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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against Orderly+0.021%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bybit is 0.021% dearer against Orderly than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAPL_USDC_mythos339.680.0100pay 0.0100% / 8h1h 48m$4K10x
ShortBybit AAPLUSDT339.750get 0.0000% / 8h1h 48m$7.0M$104.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
−$21
Price spread: +0.021% → 0.000%
$2.06
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$35.94
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 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 Orderly no order-book sample
Sell Bybit live order book, 5 min ago0.15 bp5.6 bp −$67.4 bp −$7428.3 bp −$2,834doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0856%4h339.67−0.004%$81K$326K20xas long as short
Nado AAPL-PERP−0.0047%1h339.55−0.039%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.65−0.008%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.70+0.005%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.80+0.034%$22.1M$67.7M25xas long as short
Bybit AAPLUSDTshort0.0000%8h339.75+0.021%$7.0M$104.3M100x
OKX AAPL-USDT-SWAP0.0000%8h339.78+0.029%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.59−0.026%$3.0M$4.9M100xas long as short
Bitget AAPLUSDT0.0000%8h339.82+0.041%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.73+0.013%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.70+0.006%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.82+0.041%$629$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.680.000%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.88+0.059%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.74+0.018%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0022%8h339.79+0.032%$341K$168K20xas long as short
QFEX AAPL-USD+0.0023%1h339.67−0.003%$3.2M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.038%$660K$657K10xas long as short
Lighter AAPL+0.0032%1h339.69+0.004%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.71+0.009%$952K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.60−0.024%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.56−0.035%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.67−0.003%$280K$416K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.72+0.012%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.48−0.059%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0088%1h339.72+0.012%$40.6M$76.6M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.50−0.053%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.45−0.068%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythoslong+0.0100%8h339.68long leg$4K10x
Hotstuff AAPL-PERP+0.0104%1h339.66−0.006%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.67−0.004%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.87+0.056%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.46−0.065%$191K$44K30xas long as short