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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h −0.008%
Price spread now: QFEX against SoDEX+0.029%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. QFEX is 0.029% dearer against SoDEX than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AAPL-USD339.710.0050pay 0.0006% / 1h23m 57s$75K$3K10x
ShortQFEX AAPL-USD339.810.0010get 0.0001% / 1h23m 57s$3.3M$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against SoDEX. 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
−$8.48
Price spread: +0.029% → 0.000%
$2.94
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$23.54
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell QFEX live order book, 10 min ago1.47 bp6.5 bp −$68.0 bp −$8012.5 bp −$1,254doesn't fit
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0936%4h339.93+0.064%$81K$325K20xas long as short
Nado AAPL-PERP−0.0033%1h339.69−0.006%$556K$36K20xas long as short
BloFin AAPL-USDT−0.0025%8h340.02+0.091%$347K$166K20xas long as short
Aster AAPLUSDT0.0000%8h339.81+0.028%$121K$294K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.77+0.017%$286K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.81+0.029%$22.1M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.82+0.032%$7.7M$199.7M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.74+0.009%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.67−0.012%$3.0M$5.8M100xas long as short
Bitget AAPLUSDT0.0000%8h339.81+0.029%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.90+0.057%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.03+0.094%$22K$345K10xas long as short
SunX AAPL-USDT0.0000%8h339.86+0.044%$727$4.3M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.67−0.012%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h339.94+0.068%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h340.04+0.097%$2.1M$7K10xas long as short
QFEX AAPL-USDshort+0.0010%1h339.81+0.029%$3.3M$4.2M10x
Coinbase International AAPL-PERP-INTX+0.0024%1h340.14+0.127%$662K$653K10xas long as short
Lighter AAPL+0.0032%1h339.78+0.019%$931K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.77+0.018%$979K$3.3M20xas long as short
Arcus AAPL-USD+0.0040%1h339.69−0.006%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.73+0.006%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.66−0.015%$40.4M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.61−0.029%$279K$350K10xas long as short
SoDEX AAPL-USDlong+0.0050%1h339.71long leg$75K$3K10x
Ondo Perps AAPL-USD.P+0.0050%1h339.61−0.029%$1.3M$2.3M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.75+0.012%$1.4M$87K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.94+0.068%$950K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.74+0.009%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.73+0.007%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0176%1h339.68−0.009%$36K20xas long as short
Phoenix AAPL+0.0212%1h339.97+0.077%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.53+0.241%$192K$44K30xas long as short