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: SunX against Variational Omni−0.040%7-day average −0.008% · you buy dearer than you sell

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

Long on Variational Omni Short on SunX

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 4 days (all we have)−0.220%−$22 · spread now −0.040%, 7d avg −0.008%

Together, before fees−0.231%+ Points / potential airdropVariational Omni: Active · farm board−$23 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: SunX is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAPL	340.11	0	get 0.0000% / 8h	7h 07m	$2.5M	$1.2M	—
Short	SunX AAPL-USDT	339.97	0	get 0.0000% / 8h	7h 07m	$646	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.008%: −$3.13
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$11.13
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SunX: live order book, 11 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	4.0 bp −$40	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	44.85 bp	49.4 bp −$49	doesn't fit	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	−0.0395%	4h	340.03	−0.023%	$81K	$326K	20x	as long as short
Hotstuff AAPL-PERP	−0.0040%	1h	339.90	−0.060%	$36K	—	20x	as long as short
Nado AAPL-PERP	−0.0014%	1h	339.87	−0.070%	$556K	$35K	20x	as long as short
BloFin AAPL-USDT	−0.0007%	8h	339.99	−0.034%	$345K	$166K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.89	−0.065%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.89	−0.062%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.98	−0.037%	$22.2M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	340.01	−0.028%	$7.6M	$219.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.97	−0.040%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.82	−0.084%	$3.0M	$6.6M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	340.03	−0.022%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPLlong	0.0000%	8h	340.11	long leg	$2.5M	$1.2M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.86	−0.071%	$22K	$345K	10x	as long as short
SunX AAPL-USDTshort	0.0000%	8h	339.97	−0.040%	$646	$4.3M	20x
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.88	−0.066%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.14	+0.010%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.16	+0.016%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	340.00	−0.031%	$3.2M	$4.2M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.56	−0.160%	$660K	$653K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.91	−0.057%	$928K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.92	−0.054%	$986K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.92	−0.054%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.82	−0.084%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.92	−0.054%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.94	−0.049%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.92	−0.054%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.69	−0.122%	$1.3M	$2.3M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.72	−0.113%	$1.4M	$95K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.88	−0.066%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.90	−0.060%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.88	−0.067%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.09	−0.004%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.37	+0.078%	$192K	$44K	30x	as long as short