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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.670.0027pay 0.0003% / 1h39m 16s$3.2M$4.2M10x
ShortArcus AAPL-USD339.610.0040get 0.0005% / 1h39m 16s$267K$60K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago1.47 bp6.5 bp −$67.2 bp −$7212.7 bp −$1,266doesn't fit
Sell Arcus live order book, 64 min ago2.65 bp9.8 bp −$1012.7 bp −$127doesn't fitdoesn'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−0.0613%4h339.71+0.012%$81K$326K20xas long as short
Nado AAPL-PERP−0.0152%1h339.78+0.033%$556K$37K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0074%1h339.61−0.018%$28K$69K10xas long as short
BloFin AAPL-USDT−0.0023%8h339.74+0.021%$342K$167K20xas long as short
Aster AAPLUSDT0.0000%8h339.70+0.008%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.66−0.003%$289K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.75+0.024%$22.1M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.64−0.009%$7.4M$135.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.68+0.003%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.53−0.041%$3.0M$5.3M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.74+0.021%$6.2M$3.6M100xas long as short
Variational Omni AAPL0.0000%8h339.77+0.031%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.72+0.016%$13K$410K10xas long as short
SunX AAPL-USDT0.0000%8h339.74+0.021%$608$4.5M20xas long as short
HTX AAPL-USDT0.0000%8h339.80+0.038%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.80+0.038%$2.1M$7K10xas long as short
QFEX AAPL-USDlong+0.0027%1h339.67long leg$3.2M$4.2M10x
Lighter AAPL+0.0032%1h339.69+0.006%$941K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.68+0.003%$950K$3.5M20xas long as short
Arcus AAPL-USDshort+0.0040%1h339.61−0.018%$267K$60K20x
Vest AAPL-USD-PERP+0.0046%1h339.66−0.003%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.71+0.012%$40.6M$76.1M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.63−0.012%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.69+0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.59−0.024%$1.3M$2.4M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.035%$660K$661K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.51−0.047%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.69+0.006%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.62−0.015%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h339.670.000%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.67−0.001%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.63−0.012%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.83+0.047%$5K$12K20xas long as short