Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate+0.047%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.047%, 7d avg +0.018%
=Together, before fees+0.066%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 338.89 | 0 | get 0.0000% / 8h | 1h 27m | $3.0M | $4.2M | 100x |
| Short | Lighter RH AAPL | 339.05 | 0.0032 | get 0.0004% / 1h | 27m 07s | $968K | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Gate. 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: +0.047% → +0.018%
- $2.95
- Slippage, 4 orders
- −$11.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.89
- Costs to cover
- 0.266%
- Break-even
- 24.6 days
Slippage from Gate: live order book, 6 min ago; Lighter RH: live order book, 1 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 Gate live order book, 6 min ago | 1.33 bp | 11.6 bp −$12 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.18 bp | 1.3 bp −$1 | 4.3 bp −$43 | 57.7 bp −$5,770 | 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 | −0.0400% | 4h | 339.11 | +0.064% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.11 | +0.065% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.07 | +0.052% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.13 | +0.070% | $22.4M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.18 | +0.086% | $6.1M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.04 | +0.044% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 338.89 | long leg | $3.0M | $4.2M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.13 | +0.071% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | +0.072% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.12 | +0.067% | $14K | $498K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.10 | +0.062% | $871 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.22 | +0.097% | $53K | $222K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.15 | +0.077% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0014% | 8h | 339.13 | +0.071% | $351K | $168K | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 339.05 | +0.047% | $968K | $3.8M | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.76 | −0.038% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.89 | 0.000% | $265K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.03 | +0.041% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.75 | −0.041% | $1.5M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 339.03 | +0.041% | $769K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 339.05 | +0.047% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 339.03 | +0.041% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.0087% | 1h | 338.86 | −0.008% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.015% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.035% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.99 | +0.030% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.05 | +0.046% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0134% | 1h | 338.96 | +0.021% | $28K | $65K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.041% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0185% | 1h | 339.03 | +0.041% | $40.9M | $76.8M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.195% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0354% | 1h | 339.16 | +0.080% | $2K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0364% | 1h | 339.02 | +0.038% | $270K | $70K | 20x | as long as short |
Gate AAPL_USDT
Lighter RH AAPL
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Lighter AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL