Funding you earn now, next payment 01:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h −0.016%
Price spread now: Nado against QFEX−0.043%7-day average −0.013% · 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−$41as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now −0.043%, 7d avg −0.013%
=Together, before fees−0.030%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.030% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 338.89 | 0.0059 | pay 0.0007% / 1h | 32m 43s | $3.2M | $5.1M | 10x |
| Short | Nado AAPL-PERP | 338.74 | −0.0023 | pay 0.0003% / 1h | 32m 43s | $556K | $36K | 20x |
QFEX AAPL-USD
Nado AAPL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$17.1
- Price spread: −0.043% → −0.013%
- −$2.98
- Slippage, 4 orders
- −$21.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$58.23
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Nado: live order book, 40 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 | 1.33 bp | 6.3 bp −$6 | 6.3 bp −$63 | 12.3 bp −$1,233 | doesn't fit |
| Sell Nado live order book, 40 min ago | 0.15 bp | 12.5 bp −$13 | 31.6 bp −$316 | 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 | −0.0386% | 4h | 338.84 | −0.014% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERPshort | −0.0023% | 1h | 338.74 | −0.043% | $556K | $36K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 338.96 | +0.019% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.89 | 0.000% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.85 | −0.012% | $6.4M | $6.5M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.68 | −0.062% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | +0.012% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.88 | −0.003% | $715 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.68 | −0.062% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.032% | $53K | $225K | 30x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.018% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.76 | −0.038% | $770K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.81 | −0.024% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.64 | −0.074% | — | $52K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.79 | −0.030% | $40.8M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.69 | −0.059% | $263K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.79 | −0.030% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.57 | −0.094% | $1.4M | $2.5M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0052% | 8h | 338.90 | +0.003% | $6.2M | $3.4M | 100x | as long as short |
| QFEX AAPL-USDlong | +0.0059% | 1h | 338.89 | long leg | $3.2M | $5.1M | 10x | |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 338.79 | −0.030% | $36K | — | 20x | as long as short |
| Variational Omni AAPL | +0.0090% | 8h | 338.94 | +0.013% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.60 | −0.086% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.66 | −0.068% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.83 | −0.018% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.82 | −0.022% | $11K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.83 | −0.018% | $286K | $2.4M | 10x | as long as short |
| Binance AAPLUSDT | +0.0112% | 8h | 338.89 | +0.001% | $22.2M | $66.7M | 25x | as long as short |
| BloFin AAPL-USDT | +0.0114% | 8h | 338.91 | +0.006% | $347K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.77 | −0.035% | $659K | $663K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | −0.071% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.96 | +0.021% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.81 | −0.024% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Bitget AAPLUSDT
Hotstuff AAPL-PERP
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Extended AAPL_24_5-USD
Binance AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD