Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against SunX−0.074%7-day average −0.087% · you buy dearer than you sell

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

Long on SunX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.074%, 7d avg −0.087%

Together, before fees+0.134%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAPL-USDT	339.83	0	get 0.0000% / 8h	2h 10m	$585	$4.6M	20x
Short	Ondo Perps AAPL-USD.P	339.58	0.0050	get 0.0006% / 1h	10m 53s	$1.3M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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 SunXbpFee Ondo PerpsbpOrdersPrice spread, now −0.074%Rate

Funding earned: $10.58
Price spread: −0.074% → −0.087%: $1.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.05
Costs to cover: 0.130%
Break-even: 7.7 days

Slippage unknown: SunX: live order book, 8 min ago; Ondo Perps: 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 SunX live order book, 8 min ago	44.88 bp	49.3 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0614%	4h	339.66	−0.049%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0120%	1h	339.66	−0.051%	$556K	$38K	20x	as long as short
Hotstuff AAPL-PERP	−0.0112%	1h	339.64	−0.056%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.70	−0.039%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.74	−0.026%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.84	+0.003%	$22.1M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.80	−0.009%	$7.0M	$94.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.84	+0.003%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.62	−0.062%	$3.0M	$4.8M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.89	+0.018%	$6.2M	$3.5M	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	339.75	−0.022%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.81	−0.006%	$16K	$411K	10x	as long as short
SunX AAPL-USDTlong	0.0000%	8h	339.83	long leg	$585	$4.6M	20x
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.66	−0.050%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.94	+0.032%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.82	−0.003%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0012%	8h	339.79	−0.012%	$340K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.74	−0.026%	$3.3M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.64	−0.056%	$911K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.64	−0.056%	$945K	$3.7M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	−0.068%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.60	−0.068%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.55	−0.082%	$660K	$662K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.74	−0.026%	$40.6M	$76.6M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.66	−0.050%	$282K	$415K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.70	−0.038%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	339.58	−0.074%	$1.3M	$2.4M	20x
KuCoin AAPLUSDTM	+0.0096%	8h	339.53	−0.088%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.60	−0.068%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.70	−0.038%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.65	−0.052%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.009%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.56	−0.079%	$191K	$44K	30x	as long as short