Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.007%
Price spread now: QFEX against Gate+0.056%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.056%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 338.60 | 0 | get 0.0000% / 8h | 3h 55m | $3.0M | $4.2M | 100x |
| Short | QFEX AAPL-USD | 338.79 | 0.0030 | get 0.0004% / 1h | 55m 40s | $3.2M | $4.6M | 10x |
Gate AAPL_USDT
QFEX AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.35
- Price spread: +0.056% → +0.017%
- $3.93
- Slippage, 4 orders
- −$13.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.88
- Costs to cover
- 0.382%
- Break-even
- 37.7 days
Slippage from Gate: live order book, 3 min ago; QFEX: live order book, 3 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 Gate live order book, 3 min ago | 0.89 bp | 13.4 bp −$13 | 33.4 bp −$334 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.33 bp | 6.3 bp −$6 | 7.2 bp −$72 | 12.9 bp −$1,293 | 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 | −0.0497% | 4h | 338.78 | +0.052% | $81K | $325K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0104% | 1h | 338.58 | −0.006% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0073% | 1h | 338.76 | +0.048% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.76 | +0.046% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.77 | +0.051% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.85 | +0.074% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.83 | +0.068% | $5.9M | $54.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.86 | +0.077% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 338.60 | long leg | $3.0M | $4.2M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.92 | +0.095% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.83 | +0.069% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.83 | +0.067% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.83 | +0.068% | $610 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.84 | +0.071% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.83 | +0.068% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0019% | 8h | 338.83 | +0.068% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USDshort | +0.0030% | 1h | 338.79 | +0.056% | $3.2M | $4.6M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 338.72 | +0.035% | $782K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.74 | +0.041% | $944K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 338.68 | +0.024% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.71 | +0.032% | $266K | $66K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.64 | +0.012% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.71 | +0.032% | $40.5M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.70 | +0.030% | $278K | $405K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.69 | +0.027% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.58 | −0.006% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | +0.053% | $659K | $652K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.63 | +0.009% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.64 | +0.012% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.70 | +0.030% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.71 | +0.033% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.26 | +0.195% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 338.80 | +0.059% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Hotstuff AAPL-PERP
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL