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−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter RH+0.016%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.016%, 7d avg +0.034%
Together, before fees−0.084%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL338.850.0032pay 0.0004% / 1h32m 27s$951K$3.6M20x
ShortAster AAPLUSDT338.900get 0.0000% / 8h5h 32m$122K$291K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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
−$6.72
Price spread: +0.016% → +0.034%
−$1.83
Slippage, 4 orders
−$30.49
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$47.04
Costs to cover
0.385%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Aster: live order book, 29 min ago.

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 RH live order book, 6 min ago1.18 bp1.7 bp −$25.7 bp −$5751.8 bp −$5,185doesn't fit
Sell Aster live order book, 29 min ago2.21 bp12.9 bp −$1356.8 bp −$568doesn't fitdoesn't fit

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−0.0664%4h338.850.000%$81K$327K20xas long as short
Nado AAPL-PERP−0.0061%1h338.80−0.016%$554K$38K20xas long as short
BloFin AAPL-USDT−0.0028%8h338.92+0.021%$343K$169K20xas long as short
Aster AAPLUSDTshort0.0000%8h338.90+0.016%$122K$291K20x
Extended AAPL_24_5-USD0.0000%1h338.80−0.016%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.90+0.016%$22.3M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.93+0.024%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.96+0.032%$6.3M$6.8M25xas long as short
Hotstuff AAPL-PERP0.0000%1h338.82−0.009%$36K20xas long as short
Gate AAPL_USDT0.0000%8h338.69−0.047%$3.0M$4.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.00+0.044%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.92+0.019%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.88+0.008%$17K$424K10xas long as short
SunX AAPL-USDT0.0000%8h338.91+0.018%$868$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.75−0.030%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.01+0.047%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.91+0.018%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0013%1h338.850.000%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.76−0.025%$760K$2.4M20xas long as short
Lighter RH AAPLlong+0.0032%1h338.85long leg$951K$3.6M20x
Arcus AAPL-USD+0.0040%1h338.81−0.012%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.69−0.047%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78−0.021%$659K$673K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.64−0.062%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.86+0.003%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.67−0.053%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0060%1h338.83−0.006%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.83−0.006%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.74−0.032%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.82−0.009%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.80−0.014%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.25+0.118%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.96+0.032%$5K$11K20xas long as short