs to cover: 0.045%
Break-even: 2.1 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Arcus: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 3 min ago	2.05 bp	doesn't fit	10.2 bp −$102	doesn't fit	doesn't fit
Sell Arcus live order book, 28 min ago	3.98 bp	10.3 bp −$10	12.5 bp −$125	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	−0.0604%	4h	339.83	+0.006%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0118%	1h	339.79	−0.006%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0018%	8h	339.82	+0.004%	$340K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.67	−0.040%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.69	−0.033%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.75	−0.017%	$22.1M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.84	+0.010%	$5.8M	$90.0M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.81	+0.001%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.63	−0.052%	$3.0M	$4.8M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.88	+0.022%	$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 AAPLlong	0.0000%	8h	339.81	long leg	$2.4M	$1.3M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.85	+0.013%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.79	−0.004%	$907	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.66	−0.043%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.89	+0.025%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.87	+0.019%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.74	−0.019%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.69	−0.033%	$874K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.68	−0.037%	$941K	$3.7M	20x	as long as short
Arcus AAPL-USDshort	+0.0040%	1h	339.64	−0.049%	$267K	$60K	20x
Vest AAPL-USD-PERP	+0.0046%	1h	339.67	−0.040%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.77	−0.010%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.56	−0.072%	$663K	$654K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.71	−0.028%	$40.5M	$76.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.65	−0.046%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.73	−0.022%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.60	−0.060%	$1.3M	$2.5M	20x	as long as short
KuCoin AAPLUSDTM	+0.0092%	8h	339.37	−0.128%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.77	−0.010%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.64	−0.049%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.72	−0.026%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.88	+0.022%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.58	−0.066%	$191K	$44K	30x	as long as short