Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: OKX against Aevo+0.024%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 OKX

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. OKX is 0.024% dearer against Aevo than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAPL-PERP	339.76	0.0104	pay 0.0013% / 1h	24m 46s	$11K	$102	10x
Short	OKX AAPL-USDT-SWAP	339.84	0	get 0.0000% / 8h	2h 24m	$6.3M	$6.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21.84
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: −$45.43
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	0.15 bp	6.5 bp −$6	12.8 bp −$128	doesn't fit	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	−0.0812%	4h	339.76	+0.001%	$81K	$326K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0162%	1h	339.67	−0.026%	$28K	$68K	10x	as long as short
Nado AAPL-PERP	−0.0111%	1h	339.87	+0.032%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0018%	8h	339.84	+0.024%	$340K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.81	+0.016%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.72	−0.012%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.88	+0.036%	$22.0M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.89	+0.039%	$5.9M	$89.5M	100x	as long as short
OKX AAPL-USDT-SWAPshort	0.0000%	8h	339.84	+0.024%	$6.3M	$6.9M	25x
Gate AAPL_USDT	0.0000%	8h	339.61	−0.044%	$3.0M	$4.8M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.93	+0.051%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.83	+0.023%	$2.4M	$1.3M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.63	−0.038%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.83	+0.021%	$435	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.93	+0.051%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.80	+0.012%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.75	−0.002%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.77	+0.005%	$855K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.77	+0.004%	$939K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.59	−0.049%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.74	−0.005%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.56	−0.058%	$663K	$661K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.77	+0.004%	$40.5M	$76.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.68	−0.023%	$278K	$409K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.77	+0.004%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.62	−0.041%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0080%	1h	339.70	−0.017%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.44	−0.094%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.78	+0.006%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.70	−0.017%	$4K	—	10x	as long as short
Aevo AAPL-PERPlong	+0.0104%	1h	339.76	long leg	$11K	$102	10x
Phoenix AAPL	+0.0212%	1h	339.89	+0.039%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.68	−0.023%	$191K	$44K	30x	as long as short