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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.035%
Price spread now: Arcus against Injective+0.024%7-day average −0.115% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.147%−$15 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.024%, 7d avg −0.115%
Together, before fees−0.091%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.138% dearer against Injective than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.115%): +$14 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP339.510.0220pay 0.0028% / 1h44m 48s$191K$44K30x
ShortArcus AAPL-USD339.590.0040get 0.0005% / 1h44m 48s$267K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Injective. 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
−$37.74
Price spread: +0.024% → −0.115%
$13.81
Slippage, 4 orders
−$34.11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$62.57
Costs to cover
0.386%
Break-even
never at this rate
Slippage from Injective: live order book, 64 min ago; Arcus: live order book, 63 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 Injective live order book, 64 min ago9.88 bp9.9 bp −$109.9 bp −$9957599.3 bp −$5.76M327995.9 bp −$164.00M
Sell Arcus live order book, 63 min ago3.98 bp10.3 bp −$1012.5 bp −$125doesn'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−0.0783%4h339.73+0.064%$81K$328K20xas long as short
Nado AAPL-PERP−0.0043%1h339.52+0.002%$555K$38K20xas long as short
BloFin AAPL-USDT−0.0018%8h339.67+0.047%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.59+0.024%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.58+0.020%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.66+0.044%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.68+0.050%$5.9M$107.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.75+0.071%$6.3M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h339.44−0.021%$3.0M$5.0M100xas long as short
Bitget AAPLUSDT0.0000%8h339.74+0.068%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.73+0.063%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.73+0.065%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.65+0.041%$761$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.54+0.009%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.71+0.059%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.76+0.074%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.65+0.041%$3.2M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55+0.012%$660K$656K10xas long as short
Lighter AAPL+0.0032%1h339.63+0.035%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.63+0.035%$951K$3.6M20xas long as short
Arcus AAPL-USDshort+0.0040%1h339.59+0.024%$267K$60K20x
Vest AAPL-USD-PERP+0.0046%1h339.47−0.012%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.56+0.015%$280K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.58+0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.41−0.029%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0071%1h339.61+0.029%$40.6M$76.6M20xas long as short
Hotstuff AAPL-PERP+0.0088%1h339.60+0.027%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.41−0.029%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.61+0.029%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.59+0.024%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.58+0.022%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.85+0.100%$5K$12K20xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h339.51long leg$191K$44K30x