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 +0.018%

Price spread now: Aevo against Binance−0.024%7-day average — · you buy dearer than you sell

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

Long on Binance 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 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 19 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	Binance AAPLUSDT	339.30	0	get 0.0000% / 8h	3h 19m	$21.9M	$67.0M	25x
Short	Aevo AAPL-PERP	339.22	0.0104	get 0.0013% / 1h	19m 26s	$11K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.024%Rate

Funding earned: $21.84
Price spread: −0.024% → 0.000%: −$2.43
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$6.59
Costs to cover: 0.260%
Break-even: 9.1 days

Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago	0.15 bp	5.6 bp −$6	7.6 bp −$76	32.9 bp −$3,290	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	−0.0384%	4h	339.22	−0.023%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0078%	1h	339.32	+0.005%	$555K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.25	−0.015%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.20	−0.031%	$287K	$1.7M	10x	as long as short
Binance AAPLUSDTlong	0.0000%	8h	339.30	long leg	$21.9M	$67.0M	25x
Bybit AAPLUSDT	0.0000%	8h	339.28	−0.006%	$5.8M	$70.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.30	0.000%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.01	−0.086%	$3.0M	$4.5M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.32	+0.005%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.29	−0.005%	$2.4M	$1.4M	—	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	339.26	−0.013%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.27	−0.009%	$468	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.18	−0.036%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.37	+0.020%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.30	0.000%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0022%	8h	339.28	−0.006%	$340K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	339.19	−0.033%	$3.2M	$4.5M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.18	−0.036%	$782K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.18	−0.036%	$941K	$3.6M	20x	as long as short
Hotstuff AAPL-PERP	+0.0032%	1h	339.18	−0.036%	$36K	—	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.08	−0.065%	$266K	$61K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.12	−0.054%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.21	−0.027%	$40.5M	$76.1M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.18	−0.036%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.20	−0.030%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.93	−0.109%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.154%	$661K	$657K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.28	−0.006%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.20	−0.030%	$947K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.17	−0.039%	$4K	—	10x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	339.22	−0.024%	$11K	—	10x
Injective AAPL/USDC PERP	+0.0220%	1h	339.02	−0.083%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	339.27	−0.009%	$5K	$11K	20x	as long as short