Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against QFEX+0.026%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−$21as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.026%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.072% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 340.05 | 0.0010 | pay 0.0001% / 1h | 37m 15s | $3.2M | $4.2M | 10x |
| Short | Coinbase International AAPL-PERP-INTX | 340.14 | 0.0024 | get 0.0003% / 1h | 37m 15s | $662K | $660K | 10x |
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against QFEX. 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
- $3.02
- Price spread: +0.026% → −0.046%
- $7.24
- Slippage, 4 orders
- −$8.66
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$18.4
- Costs to cover
- 0.287%
- Break-even
- 49.6 days
Slippage from QFEX: live order book, 6 min ago; Coinbase International: live order book, 61 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 QFEX live order book, 6 min ago | 1.03 bp | 6.0 bp −$6 | 7.0 bp −$70 | 10.6 bp −$1,056 | doesn't fit |
| Sell Coinbase International live order book, 61 min ago | 2.50 bp | 8.4 bp −$8 | 10.9 bp −$109 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AAPL-PERP | −0.0018% | 1h | 339.97 | −0.023% | $556K | $36K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0013% | 8h | 340.20 | +0.044% | $345K | $166K | 20x | as long as short |
| edgeX AAPLUSDC | −0.0011% | 4h | 340.24 | +0.054% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.04 | −0.004% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 340.07 | +0.006% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.16 | +0.032% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.17 | +0.035% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.97 | −0.024% | $3.0M | $5.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.18 | +0.038% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.07 | +0.007% | $2.5M | $1.2M | — | as long as short |
Nado AAPL-PERP
BloFin AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.34 | +0.085% | $13K | $350K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.19 | +0.041% | $541 | $4.3M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.26 | +0.062% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.20 | +0.044% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USDlong | +0.0010% | 1h | 340.05 | long leg | $3.2M | $4.2M | 10x | |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 340.04 | −0.003% | $28K | $69K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 340.01 | −0.012% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0024% | 1h | 340.14 | +0.026% | $662K | $660K | 10x | |
| Lighter AAPL | +0.0032% | 1h | 340.10 | +0.016% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 340.08 | +0.009% | $968K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 340.09 | +0.012% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.92 | −0.038% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | −0.050% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.00 | −0.015% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 340.00 | −0.015% | $1.3M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0065% | 1h | 339.99 | −0.018% | $40.4M | $76.6M | 20x | as long as short |
| Bybit AAPLUSDT | +0.0085% | 8h | 340.22 | +0.050% | $7.6M | $189.3M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 340.02 | −0.009% | $1.4M | $76K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.97 | −0.024% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 340.07 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 340.08 | +0.008% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.16 | +0.032% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.80 | +0.221% | $192K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
Hotstuff AAPL-PERP
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Bybit AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP