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 − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.309% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAPL | 338.61 | 0.0050 | pay 0.0006% / 1h | 59m 38s | $40.8M | $75.8M | 20x |
| Short | QFEX AAPL-USD | 338.67 | 0.0059 | get 0.0007% / 1h | 59m 38s | $3.2M | $5.0M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 10 min ago | 0.15 bp | 9.4 bp −$9 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 1.03 bp | 6.0 bp −$6 | 7.9 bp −$79 | 13.0 bp −$1,303 | 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 | −0.0705% | 4h | 338.65 | +0.012% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0035% | 1h | 338.58 | −0.010% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.71 | +0.030% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.71 | +0.030% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.68 | +0.021% | $6.4M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.49 | −0.035% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.79 | +0.053% | $6.2M | $3.4M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.66 | +0.015% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.71 | +0.030% | $586 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.62 | +0.003% | $28K | $67K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 338.78 | +0.050% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.73 | +0.035% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.55 | −0.017% | $744K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.61 | 0.000% | $953K | $3.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 338.63 | +0.006% | $36K | — | 20x | as long as short |
| Variational Omni AAPL | +0.0044% | 8h | 338.74 | +0.037% | $2.4M | $1.4M | — | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.49 | −0.035% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPLlong | +0.0050% | 1h | 338.61 | long leg | $40.8M | $75.8M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.38 | −0.068% | $261K | $397K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.60 | −0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.41 | −0.059% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USDshort | +0.0059% | 1h | 338.67 | +0.018% | $3.2M | $5.0M | 10x | |
| BloFin AAPL-USDT | +0.0062% | 8h | 338.81 | +0.059% | $346K | $169K | 20x | as long as short |
| Extended AAPL_24_5-USD | +0.0072% | 1h | 338.60 | −0.004% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | +0.0073% | 8h | 338.67 | +0.017% | $22.2M | $66.8M | 25x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.63 | +0.006% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.48 | −0.038% | $945K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.59 | −0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.62 | +0.002% | $10K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.51 | −0.030% | $655K | $668K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.04 | +0.127% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.81 | +0.059% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.63 | +0.006% | $269K | $70K | 20x | as long as short |
tradeXYZ xyz:AAPL
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Variational Omni AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
BloFin AAPL-USDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL