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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against QFEX0.000%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.022%+$2 on $10k
Price spread, last 7 days−0.055%−$5 · spread now 0.000%, 7d avg −0.061%
Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.061% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.140.0030pay 0.0004% / 1h7m 38s$3.2M$4.4M10x
ShorttradeXYZ xyz:AAPL339.140.0050get 0.0006% / 1h7m 38s$40.5M$76.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$4.15
Price spread: 0.000% → −0.061%
$6.07
Slippage, 4 orders
−$4.05
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$21.83
Costs to cover
0.320%
Break-even
43.8 days
Slippage from QFEX: live order book, 6 min ago; tradeXYZ: live order book, 11 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 ago0.74 bp5.7 bp −$65.7 bp −$5711.6 bp −$1,159doesn't fit
Sell tradeXYZ live order book, 11 min ago0.29 bp9.8 bp −$1012.1 bp −$121doesn'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−0.0405%4h339.17+0.008%$81K$327K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0104%1h339.09−0.015%$28K$67K10xas long as short
Nado AAPL-PERP−0.0095%1h339.19+0.015%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.26+0.036%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.17+0.009%$282K$1.4M10xas long as short
Binance AAPLUSDT0.0000%8h339.26+0.036%$22.0M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.19+0.015%$5.8M$71.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.26+0.035%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.99−0.044%$3.0M$4.5M100xas long as short
Bitget AAPLUSDT0.0000%8h339.28+0.041%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.27+0.040%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.29+0.043%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.26+0.035%$774$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.38+0.071%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.34+0.059%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0019%8h339.21+0.021%$340K$168K20xas long as short
QFEX AAPL-USDlong+0.0030%1h339.14long leg$3.2M$4.4M10x
Lighter AAPL+0.0032%1h339.15+0.003%$802K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h339.16+0.006%$939K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.07−0.021%$266K$61K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.10−0.012%$45K25xas long as short
tradeXYZ xyz:AAPLshort+0.0050%1h339.140.000%$40.5M$76.1M20x
Polymarket Perps AAPL-USD+0.0050%1h339.13−0.003%$278K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.15+0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.91−0.068%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h339.12−0.006%$661K$656K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.28+0.041%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.21+0.021%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.12−0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.14+0.001%$11K10xas long as short
Hotstuff AAPL-PERP+0.0120%1h339.15+0.003%$36K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.05−0.027%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.26+0.035%$5K$11K20xas long as short