Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Aster+0.008%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.008%, 7d avg −0.046%
=Together, before fees+0.026%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.054% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster AAPLUSDT | 339.71 | 0 | get 0.0000% / 8h | 2h 06m | $121K | $293K | 20x |
| Short | Lighter AAPL | 339.74 | 0.0032 | get 0.0004% / 1h | 6m 10s | $911K | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: +0.008% → −0.046%
- $5.36
- Slippage, 4 orders
- −$37.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.25
- Costs to cover
- 0.453%
- Break-even
- 41.6 days
Slippage from Aster: live order book, 41 min ago; Lighter: live order book, 6 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 Aster live order book, 41 min ago | 3.24 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.50 bp | 0.6 bp −$1 | 2.2 bp −$22 | 31.4 bp −$3,143 | 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 | −0.0800% | 4h | 339.77 | +0.017% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0115% | 1h | 339.71 | +0.001% | $556K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0088% | 1h | 339.78 | +0.020% | $36K | — | 20x | as long as short |
| BloFin AAPL-USDT | −0.0002% | 8h | 339.81 | +0.029% | $339K | $168K | 20x | as long as short |
| Aster AAPLUSDTlong | 0.0000% | 8h | 339.71 | long leg | $121K | $293K | 20x | |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.74 | +0.008% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.84 | +0.039% | $22.1M | $67.6M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.86 | +0.044% | $5.8M | $96.5M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.77 | +0.017% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.57 | −0.041% | $3.0M | $4.9M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.86 | +0.044% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.85 | +0.039% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.80 | +0.025% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.84 | +0.038% | $639 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.72 | +0.003% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.97 | +0.076% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.86 | +0.044% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.74 | +0.009% | $3.3M | $4.4M | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 339.74 | +0.008% | $911K | $2.6M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.74 | +0.009% | $945K | $3.7M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.64 | −0.021% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.58 | −0.039% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.55 | −0.047% | $660K | $661K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.71 | 0.000% | $40.6M | $76.6M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.68 | −0.009% | $282K | $415K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.74 | +0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.58 | −0.039% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.57 | −0.041% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.68 | −0.009% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.71 | 0.000% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.69 | −0.005% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.84 | +0.038% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.56 | −0.044% | $191K | $44K | 30x | as long as short |
Aster AAPLUSDT
Lighter AAPL
edgeX AAPLUSDC
BloFin AAPL-USDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP