Funding you earn now, next payment 10:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%
Price spread now: Injective against Lighter RH+0.135%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.135%, 7d avg +0.094%
=Together, before fees+0.120%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.041% dearer against Lighter RH than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AAPL | 339.89 | 0.0032 | pay 0.0004% / 1h | 58m 45s | $986K | $3.1M | 20x |
| Short | Injective AAPL/USDC PERP | 340.35 | 0.0220 | get 0.0028% / 1h | 58m 45s | $192K | $44K | 30x |
Lighter RH AAPL
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $39.48
- Price spread: +0.135% → +0.094%
- $4.11
- Slippage, 4 orders
- −$23.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $20.25
- Costs to cover
- 0.233%
- Break-even
- 3.4 days
Slippage from Lighter RH: live order book, 5 min ago; Injective: live order book, 35 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, 5 min ago | 0.44 bp | 0.8 bp −$1 | 4.4 bp −$44 | 44.8 bp −$4,483 | doesn't fit |
| Sell Injective live order book, 35 min ago | 9.99 bp | 10.0 bp −$10 | 10.0 bp −$100 | 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 | −0.0644% | 4h | 339.93 | +0.012% | $81K | $328K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0040% | 1h | 339.92 | +0.009% | $36K | — | 20x | as long as short |
| BloFin AAPL-USDT | −0.0020% | 8h | 339.95 | +0.018% | $345K | $166K | 20x | as long as short |
| Nado AAPL-PERP | −0.0001% | 1h | 339.86 | −0.008% | $556K | $35K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.91 | +0.005% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.85 | −0.013% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.94 | +0.015% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.99 | +0.029% | $7.6M | $227.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.89 | 0.000% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.73 | −0.047% | $3.0M | $6.6M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
BloFin AAPL-USDT
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.95 | +0.018% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.00 | +0.031% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.99 | +0.031% | $22K | $345K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.035% | $551 | $4.3M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.81 | −0.024% | $62K | $242K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.98 | +0.026% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.90 | +0.003% | $3.3M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.90 | +0.002% | $928K | $2.6M | 20x | as long as short |
| Lighter RH AAPLlong | +0.0032% | 1h | 339.89 | long leg | $986K | $3.1M | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.80 | −0.026% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.90 | +0.003% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.88 | −0.003% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.75 | −0.041% | $1.3M | $2.2M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0056% | 1h | 339.97 | +0.024% | $661K | $654K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0059% | 1h | 339.88 | −0.003% | $40.4M | $76.7M | 20x | as long as short |
| Arcus AAPL-USD | +0.0082% | 1h | 339.90 | +0.003% | $267K | $60K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.76 | −0.038% | $1.4M | $102K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.86 | −0.009% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.86 | −0.009% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.86 | −0.008% | $11K | $102 | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0133% | 1h | 339.91 | +0.006% | $28K | $70K | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.07 | +0.053% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 340.35 | +0.135% | $192K | $44K | 30x |
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Arcus AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL