Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.013%
Price spread now: Lighter against OKX−0.018%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.150% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.018%, 7d avg −0.029%
=Together, before fees+0.117%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAPL-USDT-SWAP | 338.96 | 0 | get 0.0000% / 8h | 2h 07m | $6.6M | $6.9M | 25x |
| Short | Lighter AAPL | 338.90 | 0.0032 | get 0.0004% / 1h | 7m 07s | $761K | $2.5M | 20x |
OKX AAPL-USDT-SWAP
Lighter AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $6.72
- Price spread: −0.018% → −0.029%
- $1.04
- Slippage, 4 orders
- −$4.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.23
- Costs to cover
- 0.150%
- Break-even
- 14.5 days
Slippage from OKX: live order book, 1 min ago; Lighter: live order book, 10 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 OKX live order book, 1 min ago | 0.15 bp | 7.2 bp −$7 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 0.81 bp | 1.2 bp −$1 | 5.5 bp −$55 | 146.9 bp −$14.7K | 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 | −0.0706% | 4h | 339.06 | +0.031% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.08 | +0.035% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.98 | +0.006% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.03 | +0.021% | $22.3M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.08 | +0.035% | $6.2M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAPlong | 0.0000% | 8h | 338.96 | long leg | $6.6M | $6.9M | 25x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.83 | −0.038% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.06 | +0.030% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.07 | +0.032% | $2.5M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.01 | +0.016% | $14K | $510K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.012% | $475 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.77 | −0.056% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.050% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.12 | +0.047% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0013% | 8h | 339.04 | +0.024% | $353K | $165K | 20x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 338.90 | −0.018% | $761K | $2.5M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.95 | −0.003% | $973K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.67 | −0.086% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 339.01 | +0.015% | $3.2M | $5.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.73 | −0.068% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.98 | +0.006% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.72 | −0.071% | $1.4M | $2.3M | 20x | as long as short |
| Nado AAPL-PERP | +0.0086% | 1h | 338.75 | −0.062% | $556K | $35K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.056% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.68 | −0.083% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.95 | −0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.98 | +0.005% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.98 | +0.006% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 339.00 | +0.012% | $661K | $675K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.83 | +0.257% | $191K | $44K | 30x | as long as short |
| tradeXYZ xyz:AAPL | +0.0221% | 1h | 339.00 | +0.012% | $41.0M | $77.0M | 20x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.08 | +0.035% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.98 | +0.006% | $270K | $69K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter RH AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD