Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%

Price spread now: Deribit against Orderly0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AAPL_USDC_mythos	339.67	0.0100	pay 0.0100% / 8h	10m 59s	$4K	—	10x
Short	Deribit AAPL_USDC-PERPETUAL	339.67	0	get 0.0000% / 1h	10m 59s	$28K	$69K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee DeribitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$21
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Orderly and Deribit: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0968%	4h	339.81	+0.040%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0146%	1h	339.70	+0.008%	$556K	$37K	20x	as long as short
BloFin AAPL-USDT	−0.0002%	8h	339.82	+0.044%	$344K	$167K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.73	+0.018%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.69	+0.006%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.78	+0.033%	$22.1M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.79	+0.035%	$7.5M	$160.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.77	+0.029%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.62	−0.015%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.80	+0.038%	$6.2M	$3.6M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.77	+0.031%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.82	+0.045%	$13K	$357K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.77	+0.029%	$605	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUALshort	0.0000%	1h	339.67	0.000%	$28K	$69K	10x
HTX AAPL-USDT	0.0000%	8h	339.88	+0.062%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.78	+0.032%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.75	+0.024%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.71	+0.012%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.70	+0.009%	$949K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.70	+0.009%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.64	−0.009%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.72	+0.015%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.72	+0.015%	$279K	$423K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.71	+0.012%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.60	−0.021%	$1.3M	$2.3M	20x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	339.70	+0.009%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.035%	$660K	$660K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.62	−0.015%	$1.4M	$55K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.73	+0.018%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythoslong	+0.0100%	8h	339.67	long leg	$4K	—	10x
Aevo AAPL-PERP	+0.0104%	1h	339.68	+0.004%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.61	−0.018%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.84	+0.050%	$5K	$12K	20x	as long as short