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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.017%
Price spread now: Bitget against Nado+0.001%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.001%, 7d avg +0.027%
Together, before fees+0.078%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.026% cheaper against Nado than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.027%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP339.32−0.0078get 0.0010% / 1h19m 21s$555K$38K20x
ShortBitget AAPLUSDT339.320get 0.0000% / 8h3h 19m$6.2M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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
$16.36
Price spread: +0.001% → +0.027%
−$2.64
Slippage, 4 orders
−$25.98
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$31.26
Costs to cover
0.450%
Break-even
20.4 days
Slippage from Nado: live order book, 34 min ago; Bitget: live order book, 4 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 Nado live order book, 34 min ago0.15 bp13.2 bp −$1367.9 bp −$679doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.15 bp10.2 bp −$1015.8 bp −$15851.1 bp −$5,114doesn'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−0.0384%4h339.22−0.027%$81K$327K20xas long as short
Nado AAPL-PERPlong−0.0078%1h339.32long leg$555K$38K20x
Aster AAPLUSDT0.0000%8h339.25−0.020%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.20−0.036%$287K$1.7M10xas long as short
Binance AAPLUSDT0.0000%8h339.30−0.005%$21.9M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h339.28−0.011%$5.8M$70.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.30−0.005%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h339.01−0.091%$3.0M$4.5M100xas long as short
Bitget AAPLUSDTshort0.0000%8h339.32+0.001%$6.2M$3.5M100x
Variational Omni AAPL0.0000%8h339.29−0.010%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.26−0.017%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.27−0.014%$468$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.18−0.041%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.37+0.015%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.30−0.005%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0022%8h339.28−0.011%$340K$168K20xas long as short
QFEX AAPL-USD+0.0030%1h339.19−0.038%$3.2M$4.5M10xas long as short
Lighter AAPL+0.0032%1h339.18−0.041%$782K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.18−0.041%$941K$3.6M20xas long as short
Hotstuff AAPL-PERP+0.0032%1h339.18−0.041%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.08−0.070%$266K$61K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.12−0.058%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.21−0.032%$40.5M$76.1M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.18−0.041%$278K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.20−0.035%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.93−0.114%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.158%$661K$657K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.28−0.011%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.20−0.035%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.17−0.043%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.22−0.029%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.02−0.088%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.27−0.014%$5K$11K20xas long as short