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−0.0557%/8h= −61.0% APRpaid last 24h −0.176%
Price spread now: edgeX against Ondo Perps+0.040%54s7-day average +0.077% · 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−0.497%−$50 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.040%, 7d avg +0.077%
Together, before fees−0.377%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and edgeX is 0.037% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.077%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AAPL-USD.P338.830.0050pay 0.0006% / 1h35m 53s$1.4M$2.5M20x
ShortedgeX AAPLUSDC338.97−0.0506pay 0.0253% / 4h2h 35m$81K$326K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$116.9
Price spread: +0.040% → +0.077%
−$3.65
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$134.55
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 32 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 edgeX live order book, 32 min ago5.32 bp10.5 bp −$1017.5 bp −$175doesn't fitdoesn'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 AAPLUSDCshort−0.0506%4h338.97+0.040%$81K$326K20x
Nado AAPL-PERP−0.0068%1h339.00+0.050%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.99+0.047%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.04+0.062%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.11+0.083%$6.4M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.86+0.009%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.10+0.080%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.00+0.050%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.08+0.074%$953$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.99+0.047%$28K$67K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.16+0.097%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.02+0.056%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0027%8h339.08+0.075%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.05+0.065%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.96+0.039%$744K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.02+0.056%$954K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h338.92+0.027%$269K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.86+0.009%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.82−0.003%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.00+0.050%$75K$3K10xas long as short
BloFin AAPL-USDT+0.0050%8h338.91+0.024%$347K$169K20xas long as short
Ondo Perps AAPL-USD.Plong+0.0050%1h338.83long leg$1.4M$2.5M20x
Binance AAPLUSDT+0.0061%8h339.06+0.067%$22.2M$66.8M25xas long as short
Extended AAPL_24_5-USD+0.0064%1h338.99+0.046%$284K$2.0M10xas long as short
tradeXYZ xyz:AAPL+0.0086%1h339.01+0.053%$40.8M$75.8M20xas long as short
Hotstuff AAPL-PERP+0.0096%1h338.98+0.044%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.80−0.009%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.91+0.024%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.96+0.038%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.99+0.047%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.094%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.71−0.035%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.18+0.103%$5K$11K20xas long as short