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+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against Lighter−0.075%48s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$150.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.141%+$14 on $10k
Price spread, last 7 days+0.103%+$10 · spread now −0.075%, 7d avg +0.022%
Together, before fees+0.244%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.097% cheaper against Lighter than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.022%). If the spread goes back, that is −$10 on $10k: about 7.4 days of funding at the current rate (+$1 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AAPL338.990.0056pay 0.0007% / 1h14m 40s$772K$2.5M20x
ShortApeX Omni AAPLUSDT338.730.0100get 0.0013% / 1h14m 40s$946K$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$9.24
Price spread: −0.075% → +0.022%
−$9.74
Slippage, 4 orders
−$5.15
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$15.64
Costs to cover
0.151%
Break-even
18.9 days
Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 4 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 Lighter live order book, 7 min ago0.32 bp0.6 bp −$12.0 bp −$2050.8 bp −$5,082doesn't fit
Sell ApeX Omni live order book, 4 min ago1.92 bp7.2 bp −$79.4 bp −$94doesn't fitdoesn'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−0.0896%4h339.04+0.015%$81K$327K20xas long as short
Aster AAPLUSDT0.0000%8h339.13+0.042%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.01+0.009%$285K$1.5M10xas long as short
Bybit AAPLUSDT0.0000%8h339.13+0.043%$6.1M$39.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.10+0.034%$6.6M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.89−0.028%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.08+0.028%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.07+0.027%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.10+0.032%$14K$498K10xas long as short
SunX AAPL-USDT0.0000%8h339.06+0.022%$895$4.8M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.82−0.049%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.17+0.055%$53K$222K30xas long as short
Phemex AAPLUSDT0.0000%4h339.14+0.046%$2.1M$7K10xas long as short
Binance AAPLUSDT+0.0004%8h339.09+0.032%$22.4M$67.3M25xas long as short
BloFin AAPL-USDT+0.0028%8h339.07+0.025%$351K$168K20xas long as short
Lighter RH AAPL+0.0032%1h339.02+0.010%$968K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.70−0.084%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.84−0.043%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.97−0.004%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.74−0.072%$1.5M$2.4M20xas long as short
Lighter AAPLlong+0.0056%1h338.99long leg$772K$2.5M20x
QFEX AAPL-USD+0.0059%1h339.01+0.007%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0080%1h338.98−0.001%$36K20xas long as short
Nado AAPL-PERP+0.0080%1h338.80−0.055%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.84−0.043%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDTshort+0.0100%1h338.73−0.075%$946K$10.9M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.93−0.016%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.99+0.002%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h339.03+0.013%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0184%1h339.00+0.004%$40.9M$76.6M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.55+0.167%$191K$44K30xas long as short
Phoenix AAPL+0.0354%1h339.08+0.028%$2K$11K20xas long as short
Arcus AAPL-USD+0.0364%1h338.95−0.010%$270K$70K20xas long as short