Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Variational Omni against Bybit−0.001%7-day average +0.026% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 7 days+0.015%+$1 · spread now −0.001%, 7d avg +0.026%

Together, before fees+0.025%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.027% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAPLUSDT	339.76	0	get 0.0000% / 8h	1h 00m	$6.0M	$128.9M	100x
Short	Variational Omni AAPL	339.75	0	get 0.0000% / 8h	1h 00m	$2.4M	$1.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → +0.026%: −$2.71
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$13.71
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Bybit live order book, 4 min ago	0.15 bp	5.6 bp −$6	6.9 bp −$69	23.5 bp −$2,354	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.05 bp	doesn't fit	6.3 bp −$63	doesn't fit	doesn't fit

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	−0.0636%	4h	339.69	−0.019%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0049%	1h	339.55	−0.061%	$555K	$37K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	339.67	−0.026%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.61	−0.045%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.63	−0.039%	$286K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.73	−0.009%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDTlong	0.0000%	8h	339.76	long leg	$6.0M	$128.9M	100x
OKX AAPL-USDT-SWAP	0.0000%	8h	339.70	−0.018%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.51	−0.074%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.72	−0.012%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPLshort	0.0000%	8h	339.75	−0.001%	$2.4M	$1.2M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	339.71	−0.014%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.74	−0.006%	$537	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.53	−0.068%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.009%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	−0.006%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0023%	8h	339.76	0.000%	$342K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.66	−0.029%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.062%	$660K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.63	−0.037%	$945K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.63	−0.038%	$949K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.63	−0.038%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.47	−0.085%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.62	−0.041%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.67	−0.026%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.49	−0.079%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0084%	1h	339.65	−0.032%	$40.6M	$76.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.50	−0.077%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.51	−0.074%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.59	−0.050%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.63	−0.038%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.029%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.48	−0.082%	$191K	$44K	30x	as long as short