Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.005%

Price spread now: tradeXYZ against Variational Omni−0.037%7-day average −0.108% · you buy dearer than you sell

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 7 days−0.033%−$3 · spread now −0.037%, 7d avg −0.108%

Together, before fees−0.011%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.071% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAPL	338.88	0	get 0.0000% / 8h	4h 08m	$2.4M	$1.4M	—
Short	tradeXYZ xyz:AAPL	338.75	0.0050	get 0.0006% / 1h	8m 08s	$40.5M	$75.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee Variational OmnibpFee tradeXYZbpOrdersPrice spread, now −0.037%Rate

Funding earned: $10.5
Price spread: −0.037% → −0.108%: $7.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$0.43
Costs to cover: 0.180%
Break-even: 7.3 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; tradeXYZ: live order book, 10 min ago. 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 Variational Omni RFQ quote, 1 min ago	2.04 bp	doesn't fit	6.3 bp −$63	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.44 bp	9.8 bp −$10	11.4 bp −$114	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	−0.0256%	4h	338.81	−0.018%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0026%	1h	338.70	−0.050%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0020%	8h	338.87	−0.001%	$342K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.74	−0.038%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.75	−0.036%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.86	−0.004%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.80	−0.022%	$7.2M	$47.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.87	−0.001%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.68	−0.058%	$3.0M	$4.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.93	+0.016%	$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 AAPLlong	0.0000%	8h	338.88	long leg	$2.4M	$1.4M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	338.92	+0.013%	$17K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.86	−0.004%	$630	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.65	−0.066%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.99	+0.034%	$53K	$226K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.022%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.82	−0.016%	$3.2M	$4.6M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.70	−0.051%	$782K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.73	−0.043%	$946K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.77	−0.031%	$266K	$66K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.64	−0.069%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPLshort	+0.0050%	1h	338.75	−0.037%	$40.5M	$75.9M	20x
Polymarket Perps AAPL-USD	+0.0050%	1h	338.73	−0.043%	$278K	$426K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.74	−0.040%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.63	−0.072%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0080%	1h	338.74	−0.040%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.028%	$659K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.75	−0.037%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.67	−0.060%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.72	−0.046%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.71	−0.050%	$10K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.66	−0.063%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.85	−0.007%	$5K	$11K	20x	as long as short