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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0161%/8h= −17.6% APRnext payment $0.20 per $10,000 · paid last 24h −0.059%
Price spread now: QFEX against Injective+0.030%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.204%−$20 on $10k
Price spread, last 3 days (all we have)+0.065%+$6 · spread now +0.030%, 7d avg −0.085%
Together, before fees−0.139%−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.114% dearer against Injective than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.085%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP338.520.0220pay 0.0028% / 1h6m 26s$191K$44K30x
ShortQFEX AAPL-USD338.620.0059get 0.0007% / 1h6m 26s$3.3M$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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
−$33.84
Price spread: +0.030% → −0.085%
$11.44
Slippage, 4 orders
−$23.11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$55.53
Costs to cover
0.331%
Break-even
never at this rate
Slippage from Injective: live order book, 2 min ago; QFEX: live order book, 7 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 Injective live order book, 2 min ago8.71 bp8.7 bp −$98.7 bp −$8757590.4 bp −$5.76M327951.6 bp −$163.98M
Sell QFEX live order book, 7 min ago1.62 bp6.6 bp −$78.5 bp −$8513.6 bp −$1,362doesn'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
Deribit AAPL_USDC-PERPETUAL−0.0429%1h338.35−0.050%$28K$67K10xas long as short
edgeX AAPLUSDC−0.0234%4h338.58+0.017%$81K$326K20xas long as short
Nado AAPL-PERP−0.0032%1h338.61+0.026%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.69+0.049%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.71+0.056%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.71+0.056%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.46−0.018%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.75+0.068%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.66+0.040%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.64+0.035%$711$4.7M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h338.72+0.059%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.60+0.024%$2.1M$6K10xas long as short
Lighter AAPL+0.0032%1h338.55+0.010%$749K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.61+0.027%$955K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.520.000%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.63+0.032%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.39−0.038%$261K$397K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.62+0.030%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.38−0.041%$1.4M$2.4M20xas long as short
BloFin AAPL-USDT+0.0052%8h338.81+0.086%$345K$169K20xas long as short
QFEX AAPL-USDshort+0.0059%1h338.62+0.030%$3.3M$5.0M10x
Variational Omni AAPL+0.0060%8h338.62+0.028%$2.4M$1.4Mas long as short
Binance AAPLUSDT+0.0079%8h338.67+0.046%$22.2M$66.7M25xas long as short
Extended AAPL_24_5-USD+0.0080%1h338.59+0.022%$284K$2.0M10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.63+0.032%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.53+0.003%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.520.000%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.58+0.019%$10K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.63+0.032%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.51−0.003%$655K$668K10xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h338.52long leg$191K$44K30x
Phoenix AAPL+0.0330%1h338.76+0.071%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.58+0.018%$269K$70K20xas long as short