Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0797%/8h= +87.3% APRpaid last 24h +0.218%

Price spread now: Variational Omni against edgeX+0.015%104s7-day average +0.019% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.601%+$60 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.015%, 7d avg +0.019%

Together, before fees+0.616%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$62 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.60	−0.0797	get 0.0398% / 4h	1h 21m	$81K	$326K	20x
Short	Variational Omni AAPL	339.65	0	get 0.0000% / 8h	1h 21m	$2.4M	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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 edgeXbpFee Variational OmnibpOrdersPrice spread, now +0.015%Rate

Funding earned: $167.35
Price spread: +0.015% → +0.019%: −$0.47
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $157.88
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: edgeX: live order book, 21 min ago; Variational Omni: RFQ quote, 2 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 edgeX live order book, 21 min ago	4.86 bp	9.9 bp −$10	17.6 bp −$176	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.05 bp	doesn't fit	5.3 bp −$53	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 AAPLUSDClong	−0.0797%	4h	339.60	long leg	$81K	$326K	20x
Hotstuff AAPL-PERP	−0.0056%	1h	339.48	−0.037%	$36K	—	20x	as long as short
Nado AAPL-PERP	−0.0054%	1h	339.32	−0.085%	$555K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0011%	8h	339.53	−0.022%	$342K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.44	−0.048%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.42	−0.055%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.41	−0.057%	$22.1M	$67.7M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.51	−0.028%	$5.9M	$118.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.51	−0.028%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.32	−0.084%	$3.0M	$5.1M	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	339.70	+0.028%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPLshort	0.0000%	8h	339.65	+0.015%	$2.4M	$1.4M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	+0.035%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.48	−0.037%	$645	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.31	−0.087%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.57	−0.010%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.65	+0.013%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.51	−0.028%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.016%	$660K	$668K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.39	−0.062%	$934K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.40	−0.060%	$944K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.48	−0.037%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.35	−0.075%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.44	−0.048%	$279K	$422K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.47	−0.040%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.31	−0.087%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0052%	1h	339.48	−0.037%	$40.6M	$76.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.32	−0.084%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.49	−0.034%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.43	−0.051%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.45	−0.047%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.72	+0.034%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.41	−0.057%	$191K	$44K	30x	as long as short