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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.002%
Price spread now: Binance against Ondo Perps+0.064%7-day average +0.092% · you sell dearer than you buy
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 7 days−0.098%−$10 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.064%, 7d avg +0.092%
Together, before fees−0.141%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.028% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.092%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AAPL-USD.P339.080.0050pay 0.0006% / 1h15m 29s$1.3M$2.5M20x
ShortBinance AAPLUSDT339.300get 0.0000% / 8h3h 15m$21.9M$67.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
−$10.58
Price spread: +0.064% → +0.092%
−$2.8
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$28.38
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 12 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 Ondo Perps no order-book sample
Sell Binance live order book, 12 min ago0.15 bp5.6 bp −$68.8 bp −$8825.0 bp −$2,502doesn't fit
Ondo Perps: 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−0.0515%4h339.26+0.055%$81K$328K20xas long as short
Nado AAPL-PERP−0.0084%1h339.31+0.069%$555K$38K20xas long as short
BloFin AAPL-USDT−0.0017%8h339.38+0.088%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.28+0.058%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.19+0.034%$287K$1.5M10xas long as short
Binance AAPLUSDTshort0.0000%8h339.30+0.064%$21.9M$67.0M25x
Bybit AAPLUSDT0.0000%8h339.27+0.056%$5.8M$70.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.32+0.071%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h339.03−0.015%$3.0M$4.5M100xas long as short
Bitget AAPLUSDT0.0000%8h339.36+0.083%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.31+0.069%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.29+0.062%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.30+0.065%$709$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.24+0.047%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.44+0.106%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.35+0.080%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0030%1h339.23+0.044%$3.2M$4.5M10xas long as short
Lighter AAPL+0.0032%1h339.22+0.041%$781K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.22+0.041%$939K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.12+0.012%$266K$61K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.13+0.015%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.19+0.032%$40.5M$76.1M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.19+0.032%$278K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.22+0.041%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Plong+0.0050%1h339.08long leg$1.3M$2.5M20x
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.088%$661K$656K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.28+0.059%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.20+0.035%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.20+0.035%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h339.16+0.024%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.21+0.038%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.02−0.018%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.31+0.068%$5K$11K20xas long as short