Funding you earn now, next payment 07:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.031%
Price spread now: KuCoin against QFEX−0.041%7-day average −0.031% · 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−$134as in the Price arb table
costs, in and out, $10k−$1331.325% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.041%, 7d avg −0.031%
=The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 339.69 | 0.0023 | pay 0.0003% / 1h | 47m 39s | $3.2M | $4.3M | 10x |
| Short | KuCoin AAPLUSDTM | 339.55 | 0.0100 | get 0.0100% / 8h | 1h 47m | $1.4M | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $16.2
- Price spread: −0.041% → −0.031%
- −$1
- Slippage, 4 orders
- −$110.55
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$117.35
- Costs to cover
- 1.325%
- Break-even
- 57.7 days
Slippage from QFEX: live order book, 6 min ago; KuCoin: live order book, 8 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, 6 min ago | 1.77 bp | 6.8 bp −$7 | 7.2 bp −$72 | 12.1 bp −$1,206 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 6.18 bp | 65.5 bp −$66 | doesn't fit | 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 | −0.0869% | 4h | 339.71 | +0.005% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0044% | 1h | 339.64 | −0.016% | $556K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.65 | −0.012% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.69 | −0.001% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.77 | +0.025% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.75 | +0.018% | $7.0M | $106.7M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.74 | +0.015% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.56 | −0.038% | $3.0M | $5.0M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.84 | +0.044% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.73 | +0.010% | $2.4M | $1.4M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.70 | +0.003% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.78 | +0.026% | $544 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.60 | −0.026% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.88 | +0.056% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.75 | +0.018% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 339.79 | +0.029% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USDlong | +0.0023% | 1h | 339.69 | long leg | $3.2M | $4.3M | 10x | |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | −0.041% | $660K | $656K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.72 | +0.009% | $908K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.71 | +0.006% | $952K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.62 | −0.021% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.54 | −0.044% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.69 | 0.000% | $280K | $416K | 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 | 339.44 | −0.074% | $1.3M | $2.4M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 339.68 | −0.003% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0084% | 1h | 339.67 | −0.006% | $40.6M | $76.6M | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.55 | −0.041% | $1.4M | $39K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.64 | −0.015% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.68 | −0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.71 | +0.005% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.87 | +0.053% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.46 | −0.068% | $191K | $44K | 30x | as long as short |
KuCoin AAPLUSDTM
edgeX AAPLUSDC
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
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP