Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.021%

Price spread now: Aevo against Variational Omni−0.035%48s7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). The two prices were read 48 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	Variational Omni AAPL	338.83	0	get 0.0000% / 8h	3h 58m	$2.4M	$1.4M	—
Short	Aevo AAPL-PERP	338.72	0.0104	get 0.0013% / 1h	58m 29s	$11K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.035%Rate

Funding earned: $21.84
Price spread: −0.035% → 0.000%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.36
Costs to cover: 0.160%
Break-even: 6.2 days

Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago	2.04 bp	doesn't fit	5.5 bp −$55	doesn't fit	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	−0.0342%	4h	338.78	−0.018%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0069%	1h	338.72	−0.033%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0010%	8h	338.84	+0.001%	$341K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.74	−0.028%	$122K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.75	−0.026%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.84	+0.001%	$21.9M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.78	−0.016%	$5.9M	$53.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.82	−0.004%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.60	−0.069%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.89	+0.016%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPLlong	0.0000%	8h	338.83	long leg	$2.4M	$1.4M	—
GRVT AAPL_USDT_Perp	0.0000%	8h	338.90	+0.020%	$17K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.83	−0.001%	$390	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.57	−0.078%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.97	+0.040%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.83	−0.001%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0030%	1h	338.79	−0.013%	$3.2M	$4.6M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.69	−0.042%	$782K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.71	−0.037%	$944K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.72	−0.034%	$266K	$66K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.64	−0.058%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	338.68	−0.046%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.69	−0.043%	$40.5M	$75.9M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.71	−0.037%	$278K	$405K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.69	−0.043%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.58	−0.075%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.016%	$659K	$652K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.71	−0.037%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.69	−0.043%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.71	−0.037%	$4K	—	10x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	338.72	−0.035%	$11K	—	10x
Injective AAPL/USDC PERP	+0.0220%	1h	339.26	+0.125%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.81	−0.007%	$5K	$11K	20x	as long as short