Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against Nado−0.009%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 3 days (all we have)+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.009%, 7d avg −0.014%
=Together, before fees+0.049%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 338.69 | −0.0042 | get 0.0005% / 1h | 10m 14s | $554K | $38K | 20x |
| Short | Lighter AAPL | 338.66 | 0.0032 | get 0.0004% / 1h | 10m 14s | $777K | $2.5M | 20x |
Nado AAPL-PERP
Lighter AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- $15.53
- Price spread: −0.009% → −0.014%
- $0.44
- Slippage, 4 orders
- −$11.81
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.84
- Costs to cover
- 0.188%
- Break-even
- 8.3 days
Slippage from Nado: live order book, 53 min ago; Lighter: live order book, 2 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 Nado live order book, 53 min ago | 0.15 bp | 13.4 bp −$13 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.37 bp | 0.4 bp $0 | 1.3 bp −$13 | 60.9 bp −$6,090 | 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 | −0.0967% | 4h | 338.79 | +0.028% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERPlong | −0.0042% | 1h | 338.69 | long leg | $554K | $38K | 20x | |
| BloFin AAPL-USDT | −0.0013% | 8h | 338.82 | +0.037% | $344K | $169K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.84 | +0.044% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.76 | +0.020% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.85 | +0.046% | $22.2M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.87 | +0.052% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | +0.064% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.60 | −0.028% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.92 | +0.067% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.81 | +0.033% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.85 | +0.046% | $17K | $424K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.85 | +0.046% | $400 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.57 | −0.037% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.087% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.85 | +0.046% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.77 | +0.022% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 338.66 | −0.009% | $777K | $2.5M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.74 | +0.014% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.74 | +0.014% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.59 | −0.031% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | +0.025% | $659K | $672K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.57 | −0.037% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.77 | +0.022% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.54 | −0.045% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 338.73 | +0.011% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0072% | 1h | 338.76 | +0.020% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.75 | +0.017% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.62 | −0.022% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.74 | +0.014% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.72 | +0.009% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.19 | +0.146% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.88 | +0.055% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL