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 +0.001%

Price spread now: tradeXYZ against Variational Omni−0.022%7-day average −0.107% · you buy dearer than you sell

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.026%+$3 on $10k

Price spread, last 7 days−0.054%−$5 · spread now −0.022%, 7d avg −0.107%

Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.085% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAPL	339.77	0	get 0.0000% / 8h	36m 16s	$2.5M	$1.2M	—
Short	tradeXYZ xyz:AAPL	339.70	0.0050	get 0.0006% / 1h	36m 16s	$40.6M	$76.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.5
Price spread: −0.022% → −0.107%: $8.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $0.97
Costs to cover: 0.180%
Break-even: 6.4 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; tradeXYZ: live order book, 3 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	2.03 bp	doesn't fit	4.3 bp −$43	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.29 bp	10.0 bp −$10	10.7 bp −$107	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	−0.0560%	4h	339.68	−0.028%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0161%	1h	339.73	−0.012%	$556K	$37K	20x	as long as short
BloFin AAPL-USDT	−0.0008%	8h	339.74	−0.010%	$342K	$167K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.68	−0.029%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.66	−0.035%	$289K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.75	−0.007%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.71	−0.019%	$7.4M	$138.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.68	−0.028%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.59	−0.054%	$3.0M	$5.4M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.74	−0.010%	$6.2M	$3.6M	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	339.77	long leg	$2.5M	$1.2M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	−0.015%	$13K	$410K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.73	−0.013%	$455	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.63	−0.043%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.004%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.78	+0.001%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.67	−0.031%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.68	−0.028%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.66	−0.034%	$950K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	−0.052%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.66	−0.034%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPLshort	+0.0050%	1h	339.70	−0.022%	$40.6M	$76.1M	20x
Polymarket Perps AAPL-USD	+0.0050%	1h	339.64	−0.040%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.70	−0.022%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.51	−0.078%	$1.3M	$2.4M	20x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	339.68	−0.028%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.066%	$660K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.44	−0.099%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.69	−0.025%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.60	−0.052%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.64	−0.040%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.63	−0.043%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.87	+0.028%	$5K	$12K	20x	as long as short