Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%

Price spread now: Ondo Perps against Bitget−0.044%7-day average −0.089% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 7 days−0.063%−$6 · spread now −0.044%, 7d avg −0.089%

Together, before fees+0.040%+ Points / potential airdropOndo Perps: Active · farm board+$4 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 Ondo Perps is 0.045% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.74	0	get 0.0000% / 8h	37m 37s	$6.2M	$3.6M	100x
Short	Ondo Perps AAPL-USD.P	339.59	0.0050	get 0.0006% / 1h	37m 37s	$1.3M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee Ondo PerpsbpOrdersPrice spread, now −0.044%Rate

Funding earned: $10.58
Price spread: −0.044% → −0.089%: $4.46
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.95
Costs to cover: 0.170%
Break-even: 8.3 days

Slippage unknown: Bitget: live order book, 6 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	0.15 bp	9.5 bp −$9	13.2 bp −$132	42.2 bp −$4,222	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0613%	4h	339.71	−0.009%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0156%	1h	339.78	+0.012%	$556K	$37K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0133%	1h	339.63	−0.032%	$28K	$69K	10x	as long as short
BloFin AAPL-USDT	−0.0023%	8h	339.74	0.000%	$342K	$167K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.66	−0.022%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.64	−0.030%	$289K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.73	−0.002%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.62	−0.035%	$6.1M	$137.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.69	−0.015%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.52	−0.065%	$3.0M	$5.4M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDTlong	0.0000%	8h	339.74	long leg	$6.2M	$3.6M	100x
Variational Omni AAPL	0.0000%	8h	339.77	+0.010%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	−0.005%	$13K	$410K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.74	0.000%	$608	$4.5M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.015%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.79	+0.015%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.67	−0.021%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.69	−0.016%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.67	−0.021%	$950K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	−0.041%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.66	−0.024%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.70	−0.012%	$40.6M	$76.1M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.64	−0.029%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.71	−0.009%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.Pshort	+0.0050%	1h	339.59	−0.044%	$1.3M	$2.4M	20x
Hotstuff AAPL-PERP	+0.0064%	1h	339.70	−0.012%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.056%	$660K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.48	−0.077%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.69	−0.015%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.62	−0.035%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.67	−0.022%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.63	−0.032%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.83	+0.026%	$5K	$12K	20x	as long as short