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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD338.820.0030pay 0.0004% / 1h51m 15s$3.2M$4.5M10x
ShortExtended AAPL_24_5-USD338.810get 0.0000% / 1h51m 15s$284K$2.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.33 bp6.3 bp −$67.9 bp −$7913.8 bp −$1,376doesn't fit
Sell Extended live order book, 2 min ago0.15 bp3.8 bp −$414.0 bp −$140doesn'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−0.0446%4h338.80−0.007%$81K$327K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0163%1h338.62−0.059%$28K$67K10xas long as short
Nado AAPL-PERP−0.0119%1h338.82+0.001%$554K$38K20xas long as short
BloFin AAPL-USDT0.0000%8h338.91+0.027%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h338.82+0.001%$121K$292K20xas long as short
Extended AAPL_24_5-USDshort0.0000%1h338.81−0.002%$284K$2.0M10x
Binance AAPLUSDT0.0000%8h338.90+0.024%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h338.87+0.015%$7.2M$58.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.89+0.021%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.67−0.044%$3.0M$4.3M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h338.94+0.035%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.83+0.004%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.85+0.009%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h338.91+0.027%$830$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.05+0.068%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.98+0.047%$2.1M$7K10xas long as short
Hotstuff AAPL-PERP+0.0008%1h338.74−0.024%$36K20xas long as short
QFEX AAPL-USDlong+0.0030%1h338.82long leg$3.2M$4.5M10x
Lighter AAPL+0.0032%1h338.77−0.014%$782K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.78−0.012%$945K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.72−0.030%$266K$65K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.68−0.041%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.78−0.012%$40.5M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.78−0.012%$278K$405K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.73−0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.65−0.050%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.012%$659K$652K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.62−0.059%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.72−0.030%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.78−0.012%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.78−0.012%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.63−0.056%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h338.85+0.009%$5K$11K20xas long as short