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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.03 per $10,000 · paid last 24h +0.036%
Price spread now: Ondo Perps against Hotstuff−0.068%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.068% cheaper against Hotstuff than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff AAPL-PERP338.650.0072pay 0.0009% / 1h2m 28s$36K20x
ShortOndo Perps AAPL-USD.P338.420.0050get 0.0006% / 1h2m 28s$1.4M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
−$4.54
Price spread: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0342%4h338.60−0.013%$81K$326K20xas long as short
Nado AAPL-PERP−0.0035%1h338.55−0.031%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.66+0.002%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.75+0.030%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.71+0.018%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.50−0.044%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.79+0.041%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.66+0.003%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.71+0.018%$749$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.48−0.050%$28K$67K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h338.76+0.032%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.73+0.024%$2.1M$7K10xas long as short
Lighter AAPL+0.0032%1h338.51−0.042%$744K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.57−0.024%$953K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.44−0.062%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.59−0.018%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.42−0.068%$261K$397K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.62−0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h338.42−0.068%$1.4M$2.4M20x
Variational Omni AAPL+0.0051%8h338.68+0.007%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0059%1h338.61−0.012%$3.2M$5.0M10xas long as short
BloFin AAPL-USDT+0.0065%8h338.81+0.047%$345K$169K20xas long as short
Extended AAPL_24_5-USD+0.0072%1h338.65−0.001%$284K$2.0M10xas long as short
Hotstuff AAPL-PERPlong+0.0072%1h338.65long leg$36K20x
Binance AAPLUSDT+0.0075%8h338.71+0.018%$22.2M$66.7M25xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.62−0.009%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.56−0.027%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.57−0.024%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.54−0.031%$10K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.51−0.041%$655K$668K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.50−0.044%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.72+0.021%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.62−0.009%$269K$70K20xas long as short