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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.21 per $10,000 · paid last 24h −0.060%
Price spread now: tradeXYZ against Injective+0.027%7-day average −0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.471%−$47 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.027%, 7d avg −0.157%
Together, before fees−0.477%+ Points / potential airdroptradeXYZ: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.184% dearer against Injective than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.157%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP338.660.0220pay 0.0028% / 1h10m 58s$191K$44K30x
ShorttradeXYZ xyz:AAPL338.750.0050get 0.0006% / 1h10m 58s$40.5M$76.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$35.7
Price spread: +0.027% → −0.157%
$18.36
Slippage, 4 orders
−$21.67
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$57.03
Costs to cover
0.397%
Break-even
never at this rate
Slippage from Injective: live order book, 48 min ago; tradeXYZ: live order book, 7 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, 48 min ago8.56 bp8.6 bp −$98.6 bp −$8657597.5 bp −$5.76M327987.0 bp −$163.99M
Sell tradeXYZ live order book, 7 min ago0.44 bp9.8 bp −$1011.4 bp −$114doesn'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−0.0152%4h338.89+0.067%$81K$328K20xas long as short
Nado AAPL-PERP−0.0025%1h338.74+0.025%$554K$38K20xas long as short
BloFin AAPL-USDT−0.0022%8h338.87+0.062%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h338.76+0.029%$122K$290K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.77+0.033%$284K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.88+0.065%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h338.82+0.047%$5.9M$47.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.87+0.062%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.68+0.006%$3.0M$4.3M100xas long as short
Bitget AAPLUSDT0.0000%8h338.96+0.089%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.88+0.063%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.99+0.097%$17K$425K10xas long as short
SunX AAPL-USDT0.0000%8h338.87+0.062%$549$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.67+0.003%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h338.98+0.094%$53K$226K30xas long as short
Phemex AAPLUSDT0.0000%4h338.95+0.086%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0031%1h338.82+0.047%$3.2M$4.6M10xas long as short
Lighter AAPL+0.0032%1h338.73+0.020%$782K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.76+0.030%$946K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.79+0.038%$266K$67K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.65−0.003%$45K25xas long as short
tradeXYZ xyz:AAPLshort+0.0050%1h338.75+0.027%$40.5M$76.0M20x
Polymarket Perps AAPL-USD+0.0050%1h338.75+0.027%$278K$422K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.75+0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.65−0.003%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h338.78+0.035%$659K$661K10xas long as short
Hotstuff AAPL-PERP+0.0088%1h338.75+0.027%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.78+0.035%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.78+0.035%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.78+0.035%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.76+0.030%$11K10xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h338.66long leg$191K$44K30x
Phoenix AAPL+0.0283%1h338.85+0.056%$5K$11K20xas long as short