Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.007%
Price spread now: Aster against QFEX+0.045%7-day average +0.022% · 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−$51as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.045%, 7d avg +0.022%
=Together, before fees+0.020%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.023% dearer against QFEX than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.022%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 4 days (−0.012% in total) that is about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 339.15 | 0.0030 | pay 0.0004% / 1h | 20m 49s | $3.2M | $4.5M | 10x |
| Short | Aster AAPLUSDT | 339.30 | 0 | get 0.0000% / 8h | 3h 20m | $121K | $292K | 20x |
QFEX AAPL-USD
Aster AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$6.35
- Price spread: +0.045% → +0.022%
- $2.31
- Slippage, 4 orders
- −$35.13
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$57.17
- Costs to cover
- 0.531%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 8 min ago; Aster: live order book, 31 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, 8 min ago | 1.47 bp | 6.5 bp −$6 | 6.7 bp −$67 | 12.2 bp −$1,223 | doesn't fit |
| Sell Aster live order book, 31 min ago | 3.10 bp | 14.3 bp −$14 | doesn't fit | 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 | −0.0225% | 4h | 339.17 | +0.005% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0074% | 1h | 339.28 | +0.039% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDTshort | 0.0000% | 8h | 339.30 | +0.045% | $121K | $292K | 20x | |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.20 | +0.014% | $287K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.29 | +0.042% | $21.9M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.25 | +0.029% | $5.8M | $70.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.26 | +0.032% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.02 | −0.038% | $3.0M | $4.5M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.32 | +0.050% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.29 | +0.040% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
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 | 339.13 | −0.005% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.27 | +0.035% | $536 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.17 | +0.006% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.41 | +0.077% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.22 | +0.021% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 339.28 | +0.038% | $340K | $168K | 20x | as long as short |
| QFEX AAPL-USDlong | +0.0030% | 1h | 339.15 | long leg | $3.2M | $4.5M | 10x | |
| Lighter AAPL | +0.0032% | 1h | 339.19 | +0.011% | $782K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.18 | +0.009% | $941K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0032% | 1h | 339.20 | +0.015% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.04 | −0.032% | $266K | $61K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.09 | −0.018% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.20 | +0.015% | $40.5M | $76.1M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.15 | 0.000% | $278K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.20 | +0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.93 | −0.065% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | −0.109% | $661K | $657K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.28 | +0.038% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.13 | −0.006% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.21 | +0.018% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.23 | +0.024% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.02 | −0.038% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.27 | +0.035% | $5K | $11K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Hotstuff AAPL-PERP
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL