AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%

Price spread now: Injective against Lighter−0.009%96s7-day average +0.112% · 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—prices read too far apart to compare

costs, in and out, $10k−$200.204% of the position

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.009%, 7d avg +0.112%

Together, before fees+0.325%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 0.121% cheaper against Lighter than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.112%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). The two prices were read 96 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	338.55	0.0032	pay 0.0004% / 1h	5m 36s	$747K	$2.3M	20x
Short	Injective AAPL/USDC PERP	338.52	0.0220	get 0.0028% / 1h	5m 36s	$191K	$44K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.009%Rate

Funding earned: $39.48
Price spread: −0.009% → +0.112%: −$12.05
Slippage, 4 orders: −$20.43
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $6.98
Costs to cover: 0.204%
Break-even: 5.8 days

Slippage from Lighter: live order book, 6 min ago; Injective: 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, 6 min ago	0.01 bp	0.0 bp $0	0.9 bp −$9	52.4 bp −$5,235	doesn't fit
Sell Injective live order book, 3 min ago	8.71 bp	11.2 bp −$11	11.4 bp −$114	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
Deribit AAPL_USDC-PERPETUAL	−0.0459%	1h	338.31	−0.071%	$28K	$67K	10x	as long as short
edgeX AAPLUSDC	−0.0342%	4h	338.60	+0.016%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0033%	1h	338.59	+0.011%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.68	+0.039%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.73	+0.053%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.71	+0.048%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.50	−0.014%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.78	+0.068%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.66	+0.032%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.68	+0.039%	$552	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	338.79	+0.071%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.67	+0.036%	$2.1M	$6K	10x	as long as short
Lighter AAPLlong	+0.0032%	1h	338.55	long leg	$747K	$2.3M	20x
Lighter RH AAPL	+0.0032%	1h	338.62	+0.021%	$953K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.53	−0.006%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.59	+0.012%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.41	−0.041%	$261K	$397K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.64	+0.027%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.38	−0.050%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0051%	8h	338.68	+0.037%	$2.4M	$1.4M	—	as long as short
BloFin AAPL-USDT	+0.0052%	8h	338.81	+0.077%	$345K	$169K	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.63	+0.024%	$3.2M	$5.0M	10x	as long as short
Binance AAPLUSDT	+0.0078%	8h	338.69	+0.042%	$22.2M	$66.7M	25x	as long as short
Extended AAPL_24_5-USD	+0.0080%	1h	338.60	+0.016%	$284K	$2.0M	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.63	+0.024%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.53	−0.006%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.52	−0.009%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.58	+0.011%	$10K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0136%	1h	338.64	+0.027%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	−0.012%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERPshort	+0.0220%	1h	338.52	−0.009%	$191K	$44K	30x
Phoenix AAPL	+0.0330%	1h	338.76	+0.062%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.59	+0.012%	$269K	$70K	20x	as long as short