Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: QFEX against Extended+0.006%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 7 days+0.051%+$5 · spread now +0.006%, 7d avg −0.050%
Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.057% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAPL_24_5-USD339.630get 0.0000% / 1h31m 59s$285K$1.8M10x
ShortQFEX AAPL-USD339.650.0023get 0.0003% / 1h31m 59s$3.3M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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

Funding earned
$4.8
Price spread: +0.006% → −0.050%
$5.67
Slippage, 4 orders
−$5.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$10.11
Costs to cover
0.206%
Break-even
21.7 days
Slippage from Extended: live order book, 2 min ago; QFEX: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.15 bp3.8 bp −$417.8 bp −$178doesn't fitdoesn't fit
Sell QFEX live order book, 12 min ago1.47 bp6.5 bp −$67.2 bp −$7212.2 bp −$1,222doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0257%4h339.61−0.004%$81K$327K20xas long as short
Nado AAPL-PERP−0.0058%1h339.63+0.002%$556K$38K20xas long as short
BloFin AAPL-USDT−0.0007%8h339.71+0.024%$342K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.65+0.007%$121K$292K20xas long as short
Extended AAPL_24_5-USDlong0.0000%1h339.63long leg$285K$1.8M10x
Binance AAPLUSDT0.0000%8h339.71+0.024%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.75+0.036%$5.9M$111.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.70+0.021%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.48−0.044%$3.0M$5.1M100xas long as short
Bitget AAPLUSDT0.0000%8h339.76+0.039%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.77+0.043%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.70+0.020%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.69+0.018%$540$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.61−0.005%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.79+0.048%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.77+0.042%$2.1M$7K10xas long as short
QFEX AAPL-USDshort+0.0023%1h339.65+0.006%$3.3M$4.3M10x
Coinbase International AAPL-PERP-INTX+0.0024%1h339.66+0.009%$663K$663K10xas long as short
Lighter AAPL+0.0032%1h339.64+0.004%$907K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.65+0.006%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.60−0.008%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.58−0.014%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.64+0.003%$40.6M$76.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.64+0.003%$279K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.630.000%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.50−0.038%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.55−0.023%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.58−0.014%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.57−0.017%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.60−0.008%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0112%1h339.630.000%$36K20xas long as short
Phoenix AAPL+0.0212%1h339.80+0.051%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.58−0.014%$191K$44K30xas long as short