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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.021%
Price spread now: BloFin against QFEX+0.009%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.090%+$9 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.009%, 7d avg +0.023%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.010.0049pay 0.0006% / 1h6m 58s$3.2M$5.0M10x
ShortBloFin AAPL-USDT339.040.0013get 0.0013% / 8h2h 06m$353K$165K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.46
Price spread: +0.009% → +0.023%
−$1.39
Slippage, 4 orders
−$4.39
Fee QFEX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.25
Costs to cover
0.264%
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; BloFin: live order book, 13 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, 7 min ago1.18 bp6.2 bp −$66.9 bp −$6911.8 bp −$1,181doesn't fit
Sell BloFin live order book, 13 min ago0.29 bp6.7 bp −$710.4 bp −$10422.9 bp −$2,294doesn'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−0.0706%4h339.06+0.016%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.08+0.021%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.97−0.011%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.010.000%$22.3M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.05+0.012%$6.2M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.96−0.015%$6.6M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.83−0.053%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.03+0.006%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.07+0.018%$2.5M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.01+0.001%$14K$510K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.00−0.003%$475$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.77−0.071%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.13+0.035%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.12+0.032%$2.1M$7K10xas long as short
BloFin AAPL-USDTshort+0.0013%8h339.04+0.009%$353K$165K20x
Lighter AAPL+0.0032%1h338.90−0.033%$761K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.95−0.018%$973K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.67−0.100%$43K25xas long as short
QFEX AAPL-USDlong+0.0049%1h339.01long leg$3.2M$5.0M10x
Polymarket Perps AAPL-USD+0.0050%1h338.73−0.083%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.98−0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.72−0.086%$1.4M$2.3M20xas long as short
Nado AAPL-PERP+0.0086%1h338.75−0.077%$556K$35K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.77−0.071%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.68−0.097%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.95−0.018%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.98−0.009%$11K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.98−0.009%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0144%1h339.00−0.003%$661K$675K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.83+0.242%$191K$44K30xas long as short
tradeXYZ xyz:AAPL+0.0221%1h339.00−0.003%$41.0M$77.0M20xas long as short
Phoenix AAPL+0.0283%1h339.08+0.021%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.98−0.009%$270K$69K20xas long as short