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−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against tradeXYZ+0.012%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as 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+0.039%+$4 · spread now +0.012%, 7d avg +0.060%
Together, before fees+0.016%+ Points / potential airdroptradeXYZ: Active · farm board+$2 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 QFEX is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AAPL339.610.0090pay 0.0011% / 1h52m 43s$40.6M$76.6M20x
ShortQFEX AAPL-USD339.650.0023get 0.0003% / 1h52m 43s$3.2M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against tradeXYZ. 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
−$14.06
Price spread: +0.012% → +0.060%
−$4.85
Slippage, 4 orders
−$4.04
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$50.95
Costs to cover
0.320%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; QFEX: live order book, 6 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 tradeXYZ live order book, 6 min ago0.15 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago1.33 bp6.3 bp −$67.2 bp −$7213.5 bp −$1,346doesn'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−0.0978%4h339.57−0.012%$81K$326K20xas long as short
Nado AAPL-PERP−0.0065%1h339.53−0.024%$555K$38K20xas long as short
BloFin AAPL-USDT−0.0015%8h339.72+0.032%$341K$168K20xas long as short
Hotstuff AAPL-PERP−0.0008%1h339.60−0.003%$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.55−0.019%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.63+0.005%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.72+0.032%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.66+0.015%$7.0M$103.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.68+0.021%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.44−0.050%$3.0M$4.9M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.77+0.047%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.65+0.013%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.64+0.009%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.71+0.029%$775$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.56−0.015%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.80+0.056%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.74+0.038%$2.1M$7K10xas long as short
QFEX AAPL-USDshort+0.0023%1h339.65+0.012%$3.2M$4.3M10x
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.018%$660K$657K10xas long as short
Lighter AAPL+0.0032%1h339.56−0.015%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.57−0.012%$951K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.55−0.018%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.46−0.044%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.60−0.003%$280K$416K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.610.000%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.48−0.038%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPLlong+0.0090%1h339.61long leg$40.6M$76.6M20x
KuCoin AAPLUSDTM+0.0100%8h339.40−0.062%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.47−0.041%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.59−0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.60−0.002%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.77+0.047%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.39−0.065%$191K$44K30xas long as short