Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: OKX against Variational Omni+0.019%7-day average −0.037% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.011%−$1 on $10k

Price spread, last 7 days−0.063%−$6 · spread now +0.019%, 7d avg −0.037%

Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.056% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAPL	339.45	0	get 0.0000% / 8h	4h 51m	$2.5M	$1.3M	—
Short	OKX AAPL-USDT-SWAP	339.52	0	get 0.0000% / 8h	4h 51m	$6.3M	$6.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.037%: $5.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$4.36
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 4 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, 1 min ago	2.03 bp	doesn't fit	9.8 bp −$98	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.15 bp	6.0 bp −$6	11.7 bp −$117	doesn't fit	doesn't fit

AAPL on 33 exchanges

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	−0.0068%	4h	339.36	−0.028%	$81K	$326K	20x	as long as short
BloFin AAPL-USDT	−0.0008%	8h	339.51	+0.016%	$350K	$165K	20x	as long as short
Nado AAPL-PERP	−0.0006%	1h	339.41	−0.012%	$555K	$28K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.40	−0.016%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.38	−0.021%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.48	+0.007%	$22.1M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.34	−0.034%	$6.7M	$284.2M	100x	as long as short
OKX AAPL-USDT-SWAPshort	0.0000%	8h	339.52	+0.019%	$6.3M	$6.7M	25x
Gate AAPL_USDT	0.0000%	8h	339.29	−0.049%	$3.0M	$7.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.44	−0.004%	$6.2M	$3.5M	100x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPLlong	0.0000%	8h	339.45	long leg	$2.5M	$1.3M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.48	+0.007%	$12K	$339K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.50	+0.013%	$676	$4.1M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.38	−0.022%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.59	+0.040%	$62K	$241K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.49	+0.010%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.43	−0.007%	$3.3M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.40	−0.015%	$924K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.40	−0.016%	$1.0M	$3.0M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.25	−0.060%	$267K	$48K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.31	−0.043%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.36	−0.028%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.37	−0.025%	$40.5M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.40	−0.016%	$279K	$347K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.39	−0.019%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.27	−0.054%	$1.3M	$2.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.32	−0.040%	$1.4M	$207K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.26	−0.057%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.32	−0.040%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.33	−0.037%	$11K	$102	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0128%	1h	339.38	−0.022%	$659K	$629K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.66	+0.060%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	339.51	+0.016%	$5K	$12K	20x	as long as short