Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.001%
Price spread now: Bitget against Lighter+0.028%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now +0.028%, 7d avg +0.066%
=Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 339.69 | 0.0032 | pay 0.0004% / 1h | 36m 11s | $907K | $2.6M | 20x |
| Short | Bitget AAPLUSDT | 339.79 | 0 | get 0.0000% / 8h | 1h 36m | $6.2M | $3.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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: +0.028% → +0.066%
- −$3.72
- Slippage, 4 orders
- −$7.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.05
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 2 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 Lighter live order book, 6 min ago | 0.25 bp | 0.5 bp $0 | 1.6 bp −$16 | 25.3 bp −$2,532 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.15 bp | 9.9 bp −$10 | 14.9 bp −$149 | 40.6 bp −$4,060 | 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 | −0.0502% | 4h | 339.62 | −0.022% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0054% | 1h | 339.74 | +0.014% | $556K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0016% | 8h | 339.64 | −0.016% | $341K | $168K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0015% | 1h | 339.62 | −0.022% | $28K | $68K | 10x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.64 | −0.016% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.69 | −0.002% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.69 | −0.001% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.70 | +0.002% | $7.0M | $109.7M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.70 | +0.002% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.54 | −0.045% | $3.0M | $5.0M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDTshort | 0.0000% | 8h | 339.79 | +0.028% | $6.2M | $3.5M | 100x | |
| Variational Omni AAPL | 0.0000% | 8h | 339.73 | +0.009% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.70 | +0.001% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.76 | +0.019% | $758 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.80 | +0.031% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.77 | +0.022% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.67 | −0.007% | $3.2M | $4.3M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.65 | −0.013% | $663K | $662K | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 339.69 | long leg | $907K | $2.6M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.66 | −0.010% | $950K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 339.60 | −0.028% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.57 | −0.037% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.59 | −0.031% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.69 | −0.001% | $40.6M | $76.5M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.68 | −0.004% | $279K | $417K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.68 | −0.004% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.51 | −0.054% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.56 | −0.039% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.045% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.69 | −0.001% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.71 | +0.003% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.82 | +0.037% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.50 | −0.057% | $191K | $44K | 30x | as long as short |
Lighter AAPL
Bitget AAPLUSDT
edgeX AAPLUSDC
BloFin AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Coinbase International AAPL-PERP-INTX
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP