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+0.0050%/8h= +5.5% APRpaid last 24h +0.012%
Price spread now: tradeXYZ against Aster+0.007%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.007%, 7d avg −0.087%
Together, before fees−0.104%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$10 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 0.094% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT339.750get 0.0000% / 8h6m 58s$121K$294K20x
ShorttradeXYZ xyz:AAPL339.770.0050get 0.0006% / 1h6m 58s$40.6M$76.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: +0.007% → −0.087%
$9.42
Slippage, 4 orders
−$29.03
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$35.11
Costs to cover
0.550%
Break-even
30.4 days
Slippage from Aster: live order book, 30 min ago; tradeXYZ: live order book, 3 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, 30 min ago3.09 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago0.29 bp10.1 bp −$1012.0 bp −$120doesn'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−0.0191%4h339.74−0.002%$81K$326K20xas long as short
Nado AAPL-PERP−0.0144%1h339.75+0.001%$556K$37K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0074%1h339.63−0.034%$28K$69K10xas long as short
BloFin AAPL-USDT−0.0007%8h339.82+0.022%$344K$167K20xas long as short
Aster AAPLUSDTlong0.0000%8h339.75long leg$121K$294K20x
Extended AAPL_24_5-USD0.0000%1h339.75+0.001%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.83+0.025%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.79+0.013%$7.5M$162.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.77+0.007%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.65−0.028%$3.0M$5.6M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.84+0.028%$6.2M$3.6M100xas long as short
Variational Omni AAPL0.0000%8h339.77+0.009%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.82+0.022%$13K$357K10xas long as short
SunX AAPL-USDT0.0000%8h339.82+0.022%$506$4.5M20xas long as short
HTX AAPL-USDT0.0000%8h339.96+0.063%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.80+0.016%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0027%1h339.75+0.001%$3.2M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.77+0.008%$942K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.77+0.007%$949K$3.5M20xas long as short
Hotstuff AAPL-PERP+0.0032%1h339.77+0.007%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.70−0.013%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.68−0.019%$45K25xas long as short
tradeXYZ xyz:AAPLshort+0.0050%1h339.77+0.007%$40.6M$76.2M20x
Polymarket Perps AAPL-USD+0.0050%1h339.73−0.005%$279K$423K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.79+0.013%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.59−0.046%$1.3M$2.3M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.058%$660K$660K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.69−0.016%$1.4M$55K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.65−0.028%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.72−0.008%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.72−0.008%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.61−0.040%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.85+0.031%$5K$12K20xas long as short