Funding you earn now, next payment 01:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.009%
Price spread now: Extended against Lighter RH−0.004%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$120.119% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now −0.004%, 7d avg +0.047%
=Together, before fees−0.132%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.050% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.047%). If the spread goes back, that is −$5 on $10k: about 46 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AAPL | 338.87 | 0.0032 | pay 0.0004% / 1h | 54m 25s | $957K | $3.6M | 20x |
| Short | Extended AAPL_24_5-USD | 338.86 | 0.0120 | get 0.0015% / 1h | 54m 25s | $285K | $1.5M | 10x |
Lighter RH AAPL
Extended AAPL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.48
- Price spread: −0.004% → +0.047%
- −$5.04
- Slippage, 4 orders
- −$6.86
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.58
- Costs to cover
- 0.119%
- Break-even
- 6.4 days
Slippage from Lighter RH: live order book, 4 min ago; Extended: live order book, 4 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 RH live order book, 4 min ago | 1.33 bp | 2.4 bp −$2 | 7.6 bp −$76 | 53.9 bp −$5,389 | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.15 bp | 3.8 bp −$4 | 16.8 bp −$168 | 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 | −0.0585% | 4h | 338.92 | +0.015% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0115% | 1h | 338.74 | −0.037% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.96 | +0.025% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.94 | +0.021% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.93 | +0.018% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.70 | −0.050% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.02 | +0.044% | $13K | $490K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.92 | +0.015% | $671 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.80 | −0.021% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.97 | +0.030% | $53K | $224K | 30x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.98 | +0.032% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.82 | −0.014% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPLlong | +0.0032% | 1h | 338.87 | long leg | $957K | $3.6M | 20x | |
| Ondo Perps AAPL-USD.P | +0.0038% | 1h | 338.57 | −0.089% | $1.4M | $2.4M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.69 | −0.053% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.78 | −0.027% | $40.8M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.72 | −0.044% | $264K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.80 | −0.021% | $75K | $3K | 10x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.92 | +0.015% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 338.80 | −0.021% | $36K | — | 20x | as long as short |
| Bitget AAPLUSDT | +0.0085% | 8h | 338.96 | +0.027% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.66 | −0.062% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.88 | +0.003% | $947K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.85 | −0.006% | $4K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0104% | 8h | 338.99 | +0.034% | $2.4M | $1.4M | — | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | +0.045% | $11K | — | 10x | as long as short |
| Extended AAPL_24_5-USDshort | +0.0120% | 1h | 338.86 | −0.004% | $285K | $1.5M | 10x | |
| Binance AAPLUSDT | +0.0122% | 8h | 338.92 | +0.015% | $22.3M | $67.0M | 25x | as long as short |
| BloFin AAPL-USDT | +0.0144% | 8h | 338.94 | +0.021% | $346K | $170K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.047% | $660K | $675K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.80 | −0.021% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.01 | +0.041% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.83 | −0.012% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Lighter AAPL
Ondo Perps AAPL-USD.P
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
QFEX AAPL-USD
Hotstuff AAPL-PERP
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Variational Omni AAPL
Aevo AAPL-PERP
Binance AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD