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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.023%
Price spread now: ApeX Omni against QFEX−0.047%56s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.100%+$10 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.047%, 7d avg −0.003%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.044% cheaper against QFEX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.003%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.780.0031pay 0.0004% / 1h16m 18s$3.2M$4.3M10x
ShortApeX Omni AAPLUSDT339.620.0100get 0.0013% / 1h16m 18s$949K$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$14.53
Price spread: −0.047% → −0.003%
−$4.44
Slippage, 4 orders
−$8.21
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$18.12
Costs to cover
0.282%
Break-even
15.7 days
Slippage from QFEX: live order book, 5 min ago; ApeX Omni: live order book, 1 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 QFEX live order book, 5 min ago1.62 bp6.6 bp −$76.6 bp −$6610.8 bp −$1,084doesn't fit
Sell ApeX Omni live order book, 1 min ago2.36 bp7.6 bp −$89.1 bp −$91doesn't fitdoesn't fit

AAPL on 33 exchanges

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−0.0188%4h339.62−0.046%$81K$327K20xas long as short
Nado AAPL-PERP−0.0008%1h339.64−0.040%$556K$30K20xas long as short
BloFin AAPL-USDT−0.0005%8h339.79+0.003%$348K$166K20xas long as short
Aster AAPLUSDT0.0000%8h339.65−0.038%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.72−0.017%$288K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.83+0.013%$22.1M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h339.83+0.015%$6.5M$251.5M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.77−0.003%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h339.61−0.050%$3.0M$7.0M100xas long as short
Bitget AAPLUSDT0.0000%8h339.77−0.003%$6.2M$3.5M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.70−0.022%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.74−0.012%$13K$348K10xas long as short
SunX AAPL-USDT0.0000%8h339.83+0.015%$673$4.2M20xas long as short
HTX AAPL-USDT0.0000%8h339.97+0.056%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.80+0.006%$2.1M$7K10xas long as short
Hotstuff AAPL-PERP+0.0008%1h339.65−0.038%$36K20xas long as short
QFEX AAPL-USDlong+0.0031%1h339.78long leg$3.2M$4.3M10x
Lighter AAPL+0.0032%1h339.74−0.013%$931K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.71−0.021%$1.0M$3.2M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.55−0.068%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.69−0.026%$279K$349K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.70−0.024%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.47−0.091%$1.3M$2.2M20xas long as short
tradeXYZ xyz:AAPL+0.0051%1h339.65−0.038%$40.4M$76.4M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0056%1h339.60−0.053%$663K$652K10xas long as short
Arcus AAPL-USD+0.0082%1h339.64−0.041%$267K$52K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.49−0.085%$1.4M$136K20xas long as short
ApeX Omni AAPLUSDTshort+0.0100%1h339.62−0.047%$949K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.67−0.032%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.61−0.051%$11K$10210xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0162%1h339.73−0.015%$28K$70K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.03+0.074%$191K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.79+0.003%$5K$12K20xas long as short