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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Nado against Extended−0.073%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.050%−$5 on $10k
Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.073%, 7d avg −0.002%
Together, before fees+0.013%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.071% cheaper against Extended than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.002%). If the spread goes back, that is −$7 on $10k: about 6.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAPL_24_5-USD339.080.0088pay 0.0011% / 1h39m 10s$285K$1.5M10x
ShortNado AAPL-PERP338.830.0123get 0.0015% / 1h39m 10s$556K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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
$7.34
Price spread: −0.073% → −0.002%
−$7.11
Slippage, 4 orders
−$19.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$31.47
Costs to cover
0.317%
Break-even
37.0 days
Slippage from Extended: live order book, 4 min ago; Nado: live order book, 39 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 Extended live order book, 4 min ago0.15 bp3.8 bp −$420.6 bp −$206doesn't fitdoesn't fit
Sell Nado live order book, 39 min ago0.15 bp10.7 bp −$1129.9 bp −$299doesn'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−0.0094%4h339.07−0.002%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.00−0.025%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.12+0.012%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.07−0.003%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.88−0.059%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.14+0.018%$549$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.26+0.053%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.16+0.023%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0012%8h339.12+0.012%$14K$498K10xas long as short
Lighter RH AAPL+0.0032%1h339.05−0.009%$964K$3.8M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT+0.0040%8h339.11+0.009%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.76−0.095%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.94−0.041%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.98−0.030%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.82−0.077%$1.4M$2.4M20xas long as short
Variational Omni AAPL+0.0057%8h339.14+0.019%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0064%1h339.03−0.015%$3.2M$5.1M10xas long as short
Binance AAPLUSDT+0.0086%8h339.14+0.018%$22.4M$67.1M25xas long as short
Extended AAPL_24_5-USDlong+0.0088%1h339.08long leg$285K$1.5M10x
Lighter AAPL+0.0088%1h339.02−0.018%$773K$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.85−0.068%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.75−0.098%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99−0.027%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.07−0.004%$11K10xas long as short
BloFin AAPL-USDT+0.0110%8h339.07−0.003%$350K$167K20xas long as short
Hotstuff AAPL-PERP+0.0120%1h338.98−0.030%$36K20xas long as short
Nado AAPL-PERPshort+0.0123%1h338.83−0.073%$556K$33K20x
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.015%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0204%1h338.98−0.030%$40.9M$76.2M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.55+0.138%$191K$44K30xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0281%1h338.98−0.030%$28K$66K10xas long as short
Phoenix AAPL+0.0330%1h339.15+0.020%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h339.00−0.024%$270K$70K20xas long as short