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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAPL_USDT338.890get 0.0000% / 8h1h 27m$3.0M$4.2M100x
ShortLighter RH AAPL339.050.0032get 0.0004% / 1h27m 07s$968K$3.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 6 min ago1.33 bp11.6 bp −$1235.3 bp −$353doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago1.18 bp1.3 bp −$14.3 bp −$4357.7 bp −$5,770doesn'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−0.0400%4h339.11+0.064%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.11+0.065%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.07+0.052%$285K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.13+0.070%$22.4M$67.4M25xas long as short
Bybit AAPLUSDT0.0000%8h339.18+0.086%$6.1M$39.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.04+0.044%$6.6M$6.9M25xas long as short
Gate AAPL_USDTlong0.0000%8h338.89long leg$3.0M$4.2M100x
Bitget AAPLUSDT0.0000%8h339.13+0.071%$6.2M$3.4M100xas long as short
Variational Omni AAPL0.0000%8h339.13+0.072%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.12+0.067%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.10+0.062%$871$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.22+0.097%$53K$222K30xas long as short
Phemex AAPLUSDT0.0000%4h339.15+0.077%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0014%8h339.13+0.071%$351K$168K20xas long as short
Lighter RH AAPLshort+0.0032%1h339.05+0.047%$968K$3.8M20x
Vest AAPL-USD-PERP+0.0046%1h338.76−0.038%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.890.000%$265K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.03+0.041%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.75−0.041%$1.5M$2.4M20xas long as short
Lighter AAPL+0.0056%1h339.03+0.041%$769K$2.5M20xas long as short
QFEX AAPL-USD+0.0059%1h339.05+0.047%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0072%1h339.03+0.041%$36K20xas long as short
Nado AAPL-PERP+0.0087%1h338.86−0.008%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.84−0.015%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.77−0.035%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99+0.030%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.05+0.046%$11K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0134%1h338.96+0.021%$28K$65K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h339.03+0.041%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0185%1h339.03+0.041%$40.9M$76.8M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.55+0.195%$191K$44K30xas long as short
Phoenix AAPL+0.0354%1h339.16+0.080%$2K$11K20xas long as short
Arcus AAPL-USD+0.0364%1h339.02+0.038%$270K$70K20xas long as short