AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: Coinbase International against Lighter−0.047%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.047%, 7d avg −0.019%

Together, before fees+0.087%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.028% cheaper against Lighter than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 5.8 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAPL	339.71	0.0032	pay 0.0004% / 1h	12m 36s	$906K	$2.6M	20x
Short	Coinbase International AAPL-PERP-INTX	339.55	0.0048	get 0.0006% / 1h	12m 36s	$660K	$662K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.047%Rate

Funding earned: $3.36
Price spread: −0.047% → −0.019%: −$2.79
Slippage, 4 orders: −$6.13
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$15.56
Costs to cover: 0.161%
Break-even: 39.4 days

Slippage from Lighter: live order book, 4 min ago; Coinbase International: live order book, 36 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	0.44 bp	0.5 bp $0	2.4 bp −$24	26.5 bp −$2,647	doesn't fit
Sell Coinbase International live order book, 36 min ago	2.21 bp	7.7 bp −$8	11.0 bp −$110	doesn't fit	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	−0.0493%	4h	339.75	+0.012%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0121%	1h	339.71	+0.001%	$556K	$38K	20x	as long as short
Hotstuff AAPL-PERP	−0.0112%	1h	339.64	−0.020%	$36K	—	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0103%	1h	339.61	−0.029%	$28K	$68K	10x	as long as short
BloFin AAPL-USDT	−0.0027%	8h	339.71	0.000%	$339K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.72	+0.003%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.63	−0.023%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.73	+0.006%	$22.1M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.77	+0.018%	$7.0M	$92.8M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.80	+0.027%	$6.3M	$6.9M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AAPL_USDT	0.0000%	8h	339.54	−0.050%	$3.0M	$4.8M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.84	+0.039%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.75	+0.014%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.81	+0.030%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.70	−0.003%	$717	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.024%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.81	+0.030%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.67	−0.011%	$3.3M	$4.4M	10x	as long as short
Lighter AAPLlong	+0.0032%	1h	339.71	long leg	$906K	$2.6M	20x
Lighter RH AAPL	+0.0032%	1h	339.71	0.000%	$946K	$3.7M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.58	−0.038%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.58	−0.038%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTXshort	+0.0048%	1h	339.55	−0.047%	$660K	$662K	10x
tradeXYZ xyz:AAPL	+0.0050%	1h	339.67	−0.011%	$40.6M	$76.6M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.62	−0.026%	$282K	$415K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.65	−0.017%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.53	−0.053%	$1.3M	$2.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0097%	8h	339.53	−0.053%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.67	−0.011%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.69	−0.006%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.68	−0.008%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.85	+0.042%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.059%	$191K	$44K	30x	as long as short