Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.013%
Price spread now: Gate against Lighter−0.041%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.041%, 7d avg +0.007%
=Together, before fees−0.040%+ Points / potential airdropLighter: Season 3 · farm board−$4 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 Gate is 0.049% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.94 | 0.0032 | pay 0.0004% / 1h | 26m 24s | $755K | $2.5M | 20x |
| Short | Gate AAPL_USDT | 338.80 | 0 | get 0.0000% / 8h | 2h 26m | $3.0M | $4.1M | 100x |
Lighter AAPL
Gate AAPL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.041% → +0.007%
- −$4.85
- Slippage, 4 orders
- −$12.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.47
- Costs to cover
- 0.279%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Gate: 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 | 0.46 bp | 0.5 bp −$1 | 1.8 bp −$18 | 39.1 bp −$3,914 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.48 bp | 13.0 bp −$13 | 29.8 bp −$298 | 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 | −0.0202% | 4h | 338.98 | +0.011% | $81K | $327K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0017% | 8h | 339.10 | +0.047% | $354K | $165K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.80 | −0.042% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.97 | +0.010% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.01 | +0.021% | $22.1M | $66.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.05 | +0.032% | $6.3M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.01 | +0.021% | $6.6M | $6.8M | 25x | as long as short |
| Gate AAPL_USDTshort | 0.0000% | 8h | 338.80 | −0.041% | $3.0M | $4.1M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.07 | +0.038% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.99 | +0.013% | $2.2M | $1.1M | — | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.00 | +0.018% | $14K | $522K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.018% | $454 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.04 | +0.030% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.09 | +0.044% | $2.1M | $7K | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.94 | long leg | $755K | $2.5M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.98 | +0.012% | $975K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.065% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 338.92 | −0.006% | $3.2M | $4.9M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.69 | −0.074% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | +0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.047% | $1.3M | $2.2M | 20x | as long as short |
| Nado AAPL-PERP | +0.0075% | 1h | 338.78 | −0.048% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0099% | 8h | 338.80 | −0.041% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.050% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.92 | −0.006% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.98 | +0.012% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.95 | +0.003% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0134% | 1h | 338.96 | +0.006% | $28K | $65K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 338.96 | +0.006% | $658K | $671K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0204% | 1h | 338.99 | +0.015% | $40.7M | $76.7M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.41 | +0.139% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.06 | +0.035% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.95 | +0.003% | $270K | $69K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Hotstuff AAPL-PERP
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD