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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0010%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Ondo Perps against tradeXYZ−0.062%7-day average +0.015% · you buy dearer than you sell
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+0.134%+$13 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.062%, 7d avg +0.015%
Together, before fees+0.202%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.077% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AAPL338.760.0060pay 0.0007% / 1h21m 23s$40.7M$75.8M20x
ShortOndo Perps AAPL-USD.P338.550.0050get 0.0006% / 1h21m 23s$1.3M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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
−$2.01
Price spread: −0.062% → +0.015%
−$7.73
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32.74
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 7 min ago0.29 bp9.9 bp −$10doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0690%4h338.76−0.001%$81K$326K20xas long as short
Nado AAPL-PERP−0.0051%1h338.70−0.017%$554K$38K20xas long as short
BloFin AAPL-USDT−0.0015%8h338.84+0.024%$343K$169K20xas long as short
Aster AAPLUSDT0.0000%8h338.81+0.016%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.78+0.007%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.87+0.032%$22.2M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h338.89+0.038%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.90+0.041%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.59−0.050%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.96+0.059%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.82+0.019%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.82+0.018%$17K$424K10xas long as short
SunX AAPL-USDT0.0000%8h338.86+0.030%$461$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.56−0.059%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.01+0.074%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.84+0.024%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0013%1h338.760.000%$3.2M$4.8M10xas long as short
Hotstuff AAPL-PERP+0.0016%1h338.75−0.003%$36K20xas long as short
Lighter AAPL+0.0032%1h338.69−0.019%$770K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.73−0.009%$947K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.73−0.009%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.63−0.038%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78+0.006%$659K$673K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.56−0.059%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.75−0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h338.55−0.062%$1.3M$2.5M20x
tradeXYZ xyz:AAPLlong+0.0060%1h338.76long leg$40.7M$75.8M20x
KuCoin AAPLUSDTM+0.0100%8h338.73−0.009%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.63−0.038%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.71−0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.73−0.010%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.58−0.053%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.89+0.038%$5K$11K20xas long as short