Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against OKX−0.042%50s7-day average — · you buy dearer than you sell

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

Long on OKX 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 0.042% cheaper against OKX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day). The two prices were read 50 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	OKX AAPL-USDT-SWAP	339.68	0	get 0.0000% / 8h	50m 28s	$6.3M	$6.9M	25x
Short	Aevo AAPL-PERP	339.54	0.0104	get 0.0013% / 1h	50m 28s	$11K	$102	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: $21.84
Price spread: −0.042% → 0.000%: −$4.16
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$8.32
Costs to cover: 0.260%
Break-even: 9.7 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	0.15 bp	8.0 bp −$8	12.3 bp −$123	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	−0.0507%	4h	339.61	−0.020%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0111%	1h	339.68	−0.001%	$556K	$37K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.67	−0.003%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.65	−0.007%	$292K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.75	+0.021%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.68	0.000%	$6.2M	$131.0M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	339.68	long leg	$6.3M	$6.9M	25x
Gate AAPL_USDT	0.0000%	8h	339.47	−0.062%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.70	+0.006%	$6.2M	$3.6M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.64	−0.010%	$2.4M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.64	−0.012%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.63	−0.015%	$757	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.47	−0.062%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.74	+0.018%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.73	+0.015%	$2.1M	$7K	10x	as long as short
Hotstuff AAPL-PERP	+0.0024%	1h	339.58	−0.029%	$36K	—	20x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.66	−0.006%	$3.3M	$4.2M	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.67	−0.003%	$343K	$168K	20x	as long as short
Lighter AAPL	+0.0032%	1h	339.64	−0.012%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.62	−0.018%	$949K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.54	−0.041%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.54	−0.041%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.65	−0.009%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.65	−0.009%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.56	−0.035%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.37	−0.091%	$1.3M	$2.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.038%	$660K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.54	−0.041%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.50	−0.053%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.52	−0.047%	$4K	—	10x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	339.54	−0.042%	$11K	$102	10x
Injective AAPL/USDC PERP	+0.0220%	1h	339.45	−0.068%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.69	+0.003%	$5K	$12K	20x	as long as short