Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Nado against QFEX−0.040%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 3 days (all we have)−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.040%, 7d avg −0.014%
=Together, before fees−0.040%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.027% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 339.67 | 0.0023 | pay 0.0003% / 1h | 39m 35s | $3.2M | $4.3M | 10x |
| Short | Nado AAPL-PERP | 339.53 | −0.0044 | pay 0.0006% / 1h | 39m 35s | $555K | $38K | 20x |
QFEX AAPL-USD
Nado AAPL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$14.07
- Price spread: −0.040% → −0.014%
- −$2.67
- Slippage, 4 orders
- −$26.27
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$60.01
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Nado: 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 QFEX live order book, 4 min ago | 1.47 bp | 6.5 bp −$6 | 6.9 bp −$69 | 12.3 bp −$1,226 | doesn't fit |
| Sell Nado live order book, 3 min ago | 1.03 bp | 15.4 bp −$15 | 48.1 bp −$481 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0667% | 4h | 339.70 | +0.010% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERPshort | −0.0044% | 1h | 339.53 | −0.040% | $555K | $38K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.57 | −0.031% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.56 | −0.033% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.65 | −0.007% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.64 | −0.009% | $5.9M | $108.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.67 | 0.000% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.42 | −0.074% | $3.0M | $5.0M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.70 | +0.009% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.73 | +0.016% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit 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 | 339.70 | +0.008% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.71 | +0.012% | $611 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.46 | −0.062% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.72 | +0.015% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.69 | +0.006% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0001% | 8h | 339.72 | +0.015% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USDlong | +0.0023% | 1h | 339.67 | long leg | $3.2M | $4.3M | 10x | |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | −0.035% | $660K | $656K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.60 | −0.021% | $907K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.59 | −0.024% | $950K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.60 | −0.021% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.46 | −0.062% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.55 | −0.035% | $279K | $417K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.60 | −0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.47 | −0.059% | $1.3M | $2.4M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 339.57 | −0.029% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0064% | 1h | 339.55 | −0.035% | $40.6M | $76.5M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.43 | −0.071% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.038% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.54 | −0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.55 | −0.035% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.82 | +0.044% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.11 | +0.130% | $191K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP