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 +0.021%

Price spread now: Aevo against Variational Omni−0.045%7-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 0.045% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAPL	339.86	0	get 0.0000% / 8h	11m 47s	$2.5M	$1.2M	—
Short	Aevo AAPL-PERP	339.70	0.0104	get 0.0013% / 1h	11m 47s	$11K	$102	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 −0.045%Rate

Funding earned: $21.84
Price spread: −0.045% → 0.000%: −$4.5
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $1.34
Costs to cover: 0.160%
Break-even: 6.6 days

Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago	2.05 bp	doesn't fit	6.8 bp −$68	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	−0.0968%	4h	339.81	−0.014%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0147%	1h	339.73	−0.036%	$556K	$37K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.72	−0.040%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.70	−0.046%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.78	−0.022%	$22.1M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.78	−0.022%	$7.5M	$158.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.83	−0.007%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.65	−0.060%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.80	−0.016%	$6.2M	$3.6M	100x	as long as short
Variational Omni AAPLlong	0.0000%	8h	339.86	long leg	$2.5M	$1.2M	—

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	339.85	−0.002%	$13K	$357K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.80	−0.016%	$615	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.70	−0.046%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.90	+0.013%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.84	−0.004%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0011%	8h	339.83	−0.007%	$344K	$167K	20x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.73	−0.037%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.71	−0.044%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.70	−0.046%	$949K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.70	−0.046%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.64	−0.063%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.71	−0.043%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.71	−0.043%	$279K	$423K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.73	−0.037%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.68	−0.051%	$1.3M	$2.3M	20x	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	339.72	−0.040%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.090%	$660K	$660K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.60	−0.075%	$1.4M	$54K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.78	−0.022%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.69	−0.049%	$4K	—	10x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	339.70	−0.045%	$11K	$102	10x
Injective AAPL/USDC PERP	+0.0220%	1h	339.68	−0.051%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.92	+0.019%	$5K	$12K	20x	as long as short