Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.016%
Price spread now: BloFin against Lighter+0.053%90s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.180% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.053%, 7d avg +0.050%
=Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.73 | 0.0032 | pay 0.0004% / 1h | 47m 48s | $744K | $2.3M | 20x |
| Short | BloFin AAPL-USDT | 338.91 | 0.0050 | get 0.0050% / 8h | 6h 47m | $347K | $169K | 20x |
Lighter AAPL
BloFin AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.82
- Price spread: +0.053% → +0.050%
- $0.29
- Slippage, 4 orders
- −$6.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.92
- Costs to cover
- 0.180%
- Break-even
- 32.5 days
Slippage from Lighter: live order book, 4 min ago; BloFin: live order book, 17 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, 4 min ago | 0.16 bp | 0.2 bp $0 | 1.2 bp −$12 | 46.7 bp −$4,674 | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.15 bp | 10.4 bp −$10 | 11.6 bp −$116 | 22.0 bp −$2,204 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AAPL-PERP | −0.0086% | 1h | 338.71 | −0.008% | $554K | $38K | 20x | as long as short |
| edgeX AAPLUSDC | −0.0084% | 4h | 338.79 | +0.016% | $81K | $326K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0048% | 1h | 338.78 | +0.014% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.86 | +0.038% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.91 | +0.053% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.93 | +0.058% | $6.4M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.72 | −0.004% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.91 | +0.053% | $6.2M | $3.4M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.80 | +0.020% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.89 | +0.047% | $664 | $4.7M | 20x | as long as short |
Nado AAPL-PERP
edgeX AAPLUSDC
Hotstuff AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.72 | −0.004% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.079% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.93 | +0.058% | $2.1M | $6K | 10x | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 338.83 | +0.029% | $3.2M | $5.0M | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.73 | long leg | $744K | $2.3M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.77 | +0.011% | $953K | $3.5M | 20x | as long as short |
| Variational Omni AAPL | +0.0034% | 8h | 338.86 | +0.036% | $2.4M | $1.4M | — | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.77 | +0.011% | $269K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.65 | −0.024% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.60 | −0.039% | $261K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.82 | +0.026% | $75K | $3K | 10x | as long as short |
| BloFin AAPL-USDTshort | +0.0050% | 8h | 338.91 | +0.053% | $347K | $169K | 20x | |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.66 | −0.021% | $1.4M | $2.4M | 20x | as long as short |
| Extended AAPL_24_5-USD | +0.0064% | 1h | 338.82 | +0.027% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | +0.0065% | 8h | 338.91 | +0.053% | $22.2M | $66.8M | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0075% | 1h | 338.81 | +0.023% | $40.8M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.61 | −0.036% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.65 | −0.024% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.75 | +0.005% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.76 | +0.008% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.066% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.61 | −0.036% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 338.94 | +0.061% | $5K | $11K | 20x | as long as short |
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter RH AAPL
Variational Omni AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Extended AAPL_24_5-USD
Binance AAPLUSDT
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL