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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.690.0023pay 0.0003% / 1h47m 39s$3.2M$4.3M10x
ShortKuCoin AAPLUSDTM339.550.0100get 0.0100% / 8h1h 47m$1.4M$39K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.77 bp6.8 bp −$77.2 bp −$7212.1 bp −$1,206doesn't fit
Sell KuCoin live order book, 8 min ago6.18 bp65.5 bp −$66doesn't fitdoesn'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−0.0869%4h339.71+0.005%$81K$327K20xas long as short
Nado AAPL-PERP−0.0044%1h339.64−0.016%$556K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.65−0.012%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.69−0.001%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.77+0.025%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.75+0.018%$7.0M$106.7M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.74+0.015%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.56−0.038%$3.0M$5.0M100xas long as short
Bitget AAPLUSDT0.0000%8h339.84+0.044%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.73+0.010%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.70+0.003%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.78+0.026%$544$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.60−0.026%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.88+0.056%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.75+0.018%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0022%8h339.79+0.029%$341K$168K20xas long as short
QFEX AAPL-USDlong+0.0023%1h339.69long leg$3.2M$4.3M10x
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.041%$660K$656K10xas long as short
Lighter AAPL+0.0032%1h339.72+0.009%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.71+0.006%$952K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.62−0.021%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.54−0.044%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.690.000%$280K$416K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.690.000%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.44−0.074%$1.3M$2.4M20xas long as short
Hotstuff AAPL-PERP+0.0072%1h339.68−0.003%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0084%1h339.67−0.006%$40.6M$76.6M20xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.55−0.041%$1.4M$39K20x
ApeX Omni AAPLUSDT+0.0100%1h339.64−0.015%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.68−0.003%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.71+0.005%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.87+0.053%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.46−0.068%$191K$44K30xas long as short