Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.171%
Price spread now: edgeX against Lighter+0.078%79s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$220.216% of the position
Funding, last 7 days−0.455%−$46 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.078%, 7d avg +0.031%
=Together, before fees−0.382%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.048% dearer against Lighter than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.031%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.455% in total) that is about 18 hours. The two prices were read 79 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 | 338.89 | 0.0032 | pay 0.0004% / 1h | 0m 09s | $749K | $2.4M | 20x |
| Short | edgeX AAPLUSDC | 339.15 | −0.0022 | pay 0.0011% / 4h | 2h 00m | $81K | $327K | 20x |
Lighter AAPL
edgeX AAPLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$11.33
- Price spread: +0.078% → +0.031%
- $4.78
- Slippage, 4 orders
- −$12.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$28.1
- Costs to cover
- 0.216%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; edgeX: live order book, 3 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, 7 min ago | 0.28 bp | 0.4 bp $0 | 0.7 bp −$7 | 49.8 bp −$4,976 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 5.31 bp | 10.3 bp −$10 | 17.5 bp −$175 | doesn't fit | doesn't fit |
AAPL on 32 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 | −0.0091% | 1h | 339.18 | +0.085% | $555K | $38K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0075% | 1h | 338.77 | −0.035% | $28K | $67K | 10x | as long as short |
| edgeX AAPLUSDCshort | −0.0022% | 4h | 339.15 | +0.078% | $81K | $327K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.19 | +0.090% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.06 | +0.051% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.09 | +0.060% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.90 | +0.004% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.19 | +0.089% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.24 | +0.102% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.21 | +0.094% | $17K | $433K | 10x | as long as short |
Nado AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.20 | +0.092% | $553 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.34 | +0.133% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.30 | +0.122% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0015% | 8h | 338.99 | +0.031% | $22.2M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0016% | 1h | 338.96 | +0.021% | $288K | $2.0M | 10x | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.16 | +0.080% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.89 | long leg | $749K | $2.4M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.95 | +0.018% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.11 | +0.066% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.11 | +0.066% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.93 | +0.012% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.07 | +0.054% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.92 | +0.009% | $1.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0051% | 1h | 339.16 | +0.080% | $40.8M | $75.8M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0096% | 1h | 339.18 | +0.086% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.01 | +0.036% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.07 | +0.054% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.00 | +0.033% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.94 | +0.017% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.98 | +0.027% | $656K | $666K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.02 | +0.039% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.33 | +0.130% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL