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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 339.69 | 0.0027 | pay 0.0003% / 1h | 39m 55s | $3.2M | $4.2M | 10x |
| Short | Injective AAPL/USDC PERP | 340.61 | 0.0220 | get 0.0028% / 1h | 39m 55s | $192K | $44K | 30x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 4 min ago | 1.47 bp | 6.5 bp −$6 | 7.2 bp −$72 | 12.7 bp −$1,266 | doesn't fit |
| Sell Injective live order book, 64 min ago | 7.95 bp | 11.7 bp −$12 | 11.8 bp −$118 | 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 | −0.0167% | 4h | 339.70 | +0.004% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0149% | 1h | 339.73 | +0.013% | $556K | $37K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0008% | 8h | 339.74 | +0.015% | $342K | $167K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.66 | −0.009% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.68 | −0.004% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.73 | +0.013% | $22.1M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.64 | −0.015% | $6.1M | $134.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.73 | +0.012% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.53 | −0.047% | $3.0M | $5.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.74 | +0.015% | $6.2M | $3.6M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.77 | +0.025% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.71 | +0.007% | $13K | $410K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.76 | +0.021% | $547 | $4.5M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.61 | −0.024% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.82 | +0.038% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.82 | +0.038% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USDlong | +0.0027% | 1h | 339.69 | long leg | $3.2M | $4.2M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 339.67 | −0.006% | $941K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.66 | −0.009% | $950K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.61 | −0.024% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.66 | −0.009% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.67 | −0.006% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | −0.009% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.69 | 0.000% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.59 | −0.029% | $1.3M | $2.4M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.041% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.48 | −0.062% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.66 | −0.009% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.60 | −0.026% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 339.74 | +0.015% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.66 | −0.008% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 340.61 | +0.271% | $192K | $44K | 30x | |
| Phoenix AAPL | +0.0259% | 1h | 339.88 | +0.056% | $5K | $12K | 20x | as long as short |
Injective AAPL/USDC PERP
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
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
Phoenix AAPL