Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bybit−0.029%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.180% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.029%, 7d avg −0.019%
=Together, before fees+0.108%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAPLUSDT | 339.07 | 0 | get 0.0000% / 8h | 2h 03m | $6.2M | $24.9M | 100x |
| Short | Lighter RH AAPL | 338.97 | 0.0032 | get 0.0004% / 1h | 3m 34s | $973K | $3.9M | 20x |
Bybit AAPLUSDT
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bybit. 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
- $6.72
- Price spread: −0.029% → −0.019%
- −$1.1
- Slippage, 4 orders
- −$7.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$12.4
- Costs to cover
- 0.180%
- Break-even
- 19.9 days
Slippage from Bybit: live order book, 5 min ago; Lighter RH: live order book, 5 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 Bybit live order book, 5 min ago | 0.15 bp | 6.9 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.59 bp | 1.4 bp −$1 | 4.6 bp −$46 | 44.5 bp −$4,449 | 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 | −0.0675% | 4h | 339.07 | 0.000% | $81K | $326K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0016% | 8h | 339.05 | −0.006% | $353K | $165K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.08 | +0.003% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.00 | −0.020% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.97 | −0.029% | $22.3M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDTlong | 0.0000% | 8h | 339.07 | long leg | $6.2M | $24.9M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.00 | −0.021% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.84 | −0.068% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.05 | −0.006% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.06 | −0.004% | $2.5M | $1.4M | — | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance 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 | 339.05 | −0.006% | $14K | $510K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.05 | −0.006% | $529 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.79 | −0.083% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.15 | +0.024% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.14 | +0.021% | $2.1M | $7K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.92 | −0.043% | $761K | $2.5M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 338.97 | −0.029% | $973K | $3.9M | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.68 | −0.115% | — | $53K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 339.01 | −0.018% | $3.2M | $5.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.75 | −0.094% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.00 | −0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.74 | −0.097% | $1.4M | $2.4M | 20x | as long as short |
| Nado AAPL-PERP | +0.0088% | 1h | 338.76 | −0.092% | $556K | $35K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.088% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.76 | −0.091% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.95 | −0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.01 | −0.019% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.99 | −0.024% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 339.00 | −0.021% | $661K | $675K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.41 | +0.100% | $191K | $44K | 30x | as long as short |
| tradeXYZ xyz:AAPL | +0.0222% | 1h | 338.99 | −0.024% | $40.9M | $77.1M | 20x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.13 | +0.018% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.97 | −0.029% | $270K | $69K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD