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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.014%
Price spread now: tradeXYZ against Nado+0.005%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.383% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.005%, 7d avg −0.060%
Together, before fees−0.032%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.065% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP338.71−0.0051get 0.0006% / 1h22m 50s$554K$38K20x
ShorttradeXYZ xyz:AAPL338.730.0059get 0.0007% / 1h22m 50s$40.7M$75.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$23.08
Price spread: +0.005% → −0.060%
$6.48
Slippage, 4 orders
−$13.29
Fee Nado: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$8.72
Costs to cover
0.383%
Break-even
9.6 days
Slippage from Nado: live order book, 40 min ago; tradeXYZ: live order book, 6 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, 40 min ago0.15 bp13.4 bp −$1368.6 bp −$686doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.29 bp10.4 bp −$1012.2 bp −$122doesn'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−0.0690%4h338.76+0.013%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0104%1h338.53−0.054%$28K$67K10xas long as short
Nado AAPL-PERPlong−0.0051%1h338.71long leg$554K$38K20x
BloFin AAPL-USDT−0.0015%8h338.84+0.038%$343K$169K20xas long as short
Aster AAPLUSDT0.0000%8h338.84+0.039%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.75+0.011%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.84+0.038%$22.2M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h338.86+0.044%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.88+0.050%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.57−0.042%$3.0M$4.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h338.93+0.064%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.82+0.033%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.83+0.035%$17K$424K10xas long as short
SunX AAPL-USDT0.0000%8h338.82+0.032%$491$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h338.94+0.067%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.84+0.038%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0013%1h338.78+0.020%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.70−0.005%$771K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.73+0.005%$947K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.72+0.002%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.62−0.027%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78+0.020%$659K$673K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.55−0.048%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.72+0.002%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.55−0.048%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPLshort+0.0059%1h338.73+0.005%$40.7M$75.8M20x
KuCoin AAPLUSDTM+0.0100%8h338.75+0.011%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.62−0.027%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.70−0.004%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.70−0.003%$10K10xas long as short
Hotstuff AAPL-PERP+0.0112%1h338.70−0.004%$36K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.57−0.042%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.79+0.023%$5K$11K20xas long as short