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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h +0.009%
Price spread now: SunX against Nado+0.050%48s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.224% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.050%, 7d avg +0.028%
Together, before fees+0.025%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.022% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP338.91−0.0069get 0.0009% / 1h35m 23s$555K$38K20x
ShortSunX AAPL-USDT339.080get 0.0000% / 8h6h 35m$953$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Nado. 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
$14.52
Price spread: +0.050% → +0.028%
$2.21
Slippage, 4 orders
−$107.43
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$105.7
Costs to cover
1.224%
Break-even
58.0 days
Slippage from Nado: live order book, 33 min ago; SunX: live order book, 3 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 Nado live order book, 33 min ago0.15 bp12.5 bp −$1269.3 bp −$693doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago44.68 bp49.2 bp −$49doesn't fitdoesn'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−0.0506%4h338.97+0.016%$81K$326K20xas long as short
Nado AAPL-PERPlong−0.0069%1h338.91long leg$555K$38K20x
Aster AAPLUSDT0.0000%8h338.99+0.023%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.07+0.047%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.11+0.059%$6.4M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.85−0.018%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.09+0.053%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.00+0.026%$17K$433K10xas long as short
SunX AAPL-USDTshort0.0000%8h339.08+0.050%$953$4.7M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.99+0.023%$28K$67K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.16+0.073%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.02+0.032%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0027%8h339.08+0.051%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.05+0.041%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.910.000%$743K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.95+0.011%$953K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h338.94+0.008%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.85−0.018%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.81−0.030%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.00+0.026%$75K$3K10xas long as short
BloFin AAPL-USDT+0.0050%8h338.910.000%$347K$169K20xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.83−0.024%$1.4M$2.5M20xas long as short
Binance AAPLUSDT+0.0060%8h339.06+0.042%$22.2M$66.8M25xas long as short
Extended AAPL_24_5-USD+0.0064%1h338.98+0.021%$284K$2.0M10xas long as short
tradeXYZ xyz:AAPL+0.0084%1h339.01+0.029%$40.8M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.80−0.033%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.910.000%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.96+0.014%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.95+0.013%$11K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h339.01+0.029%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.118%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.71−0.059%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.18+0.079%$5K$11K20xas long as short