Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.026%

Price spread now: Ondo Perps against Bitget−0.112%7-day average −0.088% · you buy dearer than you sell

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.112%, 7d avg −0.088%

Together, before fees+0.101%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.024% cheaper against Bitget than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.088%). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.11	0	get 0.0000% / 8h	1h 45m	$6.2M	$3.4M	100x
Short	Ondo Perps AAPL-USD.P	338.73	0.0050	get 0.0006% / 1h	45m 38s	$1.5M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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 BitgetbpFee Ondo PerpsbpOrdersPrice spread, now −0.112%Rate

Funding earned: $10.58
Price spread: −0.112% → −0.088%: −$2.4
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$8.81
Costs to cover: 0.170%
Break-even: 12.8 days

Slippage unknown: Bitget: live order book, 3 min ago; Ondo Perps: 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 Bitget live order book, 3 min ago	0.15 bp	9.7 bp −$10	13.4 bp −$134	46.1 bp −$4,614	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0903%	4h	339.25	+0.041%	$81K	$326K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.15	+0.013%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.08	−0.008%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.14	+0.009%	$22.3M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.18	+0.021%	$6.1M	$31.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.05	−0.018%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.87	−0.071%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.11	long leg	$6.2M	$3.4M	100x
Variational Omni AAPL	0.0000%	8h	339.29	+0.052%	$2.4M	$1.5M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.22	+0.034%	$14K	$498K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAPL-USDT	0.0000%	8h	339.10	−0.003%	$773	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.23	+0.035%	$53K	$223K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.19	+0.024%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0011%	8h	339.13	+0.006%	$352K	$168K	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.05	−0.018%	$968K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.82	−0.086%	—	$53K	25x	as long as short
Lighter AAPL	+0.0048%	1h	339.02	−0.025%	$768K	$2.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.92	−0.056%	$265K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.99	−0.035%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	338.73	−0.112%	$1.5M	$2.4M	20x
QFEX AAPL-USD	+0.0059%	1h	339.04	−0.021%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERP	+0.0088%	1h	339.00	−0.032%	$36K	—	20x	as long as short
Nado AAPL-PERP	+0.0094%	1h	338.85	−0.078%	$556K	$35K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.85	−0.077%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.87	−0.071%	$947K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.00	−0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.05	−0.018%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.93	−0.053%	$659K	$675K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0196%	1h	339.01	−0.029%	$40.9M	$77.0M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.66	+0.162%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.29	+0.053%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.01	−0.029%	$270K	$70K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0429%	1h	339.07	−0.012%	$28K	$65K	10x	as long as short