Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.029%
Price spread now: Hotstuff against Lighter+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hotstuff is 0.023% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AAPL338.780.0032pay 0.0004% / 1h34m 17s$757K$2.4M20x
ShortHotstuff AAPL-PERP338.860.0056get 0.0007% / 1h34m 17s$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Funding earned
$5.04
Price spread: +0.023% → 0.000%
$2.3
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$2.34
Costs to cover
0.050%
Break-even
3.7 days
Slippage unknown: Lighter: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 3 min ago0.72 bp0.7 bp −$11.6 bp −$1640.6 bp −$4,055doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0471%4h338.84+0.016%$81K$326K20xas long as short
Nado AAPL-PERP−0.0059%1h338.82+0.012%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.92+0.040%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.82+0.011%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.91+0.038%$22.3M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.95+0.050%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.95+0.050%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.65−0.039%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.99+0.061%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.92+0.039%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h338.87+0.026%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.90+0.035%$868$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.76−0.006%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h338.98+0.058%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.90+0.035%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0013%1h338.89+0.032%$3.2M$4.8M10xas long as short
BloFin AAPL-USDT+0.0026%8h338.92+0.041%$343K$169K20xas long as short
Lighter AAPLlong+0.0032%1h338.78long leg$757K$2.4M20x
Lighter RH AAPL+0.0032%1h338.83+0.014%$951K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.80+0.005%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.69−0.027%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78−0.001%$659K$673K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.68−0.030%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.86+0.023%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.58−0.060%$1.3M$2.5M20xas long as short
Hotstuff AAPL-PERPshort+0.0056%1h338.86+0.023%$36K20x
tradeXYZ xyz:AAPL+0.0058%1h338.86+0.023%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.85+0.020%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.75−0.009%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.79+0.002%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.79+0.003%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.25+0.138%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.95+0.050%$5K$11K20xas long as short