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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.44 per $10,000 · paid last 24h +0.082%
Price spread now: Injective against Hotstuff−0.035%45s7-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. Injective is 0.035% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$10 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff AAPL-PERP339.71−0.0128get 0.0016% / 1h2m 37s$36K20x
ShortInjective AAPL/USDC PERP339.590.0220get 0.0028% / 1h2m 37s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$73.08
Price spread: −0.035% → 0.000%
−$3.53
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$64.53
Costs to cover
0.050%
Break-even
0.8 days
Slippage unknown: Hotstuff: no order-book sample; Injective: live order book, 46 min ago. 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 Injective live order book, 46 min ago9.88 bp9.9 bp −$109.9 bp −$99doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0255%4h339.79+0.023%$81K$327K20xas long as short
Hotstuff AAPL-PERPlong−0.0128%1h339.71long leg$36K20x
Nado AAPL-PERP−0.0112%1h339.70−0.003%$556K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.69−0.005%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.67−0.012%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.78+0.021%$22.1M$67.8M25xas long as short
Bybit AAPLUSDT0.0000%8h339.79+0.024%$7.0M$97.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.79+0.024%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.53−0.053%$3.0M$4.9M100xas long as short
Bitget AAPLUSDT0.0000%8h339.85+0.041%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.86+0.043%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.79+0.025%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.79+0.024%$673$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.68−0.009%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.90+0.056%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.86+0.044%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0013%8h339.83+0.035%$339K$168K20xas long as short
QFEX AAPL-USD+0.0020%1h339.67−0.012%$3.3M$4.4M10xas long as short
Lighter AAPL+0.0032%1h339.70−0.004%$910K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.72+0.003%$945K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.65−0.018%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.55−0.047%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.55−0.047%$660K$661K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.69−0.006%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.68−0.009%$282K$415K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.70−0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.52−0.056%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.59−0.035%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.62−0.026%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.69−0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.71+0.001%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.87+0.047%$5K$11K20xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.59−0.035%$191K$44K30x