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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against Lighter RH−0.006%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$170.166% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.022%−$2 on $10k
Price spread, last 7 days+0.010%+$1 · spread now −0.006%, 7d avg −0.001%
Together, before fees−0.012%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL338.690.0032pay 0.0004% / 1h22m 37s$956K$3.6M20x
ShortQFEX AAPL-USD338.670.0059get 0.0007% / 1h22m 37s$3.2M$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Lighter RH. 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
$5.64
Price spread: −0.006% → −0.001%
−$0.49
Slippage, 4 orders
−$6.55
Fee Lighter RH: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$11.39
Costs to cover
0.166%
Break-even
21.1 days
Slippage from Lighter RH: 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 Lighter RH live order book, 6 min ago1.62 bp1.7 bp −$25.8 bp −$5846.4 bp −$4,640doesn't fit
Sell QFEX live order book, 6 min ago1.33 bp6.3 bp −$67.2 bp −$7212.1 bp −$1,210doesn'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−0.0622%4h338.78+0.026%$81K$325K20xas long as short
Nado AAPL-PERP−0.0017%1h338.54−0.044%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.78+0.026%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.74+0.015%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.74+0.015%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.52−0.050%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.87+0.055%$17K$489K10xas long as short
SunX AAPL-USDT0.0000%8h338.71+0.006%$491$4.7M20xas long as short
HTX AAPL-USDT0.0000%8h338.82+0.038%$52K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.76+0.021%$2.1M$6K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP+0.0024%1h338.65−0.012%$36K20xas long as short
Bitget AAPLUSDT+0.0029%8h338.74+0.015%$6.2M$3.4M100xas long as short
Lighter AAPL+0.0032%1h338.63−0.016%$770K$2.3M20xas long as short
Lighter RH AAPLlong+0.0032%1h338.69long leg$956K$3.6M20x
Deribit AAPL_USDC-PERPETUAL+0.0045%1h338.63−0.018%$28K$66K10xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.40−0.086%$47K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.66−0.009%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.49−0.059%$263K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.62−0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.51−0.053%$1.4M$2.4M20xas long as short
QFEX AAPL-USDshort+0.0059%1h338.67−0.006%$3.2M$5.0M10x
Variational Omni AAPL+0.0083%8h338.82+0.040%$2.4M$1.4Mas long as short
KuCoin AAPLUSDTM+0.0100%8h338.61−0.024%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.63−0.018%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.66−0.009%$4K10xas long as short
Extended AAPL_24_5-USD+0.0104%1h338.69+0.001%$286K$2.2M10xas long as short
Aevo AAPL-PERP+0.0104%1h338.65−0.012%$10K10xas long as short
Binance AAPLUSDT+0.0106%8h338.74+0.015%$22.2M$66.7M25xas long as short
BloFin AAPL-USDT+0.0126%8h338.83+0.041%$347K$169K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.61−0.024%$655K$667K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.58−0.032%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.90+0.062%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.690.000%$269K$70K20xas long as short