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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0169%/8h= −18.5% APRnext payment $0.21 per $10,000 · paid last 24h −0.060%
Price spread now: tradeXYZ against Injective+0.024%7-day average −0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.471%−$47 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.024%, 7d avg −0.157%
Together, before fees−0.474%+ Points / potential airdroptradeXYZ: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.181% dearer against Injective than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.157%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP338.690.0220pay 0.0028% / 1h34m 45s$191K$44K30x
ShorttradeXYZ xyz:AAPL338.770.0051get 0.0006% / 1h34m 45s$40.5M$75.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$35.39
Price spread: +0.024% → −0.157%
$18.06
Slippage, 4 orders
−$20.79
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$56.14
Costs to cover
0.388%
Break-even
never at this rate
Slippage from Injective: live order book, 24 min ago; tradeXYZ: live order book, 5 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, 24 min ago8.56 bp8.6 bp −$98.6 bp −$8657597.5 bp −$5.76M327987.0 bp −$163.99M
Sell tradeXYZ live order book, 5 min ago0.15 bp9.8 bp −$1011.9 bp −$119doesn't fitdoesn't fit

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−0.0758%4h338.88+0.055%$81K$327K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0045%1h338.60−0.027%$28K$67K10xas long as short
Nado AAPL-PERP−0.0023%1h338.75+0.019%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.80+0.034%$122K$290K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.83+0.041%$286K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.91+0.065%$22.2M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.83+0.041%$5.9M$39.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.90+0.062%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.67−0.006%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.95+0.077%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.94+0.072%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.89+0.059%$17K$425K10xas long as short
SunX AAPL-USDT0.0000%8h338.92+0.068%$600$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.01+0.094%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.94+0.074%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0010%8h338.93+0.071%$341K$168K20xas long as short
QFEX AAPL-USD+0.0031%1h338.85+0.047%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.78+0.028%$780K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.82+0.038%$947K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.81+0.035%$266K$67K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.690.000%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.76+0.021%$278K$420K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.79+0.030%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.72+0.009%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPLshort+0.0051%1h338.77+0.024%$40.5M$75.9M20x
Coinbase International AAPL-PERP-INTX+0.0080%1h338.78+0.027%$659K$664K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.79+0.030%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.70+0.003%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.80+0.032%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.80+0.034%$11K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.78+0.027%$36K20xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h338.69long leg$191K$44K30x
Phoenix AAPL+0.0283%1h338.89+0.059%$5K$11K20xas long as short