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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: HTX against Lighter RH+0.038%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.215% 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)−0.050%−$5 · spread now +0.038%, 7d avg +0.052%
Together, before fees−0.117%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, 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 AAPL339.660.0032pay 0.0004% / 1h49m 28s$949K$3.5M20x
ShortHTX AAPL-USDT339.790get 0.0000% / 8h49m 28s$62K$245K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.038% → +0.052%
−$1.33
Slippage, 4 orders
−$9.54
Fee Lighter RH: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$29.58
Costs to cover
0.215%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; HTX: live order book, 52 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, 4 min ago1.33 bp1.8 bp −$26.3 bp −$6345.6 bp −$4,561doesn't fit
Sell HTX live order book, 52 min ago2.80 bp8.8 bp −$914.9 bp −$149doesn'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−0.0884%4h339.58−0.024%$81K$327K20xas long as short
Nado AAPL-PERP−0.0115%1h339.75+0.026%$556K$37K20xas long as short
Aster AAPLUSDT0.0000%8h339.76+0.030%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.68+0.006%$289K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h339.77+0.032%$22.1M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.73+0.021%$6.2M$131.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.69+0.009%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.47−0.056%$3.0M$5.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.74+0.024%$6.2M$3.6M100xas long as short
Variational Omni AAPL0.0000%8h339.64−0.004%$2.4M$1.2Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.63−0.009%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.74+0.024%$564$4.5M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.59−0.021%$28K$69K10xas long as short
HTX AAPL-USDTshort0.0000%8h339.79+0.038%$62K$245K30x
Phemex AAPLUSDT0.0000%4h339.78+0.035%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0027%1h339.67+0.003%$3.3M$4.3M10xas long as short
BloFin AAPL-USDT+0.0027%8h339.67+0.003%$343K$168K20xas long as short
Lighter AAPL+0.0032%1h339.69+0.009%$941K$2.7M20xas long as short
Lighter RH AAPLlong+0.0032%1h339.66long leg$949K$3.5M20x
Arcus AAPL-USD+0.0040%1h339.56−0.029%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.63−0.009%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.68+0.006%$40.6M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.68+0.006%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.64−0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.37−0.085%$1.3M$2.4M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.032%$660K$661K10xas long as short
Hotstuff AAPL-PERP+0.0096%1h339.67+0.003%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.59−0.021%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.52−0.041%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.71+0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.71+0.015%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.45−0.062%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.75+0.026%$5K$12K20xas long as short