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+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Binance−0.029%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAPLUSDT339.210.0043pay 0.0043% / 8h6h 19m$22.3M$66.9M25x
ShortOrderly PERP_AAPL_USDC_mythos339.110.0100get 0.0100% / 8h6h 19m$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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
$11.93
Price spread: −0.029% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$7.02
Costs to cover
0.160%
Break-even
11.1 days
Slippage unknown: Binance: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.15 bp5.2 bp −$57.8 bp −$7830.6 bp −$3,061doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0672%4h339.13−0.024%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0251%1h338.93−0.083%$28K$67K10xas long as short
Nado AAPL-PERP−0.0076%1h339.18−0.009%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.16−0.015%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.26+0.015%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.24+0.009%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.99−0.065%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.18−0.009%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.06−0.043%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.16−0.015%$573$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.25+0.012%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.210.000%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0012%8h339.19−0.007%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.07−0.041%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.07−0.042%$743K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.11−0.029%$950K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.02−0.056%$270K$70K20xas long as short
Binance AAPLUSDTlong+0.0043%8h339.21long leg$22.3M$66.9M25x
Vest AAPL-USD-PERP+0.0046%1h339.08−0.038%$45K25xas long as short
Extended AAPL_24_5-USD+0.0048%1h339.09−0.035%$288K$2.0M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.90−0.091%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.14−0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.92−0.085%$1.4M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0059%1h339.17−0.012%$40.8M$75.7M20xas long as short
Hotstuff AAPL-PERP+0.0064%1h339.12−0.027%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.99−0.065%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.08−0.038%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythosshort+0.0100%8h339.11−0.029%$4K10x
Aevo AAPL-PERP+0.0104%1h339.11−0.029%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.206%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.92−0.085%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.210.000%$5K$11K20xas long as short