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: Lighter RH against QFEX−0.027%7-day average +0.001% · 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−$19as in the Price arb table
costs, in and out, $10k−$160.162% of the position
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.027%, 7d avg +0.001%
=Together, before fees+0.048%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.028% cheaper against QFEX than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.001%). If the spread goes back, that is −$3 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AAPL-USD | 338.83 | 0.0013 | pay 0.0002% / 1h | 7m 17s | $3.2M | $4.8M | 10x |
| Short | Lighter RH AAPL | 338.74 | 0.0032 | get 0.0004% / 1h | 7m 17s | $947K | $3.6M | 20x |
QFEX AAPL-USD
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. 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
- $3.95
- Price spread: −0.027% → +0.001%
- −$2.75
- Slippage, 4 orders
- −$6.16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$14.97
- Costs to cover
- 0.162%
- Break-even
- 33.5 days
Slippage from QFEX: live order book, 6 min ago; Lighter RH: live order book, 1 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 QFEX live order book, 6 min ago | 1.33 bp | 6.3 bp −$6 | 7.0 bp −$70 | 12.4 bp −$1,238 | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 0.89 bp | 1.2 bp −$1 | 2.6 bp −$26 | 40.6 bp −$4,059 | 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 | −0.0866% | 4h | 338.79 | −0.012% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0045% | 1h | 338.59 | −0.071% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0043% | 1h | 338.72 | −0.032% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.84 | +0.002% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.80 | −0.010% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.88 | +0.016% | $22.2M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.88 | +0.015% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | +0.024% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.60 | −0.068% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.95 | +0.035% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
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 | −0.007% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.83 | 0.000% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.85 | +0.006% | $505 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.95 | +0.035% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.85 | +0.006% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USDlong | +0.0013% | 1h | 338.83 | long leg | $3.2M | $4.8M | 10x | |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 338.77 | −0.018% | $36K | — | 20x | as long as short |
| BloFin AAPL-USDT | +0.0019% | 8h | 338.82 | −0.003% | $342K | $168K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.72 | −0.031% | $777K | $2.5M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 338.74 | −0.027% | $947K | $3.6M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 338.74 | −0.027% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.65 | −0.053% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | −0.015% | $659K | $672K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.60 | −0.068% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.80 | −0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.54 | −0.086% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0072% | 1h | 338.79 | −0.012% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.75 | −0.024% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.64 | −0.056% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.73 | −0.030% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.74 | −0.028% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.60 | −0.068% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.83 | 0.000% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Hotstuff AAPL-PERP
BloFin AAPL-USDT
Lighter 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
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL