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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAPL_USDT339.050get 0.0000% / 8h6h 15m$3.0M$4.2M100x
ShortQFEX AAPL-USD339.130.0028get 0.0003% / 1h15m 42s$3.2M$4.9M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago1.33 bp12.1 bp −$1224.8 bp −$248doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago2.21 bp7.2 bp −$77.2 bp −$7212.3 bp −$1,230doesn't fit

AAPL on 32 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−0.0302%4h339.12+0.020%$81K$327K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0192%1h338.98−0.021%$28K$67K10xas long as short
Nado AAPL-PERP−0.0083%1h339.18+0.039%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.15+0.028%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.26+0.062%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.26+0.062%$6.3M$6.7M25xas long as short
Gate AAPL_USDTlong0.0000%8h339.05long leg$3.0M$4.2M100x
Bitget AAPLUSDT0.0000%8h339.26+0.062%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.16+0.034%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.22+0.050%$566$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.06+0.003%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.25+0.059%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0002%8h339.24+0.055%$2.4M$1.4Mas long as short
QFEX AAPL-USDshort+0.0028%1h339.13+0.024%$3.2M$4.9M10x
Lighter AAPL+0.0032%1h339.08+0.008%$782K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.13+0.024%$950K$3.5M20xas long as short
Binance AAPLUSDT+0.0035%8h339.22+0.051%$22.3M$66.9M25xas long as short
Extended AAPL_24_5-USD+0.0040%1h339.11+0.018%$288K$2.0M10xas long as short
Hotstuff AAPL-PERP+0.0040%1h339.17+0.035%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.09+0.012%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.11+0.018%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.93−0.035%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.21+0.047%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.99−0.018%$1.4M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0055%1h339.17+0.035%$40.8M$75.7M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.050.000%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.16+0.032%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.09+0.012%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.12+0.021%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.159%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.92−0.038%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.30+0.074%$5K$11K20xas long as short