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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.031%
Price spread now: Arcus against Aster−0.029%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.085%+$9 on $10k
Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.029%, 7d avg −0.054%
Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.025% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT340.010get 0.0000% / 8h7h 32m$121K$294K20x
ShortArcus AAPL-USD339.910.0040get 0.0005% / 1h32m 15s$267K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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
$8.46
Price spread: −0.029% → −0.054%
$2.46
Slippage, 4 orders
−$35.92
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$37.5
Costs to cover
0.484%
Break-even
38.0 days
Slippage from Aster: live order book, 65 min ago; Arcus: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 65 min ago3.09 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Arcus live order book, 1 min ago2.80 bp6.1 bp −$67.9 bp −$7917.1 bp −$1,712doesn't fit

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−0.0816%4h340.08+0.020%$81K$327K20xas long as short
BloFin AAPL-USDT−0.0029%8h340.05+0.012%$345K$166K20xas long as short
Nado AAPL-PERP−0.0022%1h339.93−0.024%$556K$36K20xas long as short
Aster AAPLUSDTlong0.0000%8h340.01long leg$121K$294K20x
Extended AAPL_24_5-USD0.0000%1h339.93−0.024%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.02+0.002%$22.2M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h340.08+0.021%$6.4M$194.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.98−0.008%$6.3M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h339.85−0.047%$3.0M$5.8M100xas long as short
Bitget AAPLUSDT0.0000%8h340.06+0.015%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h340.15+0.043%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.17+0.047%$22K$363K10xas long as short
SunX AAPL-USDT0.0000%8h340.02+0.003%$826$4.3M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.92−0.026%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h340.18+0.050%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h340.08+0.021%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.88−0.038%$3.2M$4.2M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h340.14+0.039%$662K$660K10xas long as short
Lighter AAPL+0.0032%1h340.010.000%$932K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.99−0.005%$971K$3.2M20xas long as short
Arcus AAPL-USDshort+0.0040%1h339.91−0.029%$267K$60K20x
Vest AAPL-USD-PERP+0.0046%1h339.88−0.038%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.89−0.035%$40.4M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.84−0.050%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.91−0.029%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.86−0.044%$1.3M$2.3M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.95−0.017%$1.4M$80K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.98−0.008%$950K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.96−0.014%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.96−0.014%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0160%1h339.88−0.038%$36K20xas long as short
Phoenix AAPL+0.0212%1h340.16+0.045%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.80+0.233%$192K$44K30xas long as short