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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter against QFEX−0.006%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$140.144% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.026%+$3 on $10k
Price spread, last 7 days−0.026%−$3 · spread now −0.006%, 7d avg −0.022%
Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AAPL-USD339.320.0023pay 0.0003% / 1h48m 22s$3.3M$4.2M10x
ShortLighter AAPL339.300.0032get 0.0004% / 1h48m 22s$924K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. 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
$1.81
Price spread: −0.006% → −0.022%
$1.6
Slippage, 4 orders
−$4.39
Fee QFEX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.98
Costs to cover
0.144%
Break-even
49.4 days
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 7 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 QFEX live order book, 3 min ago1.33 bp6.3 bp −$67.1 bp −$7111.5 bp −$1,154doesn't fit
Sell Lighter live order book, 7 min ago0.37 bp1.2 bp −$12.1 bp −$2128.4 bp −$2,840doesn't fit

AAPL on 33 exchanges

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−0.0324%4h339.40+0.023%$81K$327K20xas long as short
BloFin AAPL-USDT−0.0024%8h339.28−0.012%$351K$166K20xas long as short
Nado AAPL-PERP−0.0008%1h339.29−0.009%$555K$28K20xas long as short
Aster AAPLUSDT0.0000%8h339.32+0.001%$120K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.23−0.028%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.34+0.004%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.30−0.006%$6.5M$285.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.36+0.012%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.16−0.047%$3.0M$7.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.39+0.021%$6.2M$3.5M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.43+0.031%$2.5M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.51+0.055%$12K$339K10xas long as short
SunX AAPL-USDT0.0000%8h339.39+0.021%$679$4.1M20xas long as short
HTX AAPL-USDT0.0000%8h339.21−0.032%$62K$241K30xas long as short
Phemex AAPLUSDT0.0000%4h339.42+0.029%$2.1M$7K10xas long as short
QFEX AAPL-USDlong+0.0023%1h339.32long leg$3.3M$4.2M10x
Lighter AAPLshort+0.0032%1h339.30−0.006%$924K$2.4M20x
Lighter RH AAPL+0.0032%1h339.33+0.003%$1.0M$3.0M20xas long as short
Arcus AAPL-USD+0.0040%1h339.13−0.056%$266K$48K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.22−0.029%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.35+0.009%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.29−0.009%$40.5M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.28−0.012%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.27−0.015%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.14−0.053%$1.3M$2.2M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.24−0.024%$1.4M$211K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.30−0.006%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.22−0.029%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.23−0.026%$11K$10210xas long as short
Coinbase International AAPL-PERP-INTX+0.0128%1h339.38+0.018%$659K$629K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0133%1h339.34+0.006%$28K$68K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.66+0.100%$191K$44K30xas long as short
Phoenix AAPL+0.0283%1h339.50+0.053%$5K$12K20xas long as short