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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Ondo Perps+0.059%7-day average +0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.059%, 7d avg +0.023%
Together, before fees−0.044%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.037% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.023%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AAPL-USD.P338.580.0050pay 0.0006% / 1h33m 30s$1.4M$2.5M20x
ShortLighter AAPL338.780.0032get 0.0004% / 1h33m 30s$770K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$3.86
Price spread: +0.059% → +0.023%
$3.65
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.21
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Lighter live order book, 3 min ago0.44 bp0.6 bp −$11.3 bp −$1348.5 bp −$4,854doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0386%4h338.84+0.078%$81K$326K20xas long as short
Nado AAPL-PERP−0.0023%1h338.74+0.049%$556K$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.96+0.113%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.90+0.095%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.89+0.092%$6.4M$6.5M25xas long as short
Gate AAPL_USDT0.0000%8h338.69+0.032%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.93+0.103%$13K$479K10xas long as short
SunX AAPL-USDT0.0000%8h338.88+0.089%$817$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.71+0.038%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h338.98+0.118%$53K$225K30xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex AAPLUSDT0.0000%4h338.95+0.109%$2.1M$6K10xas long as short
Lighter AAPLshort+0.0032%1h338.78+0.059%$770K$2.3M20x
Lighter RH AAPL+0.0032%1h338.82+0.071%$957K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.62+0.012%$52K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.79+0.062%$40.8M$75.9M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.65+0.021%$263K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.78+0.059%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Plong+0.0050%1h338.58long leg$1.4M$2.5M20x
Bitget AAPLUSDT+0.0054%8h338.90+0.095%$6.2M$3.4M100xas long as short
QFEX AAPL-USD+0.0059%1h338.89+0.092%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0064%1h338.79+0.062%$36K20xas long as short
Variational Omni AAPL+0.0090%8h338.94+0.105%$2.4M$1.4Mas long as short
KuCoin AAPLUSDTM+0.0100%8h338.59+0.003%$1.4M$26K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.66+0.024%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.81+0.068%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.80+0.065%$11K10xas long as short
Extended AAPL_24_5-USD+0.0112%1h338.84+0.077%$287K$2.4M10xas long as short
Binance AAPLUSDT+0.0113%8h338.91+0.097%$22.2M$66.7M25xas long as short
BloFin AAPL-USDT+0.0128%8h338.88+0.089%$347K$169K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.77+0.056%$659K$663K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.65+0.021%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.93+0.103%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.81+0.068%$269K$70K20xas long as short