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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against Variational Omni−0.046%7-day average −0.079% · 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 3 days (all we have)−0.062%−$6 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.046%, 7d avg −0.079%
Together, before fees−0.051%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.033% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 3 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AAPL339.210get 0.0000% / 8h5h 51m$2.4M$1.4M
ShortKuCoin AAPLUSDTM339.060.0100get 0.0100% / 8h5h 51m$1.4M$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$21
Price spread: −0.046% → −0.079%
$3.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$12.29
Costs to cover
0.120%
Break-even
2.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 3 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 Variational Omni RFQ quote, 2 min ago2.04 bpdoesn't fit8.6 bp −$86doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago23.48 bp82.3 bp −$82doesn't fitdoesn't fitdoesn't fit

AAPL on 32 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−0.0436%4h339.16−0.017%$81K$326K20xas long as short
Nado AAPL-PERP−0.0079%1h339.01−0.061%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.05−0.050%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.13−0.025%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.12−0.028%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.88−0.099%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.16−0.016%$6.2M$3.5M100xas long as short
Variational Omni AAPLlong0.0000%8h339.21long leg$2.4M$1.4M
GRVT AAPL_USDT_Perp0.0000%8h339.21−0.003%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.13−0.025%$627$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.91−0.090%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.27+0.016%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17−0.013%$2.1M$6K10xas long as short
Binance AAPLUSDT+0.0006%8h339.14−0.022%$22.3M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0008%1h339.05−0.050%$288K$2.0M10xas long as short
QFEX AAPL-USD+0.0013%1h339.05−0.049%$3.3M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.97−0.073%$755K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.02−0.057%$949K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.03−0.055%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.95−0.078%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.98−0.069%$656K$664K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.05−0.049%$40.7M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.85−0.108%$262K$371K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.02−0.057%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.87−0.102%$1.3M$2.5M20xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.06−0.046%$1.4M$27K20x
ApeX Omni AAPLUSDT+0.0100%1h339.08−0.040%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.01−0.060%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h339.04−0.052%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.01−0.061%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.95−0.078%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.13−0.025%$5K$11K20xas long as short