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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Aster against Injective+0.037%87s7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.451%−$45 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now +0.037%, 7d avg −0.064%
Together, before fees−0.409%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.101% dearer against Injective than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.064%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP338.950.0220pay 0.0028% / 1h53m 46s$191K$44K30x
ShortAster AAPLUSDT339.070get 0.0000% / 8h5h 53m$122K$291K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
−$46.2
Price spread: +0.037% → −0.064%
$10.07
Slippage, 4 orders
−$47.08
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
−$91.22
Costs to cover
0.551%
Break-even
never at this rate
Slippage from Injective: live order book, 10 min ago; Aster: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 10 min ago8.99 bp9.0 bp −$99.0 bp −$9057594.0 bp −$5.76M327969.5 bp −$163.98M
Sell Aster live order book, 8 min ago2.21 bp12.9 bp −$1356.8 bp −$568doesn't fitdoesn't fit

AAPL on 32 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−0.0397%4h339.14+0.056%$81K$326K20xas long as short
Nado AAPL-PERP−0.0081%1h339.01+0.018%$555K$38K20xas long as short
Aster AAPLUSDTshort0.0000%8h339.07+0.037%$122K$291K20x
Bybit AAPLUSDT0.0000%8h339.14+0.056%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.19+0.071%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.90−0.015%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.14+0.056%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.21+0.078%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.21+0.076%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.13+0.053%$577$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.90−0.015%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.26+0.091%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17+0.065%$2.1M$6K10xas long as short
Extended AAPL_24_5-USD+0.0008%1h339.06+0.032%$288K$2.0M10xas long as short
Binance AAPLUSDT+0.0009%8h339.14+0.055%$22.3M$67.0M25xas long as short
QFEX AAPL-USD+0.0013%1h339.05+0.030%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.98+0.008%$755K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.04+0.027%$949K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.05+0.030%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.96+0.003%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.98+0.009%$656K$671K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.04+0.027%$40.7M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.86−0.027%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.05+0.030%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.87−0.024%$1.3M$2.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.10+0.044%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.08+0.038%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.02+0.021%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h339.04+0.027%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.01+0.019%$11K10xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h338.95long leg$191K$44K30x
Phoenix AAPL+0.0236%1h339.29+0.100%$5K$11K20xas long as short