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+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: QFEX against tradeXYZ+0.018%49s7-day average +0.062% · you sell dearer than you buy
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−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.021%−$2 on $10k
Price spread, last 7 days+0.043%+$4 · spread now +0.018%, 7d avg +0.062%
Together, before fees+0.022%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.062%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AAPL338.610.0050pay 0.0006% / 1h59m 38s$40.8M$75.8M20x
ShortQFEX AAPL-USD338.670.0059get 0.0007% / 1h59m 38s$3.2M$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against tradeXYZ. 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
$1.86
Price spread: +0.018% → +0.062%
−$4.42
Slippage, 4 orders
−$2.94
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$33.49
Costs to cover
0.309%
Break-even
132.7 days
Slippage from tradeXYZ: live order book, 10 min ago; QFEX: live order book, 9 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 tradeXYZ live order book, 10 min ago0.15 bp9.4 bp −$911.8 bp −$118doesn't fitdoesn't fit
Sell QFEX live order book, 9 min ago1.03 bp6.0 bp −$67.9 bp −$7913.0 bp −$1,303doesn'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−0.0705%4h338.65+0.012%$81K$327K20xas long as short
Nado AAPL-PERP−0.0035%1h338.58−0.010%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.71+0.030%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.71+0.030%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.68+0.021%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.49−0.035%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.79+0.053%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.66+0.015%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.71+0.030%$586$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.62+0.003%$28K$67K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h338.78+0.050%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.73+0.035%$2.1M$6K10xas long as short
Lighter AAPL+0.0032%1h338.55−0.017%$744K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.610.000%$953K$3.5M20xas long as short
Hotstuff AAPL-PERP+0.0040%1h338.63+0.006%$36K20xas long as short
Variational Omni AAPL+0.0044%8h338.74+0.037%$2.4M$1.4Mas long as short
Vest AAPL-USD-PERP+0.0046%1h338.49−0.035%$45K25xas long as short
tradeXYZ xyz:AAPLlong+0.0050%1h338.61long leg$40.8M$75.8M20x
Polymarket Perps AAPL-USD+0.0050%1h338.38−0.068%$261K$397K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.60−0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.41−0.059%$1.4M$2.4M20xas long as short
QFEX AAPL-USDshort+0.0059%1h338.67+0.018%$3.2M$5.0M10x
BloFin AAPL-USDT+0.0062%8h338.81+0.059%$346K$169K20xas long as short
Extended AAPL_24_5-USD+0.0072%1h338.60−0.004%$284K$2.0M10xas long as short
Binance AAPLUSDT+0.0073%8h338.67+0.017%$22.2M$66.8M25xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.63+0.006%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.48−0.038%$945K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.59−0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.62+0.002%$10K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.51−0.030%$655K$668K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.04+0.127%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.81+0.059%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.63+0.006%$269K$70K20xas long as short