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−0.0019%/8h= −2.1% APRnext payment $0.02 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Lighter RH+0.006%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.162% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.006%, 7d avg −0.001%
Together, before fees−0.023%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, 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 AAPL339.110.0032pay 0.0004% / 1h55m 30s$950K$3.5M20x
ShortQFEX AAPL-USD339.130.0013get 0.0002% / 1h55m 30s$3.2M$4.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$3.95
Price spread: +0.006% → −0.001%
$0.69
Slippage, 4 orders
−$6.22
Fee Lighter RH: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$19.49
Costs to cover
0.162%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; QFEX: live order book, 8 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 ago0.74 bp2.0 bp −$26.8 bp −$6847.5 bp −$4,746doesn't fit
Sell QFEX live order book, 8 min ago1.47 bp6.5 bp −$68.1 bp −$8112.6 bp −$1,257doesn't fit

AAPL on 32 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−0.0397%4h339.14+0.009%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0104%1h338.93−0.053%$28K$67K10xas long as short
Nado AAPL-PERP−0.0083%1h339.09−0.007%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.12+0.003%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.110.000%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.19+0.024%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.94−0.050%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.22+0.032%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.21+0.031%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.21+0.028%$17K$433K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.18+0.021%$553$4.7M20xas long as short
HTX AAPL-USDT0.0000%8h339.34+0.068%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.30+0.056%$2.1M$6K10xas long as short
Binance AAPLUSDT+0.0011%8h339.15+0.012%$22.3M$67.0M25xas long as short
QFEX AAPL-USDshort+0.0013%1h339.13+0.006%$3.2M$4.9M10x
Extended AAPL_24_5-USD+0.0016%1h339.08−0.010%$288K$2.0M10xas long as short
Lighter AAPL+0.0032%1h339.06−0.016%$756K$2.4M20xas long as short
Lighter RH AAPLlong+0.0032%1h339.11long leg$950K$3.5M20x
Arcus AAPL-USD+0.0040%1h339.08−0.009%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.00−0.032%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.98−0.038%$656K$671K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.05−0.018%$40.7M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.90−0.062%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.110.000%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.93−0.053%$1.3M$2.5M20xas long as short
Hotstuff AAPL-PERP+0.0080%1h339.10−0.003%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.14+0.009%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.08−0.009%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.04−0.021%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.09−0.005%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.02−0.027%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.29+0.053%$5K$11K20xas long as short