Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Aster against Polymarket Perps+0.064%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$530.530% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.064%, 7d avg +0.087%

Together, before fees−0.096%+ Points / potential airdropAster: Stage 5 · farm board−$10 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 Aster is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.087%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AAPL-USD	338.42	0.0050	pay 0.0006% / 1h	3m 21s	$261K	$397K	10x
Short	Aster AAPLUSDT	338.64	0	get 0.0000% / 8h	7h 03m	$122K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$10.5
Price spread: +0.064% → +0.087%: −$2.27
Slippage, 4 orders: −$36.98
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$65.75
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Aster: live order book, 4 min ago.

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 Polymarket Perps live order book, 4 min ago	1.63 bp	6.0 bp −$6	7.5 bp −$75	8.5 bp −$854	doesn't fit
Sell Aster live order book, 4 min ago	3.25 bp	15.5 bp −$15	65.6 bp −$656	doesn't fit	doesn't fit

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	−0.0342%	4h	338.60	+0.055%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0035%	1h	338.53	+0.033%	$554K	$38K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0016%	1h	338.42	0.000%	$28K	$67K	10x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	338.64	+0.064%	$122K	$291K	20x
Bybit AAPLUSDT	0.0000%	8h	338.73	+0.092%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.71	+0.086%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.48	+0.018%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.77	+0.103%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.66	+0.071%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.71	+0.086%	$749	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	338.86	+0.130%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.67	+0.074%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.53	+0.033%	$744K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.60	+0.053%	$953K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.44	+0.006%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.58	+0.047%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USDlong	+0.0050%	1h	338.42	long leg	$261K	$397K	10x
SoDEX AAPL-USD	+0.0050%	1h	338.61	+0.056%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.42	0.000%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0051%	8h	338.68	+0.075%	$2.4M	$1.4M	—	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	338.57	+0.044%	$36K	—	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.58	+0.047%	$3.2M	$5.0M	10x	as long as short
BloFin AAPL-USDT	+0.0068%	8h	338.81	+0.115%	$345K	$169K	20x	as long as short
Extended AAPL_24_5-USD	+0.0072%	1h	338.62	+0.059%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	+0.0075%	8h	338.70	+0.084%	$22.2M	$66.7M	25x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.62	+0.059%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.56	+0.041%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.57	+0.044%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.54	+0.037%	$10K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	+0.027%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.50	+0.024%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.72	+0.089%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.61	+0.056%	$269K	$70K	20x	as long as short