BYDFi lists an Apple (AAPL) USDT-M perp: day one ran 323.74 to 334.76 and now sits in a 329.8-333 range
Key takeaway
BYDFi opened a USDT-margined perpetual on Apple stock (AAPL) at 5:00 AM ET today. It's tagged TradFi / Stocks, goes up to 25x on the first tier, uses 0.01 AAPL per contract, and charges 0.06% taker and 0.02% maker. The index blends prices from several large venues.
Why it's moving
Apple's fiscal Q4 report beat on EPS ($2.10 vs $1.99) and revenue ($114.48B), but the December-quarter gross margin guide of 45-46% landed under the roughly 46.3% estimate, with memory costs named as the drag.
BYDFi snapshot, 6:52 PM ET
- Last 330.83, index 330.64.
- 24h range 323.74 to 334.76.
- 24h turnover about 1.55M USDT.
- Open interest about 54.9K contracts.
- Funding at 0.
Structure
The perp sat flat around 324-327 after launch, spiked to 334.76 on the heaviest hour at the US cash open, pulled back, and has spent the afternoon and evening inside 329.8 to 333.3. The hourly lows keep holding just above 329.8.
Bias: LONG while 329.8 holds
334.76 is the upside reference. Invalidation is a 1h close below 328.7.
This perp keeps trading while the stock market is closed, so prices can gap when the cash session reopens, and day-one order books are thin. Size small.
Discussed on r/BYDFiCryptoExchange
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