Funding you earn now, next payment 02:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.007%
Price spread now: QFEX against Gate+0.024%7-day average +0.017% · 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−$40as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now +0.024%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 339.05 | 0 | get 0.0000% / 8h | 6h 15m | $3.0M | $4.2M | 100x |
| Short | QFEX AAPL-USD | 339.13 | 0.0028 | get 0.0003% / 1h | 15m 42s | $3.2M | $4.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $5.81
- Price spread: +0.024% → +0.017%
- $0.67
- Slippage, 4 orders
- −$15.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$34.06
- Costs to cover
- 0.405%
- Break-even
- 48.0 days
Slippage from Gate: live order book, 2 min ago; QFEX: live order book, 3 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 Gate live order book, 2 min ago | 1.33 bp | 12.1 bp −$12 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 2.21 bp | 7.2 bp −$7 | 7.2 bp −$72 | 12.3 bp −$1,230 | doesn't fit |
AAPL on 32 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 | −0.0302% | 4h | 339.12 | +0.020% | $81K | $327K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0192% | 1h | 338.98 | −0.021% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0083% | 1h | 339.18 | +0.039% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.15 | +0.028% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.26 | +0.062% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.26 | +0.062% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 339.05 | long leg | $3.0M | $4.2M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.26 | +0.062% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.16 | +0.034% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.22 | +0.050% | $566 | $4.7M | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.06 | +0.003% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.25 | +0.059% | $2.1M | $6K | 10x | as long as short |
| Variational Omni AAPL | +0.0002% | 8h | 339.24 | +0.055% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USDshort | +0.0028% | 1h | 339.13 | +0.024% | $3.2M | $4.9M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 339.08 | +0.008% | $782K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.13 | +0.024% | $950K | $3.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.0035% | 8h | 339.22 | +0.051% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0040% | 1h | 339.11 | +0.018% | $288K | $2.0M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 339.17 | +0.035% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.09 | +0.012% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.11 | +0.018% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.93 | −0.035% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.21 | +0.047% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.99 | −0.018% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0055% | 1h | 339.17 | +0.035% | $40.8M | $75.7M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.05 | 0.000% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.16 | +0.032% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.09 | +0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.12 | +0.021% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.159% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.92 | −0.038% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.30 | +0.074% | $5K | $11K | 20x | as long as short |
Gate AAPL_USDT
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Variational Omni AAPL
Lighter AAPL
Lighter RH AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL