Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.003%

Price spread now: Variational Omni against Vest+0.055%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.055% dearer against Vest than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest AAPL-USD-PERP	338.73	0.0046	pay 0.0006% / 1h	33m 35s	—	$45K	25x
Short	Variational Omni AAPL	338.92	0	get 0.0000% / 8h	5h 33m	$2.4M	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.055%Rate

Funding earned: −$9.59
Price spread: +0.055% → 0.000%: $5.46
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$6.13
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 1 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	2.04 bp	doesn't fit	7.4 bp −$74	doesn't fit	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0664%	4h	338.85	+0.035%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0060%	1h	338.82	+0.028%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.92	+0.055%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.83	+0.028%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.92	+0.056%	$22.3M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.95	+0.065%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.96	+0.068%	$6.3M	$6.8M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	338.84	+0.032%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.70	−0.009%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.00	+0.080%	$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 AAPLshort	0.0000%	8h	338.92	+0.055%	$2.4M	$1.4M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	338.88	+0.043%	$17K	$424K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.90	+0.050%	$868	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.76	+0.009%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.98	+0.074%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.90	+0.050%	$2.1M	$6K	10x	as long as short
QFEX AAPL-USD	+0.0013%	1h	338.88	+0.044%	$3.2M	$4.8M	10x	as long as short
BloFin AAPL-USDT	+0.0026%	8h	338.92	+0.056%	$343K	$169K	20x	as long as short
Lighter AAPL	+0.0032%	1h	338.78	+0.016%	$757K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.83	+0.030%	$951K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.80	+0.021%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERPlong	+0.0046%	1h	338.73	long leg	—	$45K	25x
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.78	+0.015%	$659K	$673K	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.68	−0.015%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.86	+0.038%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.67	−0.018%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0058%	1h	338.84	+0.032%	$40.7M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.85	+0.035%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.74	+0.003%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.79	+0.018%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.79	+0.018%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.25	+0.154%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.95	+0.065%	$5K	$11K	20x	as long as short