Funding arb · Price arb /

AEVO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0653%/8h= +71.5% APRpaid last 24h −1.862%

Price spread now: OKX against Kraken Futures−0.147%45s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−2.868%−$287 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. OKX is 0.147% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 18 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −2.868%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AEVOUSD	0.02474	−0.0553	get 0.0069% / 1h	28m 34s	$52K	$13K	10x
Short	OKX AEVO-USDT-SWAP	0.02470	0.0100	get 0.0050% / 4h	1h 28m	$273K	$395K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee OKXbpOrdersPrice spread, now −0.147%Rate

Funding earned: $137.21
Price spread: −0.147% → 0.000%: −$14.68
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $102.53
Costs to cover: 0.200%
Break-even: 1.8 days

Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 52 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell OKX live order book, 52 min ago	6.06 bp	44.3 bp −$44	doesn't fit	doesn't fit	doesn't fit

Kraken Futures: 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.

AEVO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AEVOUSDlong	−0.0553%	1h	0.02474	long leg	$52K	$13K	10x
BloFin AEVO-USDT	+0.0087%	4h	0.02468	−0.228%	$96K	$4K	20x	as long as short
Aevo AEVO-PERP	+0.0096%	1h	0.02466	−0.292%	$54K	$22K	3x	as long as short
Aster AEVOUSDT	+0.0100%	4h	0.02471	−0.101%	$13K	$80	5x	as long as short
Binance AEVOUSDT	+0.0100%	4h	0.02472	−0.068%	$1.8M	$1.6M	50x	as long as short
Bybit AEVOUSDT	+0.0100%	4h	0.02469	−0.187%	$710K	$194K	25x	as long as short
OKX AEVO-USDT-SWAPshort	+0.0100%	4h	0.02470	−0.147%	$273K	$395K	10x
Gate AEVO_USDT	+0.0100%	4h	0.02463	−0.430%	$231K	$51K	20x	as long as short
MEXC AEVO_USDC	+0.0100%	4h	0.02472	−0.066%	$1.9M	$81K	125x	as long as short
KuCoin AEVOUSDTM	+0.0100%	4h	0.02473	−0.026%	$334K	$167K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEVOUSDT	+0.0100%	4h	0.02472	−0.066%	$210K	$150K	50x	as long as short
BingX AEVO-USDC	+0.0100%	4h	0.02469	−0.187%	—	$720K	—	as long as short
Variational Omni AEVO	+0.0100%	4h	0.02465	−0.361%	$2K	$14	—	as long as short