Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.007%

Price spread now: Aster against QFEX+0.007%7-day average +0.021% · 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−$53as in the Price arb table

costs, in and out, $10k−$520.516% of the position

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.007%, 7d avg +0.021%

Together, before fees+0.050%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$1 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	40m 52s	$3.2M	$4.2M	10x
Short	Aster AAPLUSDT	339.69	0	get 0.0000% / 8h	40m 52s	$121K	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee QFEXbpFee AsterbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$5.7
Price spread: +0.007% → +0.021%: −$1.45
Slippage, 4 orders: −$33.59
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$58.73
Costs to cover: 0.516%
Break-even: never at this rate

Slippage from QFEX: live order book, 8 min ago; Aster: live order book, 61 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, 8 min ago	1.47 bp	6.5 bp −$6	7.2 bp −$72	12.7 bp −$1,266	doesn't fit
Sell Aster live order book, 61 min ago	3.24 bp	17.5 bp −$17	161.1 bp −$1,611	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	−0.0167%	4h	339.70	+0.010%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0147%	1h	339.75	+0.024%	$556K	$37K	20x	as long as short
BloFin AAPL-USDT	−0.0008%	8h	339.74	+0.021%	$342K	$167K	20x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	339.69	+0.007%	$121K	$292K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.68	+0.002%	$289K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.77	+0.029%	$22.1M	$67.4M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.70	+0.009%	$6.1M	$132.8M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.73	+0.018%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.57	−0.029%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.76	+0.026%	$6.2M	$3.6M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
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	339.71	+0.013%	$13K	$410K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.76	+0.026%	$646	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.67	0.000%	$28K	$69K	10x	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	339.81	+0.041%	$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	339.71	+0.011%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.70	+0.009%	$950K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.61	−0.018%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.66	−0.003%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.72	+0.015%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.72	+0.015%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.64	−0.009%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.73	+0.018%	$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	339.66	−0.003%	$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
Aevo AAPL-PERP	+0.0104%	1h	339.67	0.000%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.61	+0.277%	$192K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.88	+0.062%	$5K	$12K	20x	as long as short