Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter against Deribit+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AAPL_USDC-PERPETUAL | 339.89 | 0 | get 0.0000% / 1h | 46m 15s | $28K | $69K | 10x |
| Short | Lighter AAPL | 339.98 | 0.0032 | get 0.0004% / 1h | 46m 15s | $932K | $2.6M | 20x |
Deribit AAPL_USDC-PERPETUAL
Lighter AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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: +0.026% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $2.37
- Costs to cover
- 0.070%
- Break-even
- 4.5 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.56 bp | 1.1 bp −$1 | 2.4 bp −$24 | 37.7 bp −$3,769 | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0921% | 4h | 339.95 | +0.018% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0019% | 1h | 339.87 | −0.005% | $556K | $36K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0008% | 1h | 340.04 | +0.044% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.91 | +0.006% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.97 | +0.025% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.07 | +0.052% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.05 | +0.047% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.91 | +0.006% | $3.0M | $5.6M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.07 | +0.053% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.04 | +0.043% | $2.5M | $1.2M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Hotstuff AAPL-PERP
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 | 340.04 | +0.044% | $13K | $349K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.10 | +0.062% | $463 | $4.4M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUALlong | 0.0000% | 1h | 339.89 | long leg | $28K | $69K | 10x | |
| HTX AAPL-USDT | 0.0000% | 8h | 340.18 | +0.085% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.07 | +0.053% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 340.03 | +0.041% | $3.2M | $4.2M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 340.13 | +0.071% | $344K | $166K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.92 | +0.009% | $663K | $656K | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 339.98 | +0.026% | $932K | $2.6M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.96 | +0.021% | $957K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.96 | +0.021% | $267K | $59K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.86 | −0.009% | — | $45K | 25x | as long as short |
| Bybit AAPLUSDT | +0.0047% | 8h | 340.13 | +0.071% | $6.2M | $180.4M | 100x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.85 | −0.012% | $279K | $375K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.01 | +0.035% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.89 | 0.000% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.91 | +0.006% | $1.4M | $66K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.86 | −0.009% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.94 | +0.015% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0101% | 1h | 340.01 | +0.035% | $40.3M | $76.6M | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.93 | +0.011% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.13 | +0.071% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.55 | +0.194% | $192K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Bybit AAPLUSDT
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
tradeXYZ xyz:AAPL
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP