Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0075%/8h= +8.3% APRpaid last 24h −0.010%

Price spread now: Ondo Perps against BloFin−0.071%7-day average −0.096% · you buy dearer than you sell

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

Long on BloFin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.071%, 7d avg −0.096%

Together, before fees−0.010%+ Points / potential airdropOndo Perps: Active · farm board−$1 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 Ondo Perps is 0.025% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAPL-USDT	338.96	−0.0025	get 0.0025% / 8h	3h 42m	$340K	$168K	20x
Short	Ondo Perps AAPL-USD.P	338.72	0.0050	get 0.0006% / 1h	42m 07s	$1.3M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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 BloFinbpFee Ondo PerpsbpOrdersPrice spread, now −0.071%Rate

Funding earned: $15.84
Price spread: −0.071% → −0.096%: $2.5
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $1.34
Costs to cover: 0.170%
Break-even: 6.4 days

Slippage unknown: BloFin: live order book, 53 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 BloFin live order book, 53 min ago	0.15 bp	6.5 bp −$6	8.3 bp −$83	20.7 bp −$2,071	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	−0.0172%	4h	338.95	−0.002%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0106%	1h	338.85	−0.033%	$554K	$38K	20x	as long as short
BloFin AAPL-USDTlong	−0.0025%	8h	338.96	long leg	$340K	$168K	20x
Aster AAPLUSDT	0.0000%	8h	338.83	−0.037%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.81	−0.044%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.91	−0.014%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.88	−0.024%	$5.9M	$63.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.96	0.000%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.66	−0.089%	$3.0M	$4.4M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.96	0.000%	$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	339.01	+0.016%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.93	−0.010%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.91	−0.015%	$712	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.70	−0.077%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.06	+0.030%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.94	−0.006%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0030%	1h	338.87	−0.027%	$3.2M	$4.5M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.79	−0.050%	$783K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.80	−0.047%	$946K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.80	−0.047%	$266K	$65K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.72	−0.071%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	338.77	−0.056%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.78	−0.053%	$40.5M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.80	−0.047%	$278K	$405K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.78	−0.053%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	338.72	−0.071%	$1.3M	$2.5M	20x
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.053%	$661K	$657K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.52	−0.130%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.79	−0.050%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.80	−0.047%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.80	−0.048%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.77	−0.056%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	338.97	+0.003%	$5K	$11K	20x	as long as short