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+0.0164%/8h= +18.0% APRpaid last 24h +0.020%
Price spread now: Variational Omni against Nado+0.060%7-day average +0.037% · you sell dearer than you buy
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)+0.050%+$5 on $10k
Price spread, last 3 days (all we have)+0.035%+$4 · spread now +0.060%, 7d avg +0.037%
Together, before fees+0.085%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Variational Omni is 0.023% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAPL-PERP338.82−0.0066get 0.0008% / 1h50m 19s$556K$36K20x
ShortVariational Omni AAPL339.020.0098get 0.0098% / 8h7h 50m$2.4M$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$34.5
Price spread: +0.060% → +0.037%
$2.31
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$29.81
Costs to cover
0.070%
Break-even
1.0 days
Slippage unknown: Nado: live order book, 23 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Nado live order book, 23 min ago0.15 bp13.0 bp −$1329.2 bp −$292doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.04 bpdoesn't fit5.7 bp −$57doesn'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−0.0218%4h338.92+0.030%$81K$326K20xas long as short
Nado AAPL-PERPlong−0.0066%1h338.82long leg$556K$36K20x
Hotstuff AAPL-PERP−0.0032%1h338.88+0.017%$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.98+0.046%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.02+0.059%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.99+0.050%$6.5M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.74−0.024%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.93+0.032%$13K$479K10xas long as short
SunX AAPL-USDT0.0000%8h339.01+0.056%$570$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.83+0.003%$28K$66K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.12+0.088%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.98+0.047%$2.1M$6K10xas long as short
Lighter AAPL+0.0032%1h338.86+0.011%$771K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.90+0.023%$957K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.75−0.021%$53K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.90+0.023%$40.8M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.820.000%$264K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.89+0.020%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.63−0.056%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h338.93+0.032%$3.2M$5.1M10xas long as short
Bitget AAPLUSDT+0.0080%8h338.97+0.044%$6.2M$3.4M100xas long as short
Variational Omni AAPLshort+0.0098%8h339.02+0.060%$2.4M$1.4M
KuCoin AAPLUSDTM+0.0100%8h338.63−0.056%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.81−0.003%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.91+0.026%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.95+0.038%$11K10xas long as short
BloFin AAPL-USDT+0.0109%8h339.03+0.062%$346K$170K20xas long as short
Binance AAPLUSDT+0.0119%8h339.01+0.056%$22.3M$66.9M25xas long as short
Extended AAPL_24_5-USD+0.0120%1h338.94+0.035%$284K$1.6M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h339.03+0.062%$660K$670K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.78−0.012%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.05+0.068%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.87+0.014%$269K$70K20xas long as short