Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0130%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.022%
Price spread now: Deribit against Hotstuff−0.027%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Deribit is 0.027% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff AAPL-PERP339.48−0.0056get 0.0007% / 1h22m 36s$36K20x
ShortDeribit AAPL_USDC-PERPETUAL339.390.0074get 0.0009% / 1h22m 36s$28K$69K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Hotstuff. 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

Funding earned
$27.35
Price spread: −0.027% → 0.000%
−$2.65
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$12.7
Costs to cover
0.120%
Break-even
3.8 days
Slippage unknown: Hotstuff: no order-book sample; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Deribit no order-book sample
Hotstuff and Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0797%4h339.60+0.037%$81K$326K20xas long as short
Hotstuff AAPL-PERPlong−0.0056%1h339.48long leg$36K20x
Nado AAPL-PERP−0.0056%1h339.33−0.043%$555K$38K20xas long as short
BloFin AAPL-USDT−0.0011%8h339.53+0.015%$342K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.59+0.032%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.480.000%$285K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.56+0.024%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.59+0.032%$5.9M$118.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.53+0.015%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.37−0.032%$3.0M$5.1M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.70+0.065%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.65+0.052%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.72+0.072%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.52+0.012%$720$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.62+0.041%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.65+0.050%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.51+0.009%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55+0.021%$660K$668K10xas long as short
Lighter AAPL+0.0032%1h339.42−0.019%$910K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.42−0.018%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.480.000%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.33−0.044%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.53+0.015%$40.6M$76.4M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.46−0.006%$279K$422K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.46−0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.31−0.050%$1.3M$2.4M20xas long as short
Deribit AAPL_USDC-PERPETUALshort+0.0074%1h339.39−0.027%$28K$69K10x
KuCoin AAPLUSDTM+0.0100%8h339.32−0.047%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.49+0.003%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.42−0.018%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.43−0.014%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.72+0.071%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.41−0.021%$191K$44K30xas long as short