AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.009%

Price spread now: QFEX against Coinbase International+0.133%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on Coinbase International Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.031%−$3 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.133%, 7d avg +0.046%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.087% dearer against Coinbase International than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.046%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 4 days (−0.031% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AAPL-PERP-INTX	338.78	0.0096	pay 0.0012% / 1h	15m 58s	$661K	$656K	10x
Short	QFEX AAPL-USD	339.23	0.0030	get 0.0004% / 1h	15m 58s	$3.2M	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee QFEXbpOrdersPrice spread, now +0.133%Rate

Funding earned: −$13.81
Price spread: +0.133% → +0.046%: $8.66
Slippage, 4 orders: −$7.97
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$33.11
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 37 min ago; QFEX: live order book, 8 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 Coinbase International live order book, 37 min ago	2.07 bp	8.4 bp −$8	10.9 bp −$109	doesn't fit	doesn't fit
Sell QFEX live order book, 8 min ago	1.18 bp	6.2 bp −$6	6.9 bp −$69	12.2 bp −$1,222	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	−0.0384%	4h	339.22	+0.131%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0082%	1h	339.33	+0.161%	$555K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0017%	8h	339.38	+0.177%	$341K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.30	+0.155%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.22	+0.131%	$287K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.32	+0.159%	$21.9M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.29	+0.151%	$5.8M	$70.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.35	+0.168%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.04	+0.077%	$3.0M	$4.5M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.37	+0.174%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.31	+0.158%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.26	+0.141%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.30	+0.153%	$709	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.24	+0.136%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.44	+0.195%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.35	+0.168%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USDshort	+0.0030%	1h	339.23	+0.133%	$3.2M	$4.5M	10x
Lighter AAPL	+0.0032%	1h	339.22	+0.130%	$781K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.22	+0.130%	$939K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.12	+0.100%	$266K	$61K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.12	+0.100%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.18	+0.118%	$40.5M	$76.1M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.24	+0.136%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.22	+0.130%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.08	+0.089%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTXlong	+0.0096%	1h	338.78	long leg	$661K	$656K	10x
KuCoin AAPLUSDTM	+0.0100%	8h	339.29	+0.151%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.23	+0.133%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.20	+0.124%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.21	+0.127%	$11K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0112%	1h	339.22	+0.130%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.02	+0.071%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	339.31	+0.156%	$5K	$11K	20x	as long as short