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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0123%/8h= +13.4% APRnext payment +$1.23 per $10,000 · paid last 24h +0.016%
Price spread now: Orderly against BloFin−0.035%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 0.035% cheaper against BloFin than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAPL-USDT340.00−0.0023get 0.0023% / 8h7h 16m$347K$166K20x
ShortOrderly PERP_AAPL_USDC_mythos339.880.0100get 0.0100% / 8h7h 16m$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
$25.74
Price spread: −0.035% → 0.000%
−$3.53
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.21
Costs to cover
0.180%
Break-even
5.9 days
Slippage unknown: BloFin: live order book, 58 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 BloFin live order book, 58 min ago0.15 bp6.1 bp −$68.0 bp −$8011.3 bp −$1,132doesn'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 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−0.0354%4h339.82−0.053%$81K$327K20xas long as short
Hotstuff AAPL-PERP−0.0064%1h339.85−0.044%$36K20xas long as short
Nado AAPL-PERP−0.0026%1h339.78−0.066%$556K$35K20xas long as short
BloFin AAPL-USDTlong−0.0023%8h340.00long leg$347K$166K20x
Aster AAPLUSDT0.0000%8h339.88−0.036%$121K$294K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.92−0.022%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.02+0.005%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h340.07+0.021%$6.4M$204.5M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.98−0.006%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.79−0.062%$3.0M$5.9M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h340.02+0.006%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.76−0.069%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.86−0.040%$22K$345K10xas long as short
SunX AAPL-USDT0.0000%8h340.01+0.003%$660$4.3M20xas long as short
HTX AAPL-USDT0.0000%8h340.09+0.026%$62K$243K30xas long as short
Phemex AAPLUSDT0.0000%4h339.90−0.029%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.91−0.026%$3.3M$4.2M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.56−0.129%$660K$653K10xas long as short
Lighter AAPL+0.0032%1h339.92−0.024%$928K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.90−0.029%$985K$3.3M20xas long as short
Arcus AAPL-USD+0.0040%1h339.89−0.032%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.76−0.071%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.89−0.032%$40.4M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.81−0.056%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.89−0.032%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.67−0.097%$1.3M$2.3M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.69−0.091%$1.4M$93K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.73−0.079%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythosshort+0.0100%8h339.88−0.035%$4K10x
Aevo AAPL-PERP+0.0104%1h339.87−0.038%$11K$10210xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0192%1h339.90−0.029%$28K$70K10xas long as short
Phoenix AAPL+0.0212%1h339.90−0.029%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.37+0.109%$192K$44K30xas long as short