Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.024%
Price spread now: Arcus against QFEX−0.018%7-day average −0.033% · 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−$31as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 4 days (all we have)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.018%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, 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 | QFEX AAPL-USD | 339.67 | 0.0027 | pay 0.0003% / 1h | 39m 16s | $3.2M | $4.2M | 10x |
| Short | Arcus AAPL-USD | 339.61 | 0.0040 | get 0.0005% / 1h | 39m 16s | $267K | $60K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against QFEX. 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
- $2.76
- Price spread: −0.018% → −0.033%
- $1.53
- Slippage, 4 orders
- −$17.72
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$27.93
- Costs to cover
- 0.322%
- Break-even
- 77.8 days
Slippage from QFEX: live order book, 4 min ago; Arcus: live order book, 64 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 QFEX live order book, 4 min ago | 1.47 bp | 6.5 bp −$6 | 7.2 bp −$72 | 12.7 bp −$1,266 | doesn't fit |
| Sell Arcus live order book, 64 min ago | 2.65 bp | 9.8 bp −$10 | 12.7 bp −$127 | doesn't fit | 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 | −0.0613% | 4h | 339.71 | +0.012% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0152% | 1h | 339.78 | +0.033% | $556K | $37K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0074% | 1h | 339.61 | −0.018% | $28K | $69K | 10x | as long as short |
| BloFin AAPL-USDT | −0.0023% | 8h | 339.74 | +0.021% | $342K | $167K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.70 | +0.008% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.66 | −0.003% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.75 | +0.024% | $22.1M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.64 | −0.009% | $7.4M | $135.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.68 | +0.003% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.53 | −0.041% | $3.0M | $5.3M | 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 | 339.74 | +0.021% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.77 | +0.031% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.72 | +0.016% | $13K | $410K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.74 | +0.021% | $608 | $4.5M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.80 | +0.038% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.80 | +0.038% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USDlong | +0.0027% | 1h | 339.67 | long leg | $3.2M | $4.2M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 339.69 | +0.006% | $941K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.68 | +0.003% | $950K | $3.5M | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0040% | 1h | 339.61 | −0.018% | $267K | $60K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.66 | −0.003% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.71 | +0.012% | $40.6M | $76.1M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.63 | −0.012% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.69 | +0.006% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.59 | −0.024% | $1.3M | $2.4M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.035% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.51 | −0.047% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.69 | +0.006% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.62 | −0.015% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 339.67 | 0.000% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.67 | −0.001% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.63 | −0.012% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.83 | +0.047% | $5K | $12K | 20x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL