Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.034%
Price spread now: Lighter against KuCoin+0.048%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.035%−$4 · spread now +0.048%, 7d avg +0.009%
=Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.039% dearer against KuCoin than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.009%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 hours. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 339.58 | 0.0100 | pay 0.0100% / 8h | 12m 51s | $1.4M | $54K | 20x |
| Short | Lighter AAPL | 339.74 | 0.0032 | get 0.0004% / 1h | 12m 51s | $942K | $2.7M | 20x |
KuCoin AAPLUSDTM
Lighter AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: +0.048% → +0.009%
- $3.87
- Slippage, 4 orders
- −$116.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$139.21
- Costs to cover
- 1.288%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter: live order book, 9 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 KuCoin live order book, 3 min ago | 6.03 bp | 68.2 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 0.51 bp | 0.6 bp −$1 | 1.4 bp −$14 | 25.4 bp −$2,543 | 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 | −0.0968% | 4h | 339.81 | +0.067% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0148% | 1h | 339.73 | +0.045% | $556K | $37K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.76 | +0.053% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.73 | +0.043% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.80 | +0.065% | $22.1M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.79 | +0.062% | $7.5M | $157.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.83 | +0.074% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | +0.021% | $3.0M | $5.6M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.82 | +0.071% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.86 | +0.081% | $2.5M | $1.2M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit 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 | 339.85 | +0.079% | $13K | $357K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.84 | +0.077% | $615 | $4.5M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.72 | +0.041% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.92 | +0.100% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.84 | +0.077% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0011% | 8h | 339.83 | +0.074% | $344K | $167K | 20x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.76 | +0.053% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 339.74 | +0.048% | $942K | $2.7M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.72 | +0.041% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.71 | +0.038% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.67 | +0.027% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.72 | +0.041% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | +0.041% | $279K | $423K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.73 | +0.044% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.68 | +0.029% | $1.3M | $2.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.009% | $660K | $660K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.80 | +0.065% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 339.58 | long leg | $1.4M | $54K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.78 | +0.059% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.70 | +0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.73 | +0.045% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.68 | +0.029% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.92 | +0.100% | $5K | $12K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
Hotstuff AAPL-PERP
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL