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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.018%
Price spread now: Nado against Lighter RH−0.058%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.080%−$8 on $10k
Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.058%, 7d avg +0.002%
Together, before fees−0.029%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.059% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.002%). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL338.920.0032pay 0.0004% / 1h20m 00s$962K$3.8M20x
ShortNado AAPL-PERP338.720.0118get 0.0015% / 1h20m 00s$556K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$18.09
Price spread: −0.058% → +0.002%
−$5.94
Slippage, 4 orders
−$20.04
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$14.89
Costs to cover
0.270%
Break-even
12.8 days
Slippage from Lighter RH: live order book, 3 min ago; Nado: live order book, 58 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, 3 min ago0.88 bp1.5 bp −$25.7 bp −$5748.4 bp −$4,840doesn't fit
Sell Nado live order book, 58 min ago0.15 bp10.7 bp −$1129.9 bp −$299doesn'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−0.0889%4h339.01+0.025%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.02+0.030%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.04+0.035%$6.1M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.01+0.027%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.81−0.032%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.05+0.038%$461$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.15+0.068%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.08+0.047%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0022%8h339.08+0.047%$14K$498K10xas long as short
Lighter RH AAPLlong+0.0032%1h338.92long leg$962K$3.8M20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AAPL-USD-PERP+0.0046%1h338.67−0.074%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.86−0.018%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.90−0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.77−0.044%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h338.86−0.018%$3.2M$5.1M10xas long as short
Bitget AAPLUSDT+0.0068%8h339.05+0.038%$6.2M$3.5M100xas long as short
Lighter AAPL+0.0072%1h338.88−0.011%$771K$2.4M20xas long as short
Variational Omni AAPL+0.0087%8h339.06+0.040%$2.4M$1.4Mas long as short
Hotstuff AAPL-PERP+0.0088%1h338.91−0.003%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.75−0.050%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.74−0.053%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.94+0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.98+0.017%$11K10xas long as short
Binance AAPLUSDT+0.0110%8h339.04+0.035%$22.4M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0112%1h338.98+0.018%$285K$1.5M10xas long as short
BloFin AAPL-USDT+0.0117%8h339.04+0.035%$348K$167K20xas long as short
Nado AAPL-PERPshort+0.0118%1h338.72−0.058%$556K$33K20x
tradeXYZ xyz:AAPL+0.0185%1h338.89−0.009%$40.8M$76.2M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.032%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.50+0.171%$191K$44K30xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0222%1h338.85−0.021%$28K$66K10xas long as short
Phoenix AAPL+0.0330%1h339.10+0.053%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.88−0.012%$269K$70K20xas long as short