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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Injective against Aster+0.157%58s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.451%+$45 on $10k
Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.157%, 7d avg +0.066%
Together, before fees+0.173%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.091% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.066%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT338.830get 0.0000% / 8h4h 20m$122K$290K20x
ShortInjective AAPL/USDC PERP339.360.0220get 0.0028% / 1h20m 27s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +0.157% → +0.066%
$9.15
Slippage, 4 orders
−$49.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$2
Costs to cover
0.574%
Break-even
7.3 days
Slippage from Aster: live order book, 36 min ago; Injective: live order book, 38 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, 36 min ago3.69 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Injective live order book, 38 min ago8.56 bp11.3 bp −$1111.5 bp −$115doesn't fitdoesn'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−0.0051%4h338.93+0.032%$81K$327K20xas long as short
Nado AAPL-PERP−0.0019%1h338.81−0.005%$554K$38K20xas long as short
Aster AAPLUSDTlong0.0000%8h338.83long leg$122K$290K20x
Extended AAPL_24_5-USD0.0000%1h338.83+0.001%$284K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.93+0.030%$22.1M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h338.89+0.019%$5.9M$41.7M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.91+0.024%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.69−0.040%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.97+0.042%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.99+0.047%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h338.95+0.036%$17K$425K10xas long as short
SunX AAPL-USDT0.0000%8h338.99+0.048%$342$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.10+0.081%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.98+0.045%$2.1M$7K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0016%1h338.84+0.004%$28K$67K10xas long as short
BloFin AAPL-USDT+0.0028%8h339.00+0.051%$341K$168K20xas long as short
QFEX AAPL-USD+0.0031%1h338.92+0.027%$3.2M$4.7M10xas long as short
Lighter AAPL+0.0032%1h338.79−0.012%$782K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.81−0.005%$946K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.86+0.010%$266K$67K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.73−0.029%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.79−0.011%$40.5M$75.9M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.79−0.011%$278K$422K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.85+0.007%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.73−0.029%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h338.78−0.014%$659K$661K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.85+0.007%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.77−0.017%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.80−0.008%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h338.86+0.010%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h338.80−0.007%$11K10xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.36+0.157%$191K$44K30x
Phoenix AAPL+0.0283%1h339.03+0.060%$5K$11K20xas long as short