Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.007%

Price spread now: QFEX against Aster−0.026%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.470% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.026%, 7d avg −0.022%

Together, before fees−0.151%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAPLUSDT	338.93	0	get 0.0000% / 8h	5h 38m	$122K	$291K	20x
Short	QFEX AAPL-USD	338.84	0.0013	get 0.0002% / 1h	38m 57s	$3.2M	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. 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 AsterbpFee QFEXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $2.77
Price spread: −0.026% → −0.022%: −$0.32
Slippage, 4 orders: −$28.97
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$44.52
Costs to cover: 0.470%
Break-even: 119.4 days

Slippage from Aster: live order book, 23 min ago; QFEX: live order book, 5 min ago.

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 Aster live order book, 23 min ago	2.21 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	0.89 bp	5.9 bp −$6	7.0 bp −$70	13.4 bp −$1,340	doesn't fit

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	−0.0109%	4h	338.77	−0.048%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0056%	1h	338.75	−0.052%	$554K	$38K	20x	as long as short
Hotstuff AAPL-PERP	−0.0032%	1h	338.82	−0.032%	$36K	—	20x	as long as short
BloFin AAPL-USDT	−0.0007%	8h	338.86	−0.020%	$343K	$169K	20x	as long as short
Aster AAPLUSDTlong	0.0000%	8h	338.93	long leg	$122K	$291K	20x
Extended AAPL_24_5-USD	0.0000%	1h	338.75	−0.052%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.84	−0.026%	$22.3M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.89	−0.011%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.87	−0.017%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.64	−0.085%	$3.0M	$4.2M	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	338.91	−0.005%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.83	−0.027%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.86	−0.021%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.85	−0.023%	$515	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.65	−0.082%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.99	+0.019%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.84	−0.026%	$2.1M	$6K	10x	as long as short
QFEX AAPL-USDshort	+0.0013%	1h	338.84	−0.026%	$3.2M	$4.8M	10x
Lighter AAPL	+0.0032%	1h	338.69	−0.071%	$757K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.76	−0.049%	$953K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.76	−0.049%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.67	−0.076%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.84	−0.026%	$659K	$667K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.78	−0.043%	$40.7M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.63	−0.088%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.82	−0.032%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.58	−0.102%	$1.3M	$2.5M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.78	−0.043%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.60	−0.096%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.72	−0.061%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.75	−0.054%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.58	−0.102%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.88	−0.014%	$5K	$11K	20x	as long as short