Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter RH against Coinbase International+0.015%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.168% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.015%, 7d avg +0.032%
=Together, before fees−0.026%+ Points / potential airdropLighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAPL-PERP-INTX | 338.77 | 0.0184 | pay 0.0023% / 1h | 31m 35s | $659K | $663K | 10x |
| Short | Lighter RH AAPL | 338.82 | 0.0032 | get 0.0004% / 1h | 31m 35s | $957K | $3.6M | 20x |
Coinbase International AAPL-PERP-INTX
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Coinbase International. 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
- −$31.92
- Price spread: +0.015% → +0.032%
- −$1.77
- Slippage, 4 orders
- −$6.76
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$50.44
- Costs to cover
- 0.168%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 42 min ago; Lighter RH: live order book, 2 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 Coinbase International live order book, 42 min ago | 0.15 bp | 6.5 bp −$6 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.92 bp | 2.1 bp −$2 | 3.7 bp −$37 | 42.9 bp −$4,294 | 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 | −0.0386% | 4h | 338.84 | +0.022% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0023% | 1h | 338.73 | −0.010% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.97 | +0.058% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.89 | +0.035% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.85 | +0.024% | $6.4M | $6.5M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.68 | −0.027% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | +0.047% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.90 | +0.038% | $840 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.61 | −0.047% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.065% | $53K | $225K | 30x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.053% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.76 | −0.002% | $770K | $2.3M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 338.82 | +0.015% | $957K | $3.6M | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.63 | −0.041% | — | $52K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 338.77 | 0.000% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.78 | +0.003% | $40.8M | $75.9M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0050% | 8h | 338.91 | +0.041% | $6.2M | $3.4M | 100x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.67 | −0.030% | $263K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.80 | +0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.57 | −0.059% | $1.4M | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.83 | +0.018% | $3.2M | $5.1M | 10x | as long as short |
| Variational Omni AAPL | +0.0090% | 8h | 338.94 | +0.049% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.61 | −0.047% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.68 | −0.027% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.81 | +0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.81 | +0.012% | $11K | — | 10x | as long as short |
| Binance AAPLUSDT | +0.0112% | 8h | 338.91 | +0.041% | $22.2M | $66.7M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.84 | +0.021% | $286K | $2.4M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0114% | 8h | 338.91 | +0.041% | $347K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTXlong | +0.0184% | 1h | 338.77 | long leg | $659K | $663K | 10x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | −0.035% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.96 | +0.056% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.80 | +0.009% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Lighter AAPL
Vest AAPL-USD-PERP
Hotstuff AAPL-PERP
tradeXYZ xyz:AAPL
Bitget AAPLUSDT
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD