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+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against Aster+0.029%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 2 days (all we have)−0.007%−$1 · spread now +0.029%, 7d avg +0.008%
Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT339.100get 0.0000% / 8h5h 57m$122K$291K20x
ShortBinance AAPLUSDT339.200.0013get 0.0013% / 8h5h 57m$22.3M$67.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$2.63
Price spread: +0.029% → +0.008%
$2.08
Slippage, 4 orders
−$27.73
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.01
Costs to cover
0.457%
Break-even
116.0 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 15 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, 5 min ago2.21 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.15 bp5.1 bp −$56.2 bp −$6228.0 bp −$2,800doesn'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−0.0534%4h339.19+0.027%$81K$328K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0104%1h338.92−0.054%$28K$67K10xas long as short
Nado AAPL-PERP−0.0082%1h339.09−0.004%$555K$38K20xas long as short
Aster AAPLUSDTlong0.0000%8h339.10long leg$122K$291K20x
Bybit AAPLUSDT0.0000%8h339.20+0.029%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.13+0.008%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.95−0.045%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.25+0.044%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.24+0.039%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.08−0.005%$17K$433K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.18+0.023%$553$4.7M20xas long as short
HTX AAPL-USDT0.0000%8h339.31+0.061%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.30+0.058%$2.1M$6K10xas long as short
Binance AAPLUSDTshort+0.0013%8h339.20+0.029%$22.3M$67.0M25x
QFEX AAPL-USD+0.0013%1h339.13+0.008%$3.2M$4.9M10xas long as short
Extended AAPL_24_5-USD+0.0016%1h339.12+0.006%$288K$2.0M10xas long as short
Lighter AAPL+0.0032%1h339.04−0.018%$756K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.11+0.002%$950K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.07−0.010%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.00−0.030%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.00−0.030%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.98−0.036%$656K$671K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.10−0.001%$40.7M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.90−0.060%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.10−0.001%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.94−0.048%$1.4M$2.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.12+0.005%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.97−0.039%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.08−0.007%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.07−0.011%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.02−0.024%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.33+0.067%$5K$11K20xas long as short