Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.031%

Price spread now: Aevo against Binance−0.022%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 41 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAPLUSDT	339.17	0.0061	pay 0.0061% / 8h	50m 40s	$22.4M	$67.2M	25x
Short	Aevo AAPL-PERP	339.09	0.0104	get 0.0013% / 1h	50m 40s	$11K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.022%Rate

Funding earned: $8.96
Price spread: −0.022% → 0.000%: −$2.2
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$19.24
Costs to cover: 0.260%
Break-even: 22.0 days

Slippage unknown: Binance: live order book, 7 min ago; Aevo: no order-book sample. 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 Binance live order book, 7 min ago	0.15 bp	5.9 bp −$6	8.8 bp −$88	32.7 bp −$3,266	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0916%	4h	339.15	−0.004%	$81K	$325K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.99	−0.053%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.22	+0.016%	$6.1M	$39.8M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.17	+0.001%	$6.5M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.90	−0.079%	$3.0M	$4.2M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.14	−0.008%	$14K	$498K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.15	−0.005%	$614	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.29	+0.036%	$52K	$222K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.17	+0.001%	$2.1M	$7K	10x	as long as short
Variational Omni AAPL	+0.0022%	8h	339.17	−0.001%	$2.4M	$1.4M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	+0.0022%	8h	339.20	+0.010%	$6.2M	$3.4M	100x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.07	−0.029%	$964K	$3.7M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.77	−0.117%	—	$53K	25x	as long as short
BloFin AAPL-USDT	+0.0048%	8h	339.18	+0.004%	$306K	$167K	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.96	−0.061%	$265K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.03	−0.040%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.86	−0.091%	$1.4M	$2.4M	20x	as long as short
Extended AAPL_24_5-USD	+0.0056%	1h	339.11	−0.018%	$285K	$1.5M	10x	as long as short
Binance AAPLUSDTlong	+0.0061%	8h	339.17	long leg	$22.4M	$67.2M	25x
QFEX AAPL-USD	+0.0064%	1h	339.07	−0.029%	$3.2M	$5.1M	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.86	−0.091%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.77	−0.117%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.01	−0.046%	$4K	—	10x	as long as short
Lighter AAPL	+0.0104%	1h	339.03	−0.040%	$773K	$2.4M	20x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	339.09	−0.022%	$11K	—	10x
Nado AAPL-PERP	+0.0120%	1h	338.85	−0.094%	$556K	$35K	20x	as long as short
Hotstuff AAPL-PERP	+0.0144%	1h	339.03	−0.040%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0192%	1h	339.03	−0.040%	$660K	$677K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.57	+0.119%	$191K	$44K	30x	as long as short
tradeXYZ xyz:AAPL	+0.0223%	1h	339.03	−0.040%	$40.9M	$76.4M	20x	as long as short
Phoenix AAPL	+0.0330%	1h	339.08	−0.026%	$2K	$8K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0370%	1h	339.02	−0.043%	$28K	$65K	10x	as long as short
Arcus AAPL-USD	+0.0397%	1h	339.04	−0.037%	$270K	$71K	20x	as long as short