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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.059%
Price spread now: Injective against QFEX+0.271%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.221%+$22 on $10k
Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.271%, 7d avg +0.080%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.191% dearer against QFEX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.690.0027pay 0.0003% / 1h39m 55s$3.2M$4.2M10x
ShortInjective AAPL/USDC PERP340.610.0220get 0.0028% / 1h39m 55s$192K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$40.5
Price spread: +0.271% → +0.080%
$19.06
Slippage, 4 orders
−$22.6
Fee QFEX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$26.95
Costs to cover
0.326%
Break-even
2.3 days
Slippage from QFEX: live order book, 4 min ago; Injective: live order book, 64 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, 4 min ago1.47 bp6.5 bp −$67.2 bp −$7212.7 bp −$1,266doesn't fit
Sell Injective live order book, 64 min ago7.95 bp11.7 bp −$1211.8 bp −$118doesn'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−0.0167%4h339.70+0.004%$81K$326K20xas long as short
Nado AAPL-PERP−0.0149%1h339.73+0.013%$556K$37K20xas long as short
BloFin AAPL-USDT−0.0008%8h339.74+0.015%$342K$167K20xas long as short
Aster AAPLUSDT0.0000%8h339.66−0.009%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.68−0.004%$289K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.73+0.013%$22.1M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.64−0.015%$6.1M$134.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.73+0.012%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.53−0.047%$3.0M$5.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.74+0.015%$6.2M$3.6M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.77+0.025%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.71+0.007%$13K$410K10xas long as short
SunX AAPL-USDT0.0000%8h339.76+0.021%$547$4.5M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.61−0.024%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h339.82+0.038%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.82+0.038%$2.1M$7K10xas long as short
QFEX AAPL-USDlong+0.0027%1h339.69long leg$3.2M$4.2M10x
Lighter AAPL+0.0032%1h339.67−0.006%$941K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.66−0.009%$950K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.61−0.024%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.66−0.009%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.67−0.006%$40.6M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.66−0.009%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.690.000%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.59−0.029%$1.3M$2.4M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.041%$660K$661K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.48−0.062%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.66−0.009%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.60−0.026%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h339.74+0.015%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.66−0.008%$11K$10210xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h340.61+0.271%$192K$44K30x
Phoenix AAPL+0.0259%1h339.88+0.056%$5K$12K20xas long as short