Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.046%
Price spread now: Lighter RH against KuCoin+0.056%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.056%, 7d avg +0.035%
=Together, before fees+0.065%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.021% dearer against KuCoin than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.035%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 25 hours. Mind the row above: over the last 7 days funding on this pair paid +0.059%, 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 | 338.87 | 0.0100 | pay 0.0100% / 8h | 43m 51s | $1.4M | $28K | 20x |
| Short | Lighter RH AAPL | 339.06 | 0.0032 | get 0.0004% / 1h | 43m 51s | $965K | $3.8M | 20x |
KuCoin AAPLUSDTM
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.056% → +0.035%
- $2.15
- Slippage, 4 orders
- −$104.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$128.45
- Costs to cover
- 1.163%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter RH: live order book, 4 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, 2 min ago | 5.46 bp | 60.8 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.48 bp | 1.7 bp −$2 | 3.5 bp −$35 | 51.6 bp −$5,159 | 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 | −0.0893% | 4h | 339.12 | +0.075% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.00 | +0.038% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.19 | +0.094% | $6.0M | $39.8M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.15 | +0.083% | $6.5M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.92 | +0.015% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.15 | +0.083% | $516 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.21 | +0.100% | $52K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.17 | +0.089% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0002% | 8h | 339.13 | +0.077% | $14K | $498K | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0016% | 1h | 338.90 | +0.009% | $28K | $65K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Deribit AAPL_USDC-PERPETUALShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPLshort | +0.0032% | 1h | 339.06 | +0.056% | $965K | $3.8M | 20x | |
| Bitget AAPLUSDT | +0.0032% | 8h | 339.16 | +0.086% | $6.2M | $3.4M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.79 | −0.024% | — | $53K | 25x | as long as short |
| Variational Omni AAPL | +0.0048% | 8h | 339.13 | +0.078% | $2.4M | $1.4M | — | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.98 | +0.032% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.03 | +0.047% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.85 | −0.006% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.09 | +0.065% | $3.2M | $5.1M | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0072% | 1h | 339.09 | +0.066% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | +0.0075% | 8h | 339.15 | +0.084% | $22.4M | $67.4M | 25x | as long as short |
| BloFin AAPL-USDT | +0.0082% | 8h | 339.15 | +0.083% | $304K | $167K | 20x | as long as short |
| Lighter AAPL | +0.0088% | 1h | 339.02 | +0.046% | $773K | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 338.87 | long leg | $1.4M | $28K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.84 | −0.009% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.02 | +0.044% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.09 | +0.066% | $11K | — | 10x | as long as short |
| Nado AAPL-PERP | +0.0127% | 1h | 338.84 | −0.009% | $556K | $35K | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 339.03 | +0.047% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.047% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0218% | 1h | 339.03 | +0.047% | $40.9M | $76.4M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.57 | +0.207% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.09 | +0.065% | $2K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 339.03 | +0.047% | $270K | $71K | 20x | as long as short |
Bitget AAPLUSDT
Vest AAPL-USD-PERP
Variational Omni AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Extended AAPL_24_5-USD
Binance AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Nado AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD