Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h −0.029%

Price spread now: Hotstuff against Binance−0.015%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

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 46m	$22.1M	$67.7M	25x
Short	Hotstuff AAPL-PERP	339.68	0.0072	get 0.0009% / 1h	46m 54s	$36K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.015%Rate

Funding earned: $15.12
Price spread: −0.015% → 0.000%: −$1.47
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$1.35
Costs to cover: 0.150%
Break-even: 7.6 days

Slippage unknown: Binance: live order book, 10 min ago; Hotstuff: no order-book sample. 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 Binance live order book, 10 min ago	0.15 bp	5.4 bp −$5	7.2 bp −$72	29.0 bp −$2,902	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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	−0.0869%	4h	339.71	−0.007%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0044%	1h	339.64	−0.027%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0002%	8h	339.79	+0.018%	$341K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.64	−0.027%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.64	−0.028%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDTlong	0.0000%	8h	339.73	long leg	$22.1M	$67.7M	25x
Bybit AAPLUSDT	0.0000%	8h	339.73	0.000%	$7.0M	$106.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.74	+0.003%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.51	−0.065%	$3.0M	$5.0M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.80	+0.021%	$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 AAPL	0.0000%	8h	339.73	−0.001%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.70	−0.009%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.78	+0.015%	$673	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.62	−0.032%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.91	+0.053%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.76	+0.009%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.69	−0.012%	$3.2M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.053%	$660K	$656K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.70	−0.009%	$908K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.68	−0.015%	$951K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.64	−0.026%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.54	−0.056%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.66	−0.021%	$280K	$416K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.67	−0.018%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.44	−0.085%	$1.3M	$2.4M	20x	as long as short
Hotstuff AAPL-PERPshort	+0.0072%	1h	339.68	−0.015%	$36K	—	20x
tradeXYZ xyz:AAPL	+0.0081%	1h	339.67	−0.018%	$40.6M	$76.6M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.54	−0.056%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.64	−0.026%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.63	−0.029%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.68	−0.016%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.87	+0.041%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.46	−0.079%	$191K	$44K	30x	as long as short