Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.017%
Price spread now: Lighter against ApeX Omni+0.067%48s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 7 days−0.096%−$10 · spread now +0.067%, 7d avg −0.023%
Together, before fees−0.237%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.090% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.023%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAPLUSDT338.680.0100pay 0.0013% / 1h6m 21s$946K$10.9M50x
ShortLighter AAPL338.910.0032get 0.0004% / 1h6m 21s$761K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
−$14.28
Price spread: +0.067% → −0.023%
$8.99
Slippage, 4 orders
−$6.52
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$21.81
Costs to cover
0.165%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; Lighter: live order book, 11 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 ApeX Omni live order book, 3 min ago1.92 bp6.9 bp −$78.9 bp −$89doesn't fitdoesn't fit
Sell Lighter live order book, 11 min ago0.81 bp1.2 bp −$15.5 bp −$55146.9 bp −$14.7Kdoesn'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−0.0706%4h339.06+0.113%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.07+0.115%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.98+0.088%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.03+0.103%$22.3M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.08+0.118%$6.2M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.97+0.086%$6.6M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.83+0.044%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.07+0.115%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.07+0.115%$2.5M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.01+0.099%$14K$510K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.00+0.094%$475$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.77+0.027%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.13+0.133%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.12+0.130%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0013%8h339.04+0.106%$353K$165K20xas long as short
Lighter AAPLshort+0.0032%1h338.91+0.067%$761K$2.5M20x
Lighter RH AAPL+0.0032%1h338.95+0.080%$973K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.67−0.003%$43K25xas long as short
QFEX AAPL-USD+0.0049%1h338.97+0.086%$3.2M$5.0M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.74+0.018%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.98+0.089%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.72+0.012%$1.4M$2.3M20xas long as short
Nado AAPL-PERP+0.0087%1h338.75+0.020%$556K$35K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.77+0.027%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDTlong+0.0100%1h338.68long leg$946K$10.9M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.96+0.083%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.98+0.088%$11K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.99+0.092%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0144%1h339.00+0.094%$661K$675K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.83+0.340%$191K$44K30xas long as short
tradeXYZ xyz:AAPL+0.0221%1h338.99+0.092%$41.0M$77.0M20xas long as short
Phoenix AAPL+0.0283%1h339.08+0.118%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.96+0.083%$270K$69K20xas long as short