Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Aster against Binance−0.037%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.037%, 7d avg −0.002%

Together, before fees−0.136%+ Points / potential airdropAster: Stage 5 · farm board−$14 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: Aster is 0.035% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAPLUSDT	339.73	0	get 0.0000% / 8h	1h 01m	$22.1M	$67.5M	25x
Short	Aster AAPLUSDT	339.61	0	get 0.0000% / 8h	1h 01m	$121K	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.002%: −$3.51
Slippage, 4 orders: −$31.35
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$52.86
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Aster: live order book, 40 min ago.

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 Binance live order book, 11 min ago	0.15 bp	5.4 bp −$5	8.6 bp −$86	37.5 bp −$3,747	doesn't fit
Sell Aster live order book, 40 min ago	3.24 bp	17.5 bp −$17	161.1 bp −$1,611	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	−0.0852%	4h	339.69	−0.014%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0050%	1h	339.56	−0.049%	$555K	$37K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	339.67	−0.018%	$36K	—	20x	as long as short
BloFin AAPL-USDT	−0.0003%	8h	339.72	−0.003%	$342K	$168K	20x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	339.61	−0.037%	$121K	$292K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.65	−0.023%	$291K	$1.9M	10x	as long as short
Binance AAPLUSDTlong	0.0000%	8h	339.73	long leg	$22.1M	$67.5M	25x
Bybit AAPLUSDT	0.0000%	8h	339.79	+0.017%	$5.9M	$128.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.76	+0.008%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.53	−0.059%	$3.0M	$5.3M	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	339.72	−0.003%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.75	+0.004%	$2.4M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.67	−0.018%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.74	+0.002%	$520	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.55	−0.053%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.81	+0.023%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	+0.002%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.67	−0.018%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.053%	$660K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.67	−0.018%	$946K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.67	−0.018%	$943K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.65	−0.024%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.49	−0.071%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.62	−0.033%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.68	−0.015%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.49	−0.071%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0083%	1h	339.67	−0.018%	$40.6M	$76.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.47	−0.077%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.51	−0.065%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.60	−0.039%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.65	−0.025%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.038%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.50	−0.068%	$191K	$44K	30x	as long as short