Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: Extended against QFEX−0.002%7-day average +0.049% · 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−$25as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now −0.002%, 7d avg +0.049%
=Together, before fees−0.066%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.051% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 338.82 | 0.0030 | pay 0.0004% / 1h | 51m 15s | $3.2M | $4.5M | 10x |
| Short | Extended AAPL_24_5-USD | 338.81 | 0 | get 0.0000% / 1h | 51m 15s | $284K | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$6.35
- Price spread: −0.002% → +0.049%
- −$5.11
- Slippage, 4 orders
- −$5.31
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$31.77
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; Extended: live order book, 2 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, 7 min ago | 1.33 bp | 6.3 bp −$6 | 7.9 bp −$79 | 13.8 bp −$1,376 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.15 bp | 3.8 bp −$4 | 14.0 bp −$140 | 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 | −0.0446% | 4h | 338.80 | −0.007% | $81K | $327K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0163% | 1h | 338.62 | −0.059% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0119% | 1h | 338.82 | +0.001% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | 0.0000% | 8h | 338.91 | +0.027% | $341K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.82 | +0.001% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USDshort | 0.0000% | 1h | 338.81 | −0.002% | $284K | $2.0M | 10x | |
| Binance AAPLUSDT | 0.0000% | 8h | 338.90 | +0.024% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.87 | +0.015% | $7.2M | $58.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.89 | +0.021% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.67 | −0.044% | $3.0M | $4.3M | 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 | 338.94 | +0.035% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.83 | +0.004% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.85 | +0.009% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | +0.027% | $830 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.068% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.98 | +0.047% | $2.1M | $7K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0008% | 1h | 338.74 | −0.024% | $36K | — | 20x | as long as short |
| QFEX AAPL-USDlong | +0.0030% | 1h | 338.82 | long leg | $3.2M | $4.5M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 338.77 | −0.014% | $782K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.78 | −0.012% | $945K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.72 | −0.030% | $266K | $65K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.68 | −0.041% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.78 | −0.012% | $40.5M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.78 | −0.012% | $278K | $405K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.73 | −0.027% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.65 | −0.050% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | −0.012% | $659K | $652K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.62 | −0.059% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.72 | −0.030% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.78 | −0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.78 | −0.012% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.63 | −0.056% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 338.85 | +0.009% | $5K | $11K | 20x | as long as short |
Extended AAPL_24_5-USD
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
BloFin AAPL-USDT
Aster AAPLUSDT
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