Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.018%

Price spread now: Binance against Aevo+0.028%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

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

The price spread pays, funding is against you. Binance is 0.028% dearer against Aevo than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAPL-PERP	339.56	0.0104	pay 0.0013% / 1h	26m 46s	$11K	$102	10x
Short	Binance AAPLUSDT	339.65	0	get 0.0000% / 8h	1h 26m	$22.1M	$67.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.028%Rate

Funding earned: −$21.84
Price spread: +0.028% → 0.000%: $2.82
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.02
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 16 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.15 bp	5.4 bp −$5	7.7 bp −$77	25.3 bp −$2,534	doesn't fit

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	−0.0775%	4h	339.66	+0.030%	$81K	$325K	20x	as long as short
Nado AAPL-PERP	−0.0059%	1h	339.52	−0.011%	$555K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0010%	8h	339.67	+0.033%	$342K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.60	+0.012%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.58	+0.006%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDTshort	0.0000%	8h	339.65	+0.028%	$22.1M	$67.7M	25x
Bybit AAPLUSDT	0.0000%	8h	339.68	+0.036%	$5.9M	$116.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.67	+0.033%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.44	−0.035%	$3.0M	$5.1M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.75	+0.057%	$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 AAPL	0.0000%	8h	339.70	+0.043%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	+0.049%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.64	+0.024%	$822	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.53	−0.008%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.76	+0.060%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.78	+0.066%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.63	+0.021%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.66	+0.030%	$663K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.58	+0.005%	$908K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.57	+0.004%	$944K	$3.6M	20x	as long as short
Hotstuff AAPL-PERP	+0.0032%	1h	339.57	+0.004%	$36K	—	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.57	+0.004%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.50	−0.017%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.62	+0.018%	$40.6M	$76.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.57	+0.004%	$279K	$417K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.60	+0.012%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.46	−0.029%	$1.3M	$2.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.32	−0.070%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.56	+0.001%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.53	−0.008%	$4K	—	10x	as long as short
Aevo AAPL-PERPlong	+0.0104%	1h	339.56	long leg	$11K	$102	10x
Phoenix AAPL	+0.0212%	1h	339.80	+0.071%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.014%	$191K	$44K	30x	as long as short