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 +0.031%

Price spread now: Aevo against Bybit−0.052%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 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	Bybit AAPLUSDT	339.79	0	get 0.0000% / 8h	1h 12m	$7.0M	$126.3M	100x
Short	Aevo AAPL-PERP	339.61	0.0104	get 0.0013% / 1h	12m 19s	$11K	$102	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.052%Rate

Funding earned: $21.84
Price spread: −0.052% → 0.000%: −$5.17
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$10.33
Costs to cover: 0.270%
Break-even: 10.3 days

Slippage unknown: Bybit: 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 Bybit live order book, 2 min ago	0.15 bp	6.5 bp −$6	8.9 bp −$89	25.9 bp −$2,585	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	−0.0117%	4h	339.53	−0.076%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0051%	1h	339.64	−0.045%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0010%	8h	339.72	−0.021%	$342K	$169K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.66	−0.039%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.63	−0.048%	$286K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.72	−0.021%	$22.1M	$67.8M	25x	as long as short
Bybit AAPLUSDTlong	0.0000%	8h	339.79	long leg	$7.0M	$126.3M	100x
OKX AAPL-USDT-SWAP	0.0000%	8h	339.69	−0.029%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.50	−0.085%	$3.0M	$5.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.70	−0.026%	$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	339.60	−0.057%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.55	−0.070%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.72	−0.021%	$635	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.57	−0.065%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.81	+0.006%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.60	−0.056%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.67	−0.035%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.071%	$660K	$668K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.66	−0.039%	$944K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.65	−0.041%	$944K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.53	−0.077%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.53	−0.077%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.67	−0.035%	$36K	—	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.63	−0.047%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.69	−0.029%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.42	−0.109%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0070%	1h	339.67	−0.035%	$40.6M	$76.5M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.52	−0.079%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.32	−0.138%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.62	−0.050%	$4K	—	10x	as long as short
Aevo AAPL-PERPshort	+0.0104%	1h	339.61	−0.052%	$11K	$102	10x
Phoenix AAPL	+0.0212%	1h	339.63	−0.047%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.33	−0.135%	$191K	$44K	30x	as long as short