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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against QFEX−0.021%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Deribit is 0.021% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.870.0010pay 0.0001% / 1h2m 32s$3.3M$4.2M10x
ShortDeribit AAPL_USDC-PERPETUAL339.800get 0.0000% / 1h2m 32s$28K$70K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$2.02
Price spread: −0.021% → 0.000%
−$2.06
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$21.08
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 6 min ago; Deribit: no order-book sample. Net counts fees only.

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, 6 min ago1.32 bp6.3 bp −$68.0 bp −$8011.4 bp −$1,140doesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0477%4h339.98+0.033%$81K$327K20xas long as short
Nado AAPL-PERP−0.0017%1h339.86−0.004%$556K$35K20xas long as short
BloFin AAPL-USDT−0.0003%8h339.93+0.018%$346K$166K20xas long as short
Aster AAPLUSDT0.0000%8h339.92+0.015%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.80−0.020%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.90+0.007%$22.1M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.98+0.032%$6.4M$224.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.92+0.015%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.72−0.044%$3.0M$6.7M100xas long as short
Bitget AAPLUSDT0.0000%8h339.92+0.015%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h340.04+0.049%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.04+0.050%$22K$345K10xas long as short
SunX AAPL-USDT0.0000%8h339.86−0.003%$697$4.3M20xas long as short
Deribit AAPL_USDC-PERPETUALshort0.0000%1h339.80−0.021%$28K$70K10x
HTX AAPL-USDT0.0000%8h339.95+0.024%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.98+0.032%$2.1M$7K10xas long as short
QFEX AAPL-USDlong+0.0010%1h339.87long leg$3.3M$4.2M10x
Coinbase International AAPL-PERP-INTX+0.0024%1h339.56−0.091%$660K$652K10xas long as short
Lighter AAPL+0.0032%1h339.89+0.006%$928K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.870.000%$986K$3.3M20xas long as short
Arcus AAPL-USD+0.0040%1h339.82−0.015%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.77−0.029%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.86−0.003%$40.4M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.81−0.018%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.80−0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.64−0.068%$1.3M$2.2M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.82−0.015%$1.4M$96K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.85−0.006%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.84−0.009%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.81−0.018%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0168%1h339.86−0.003%$36K20xas long as short
Phoenix AAPL+0.0212%1h340.09+0.065%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.35+0.141%$192K$44K30xas long as short