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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAPLUSDT339.710get 0.0000% / 8h2h 06m$121K$293K20x
ShortLighter AAPL339.740.0032get 0.0004% / 1h6m 10s$911K$2.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 41 min ago3.24 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.50 bp0.6 bp −$12.2 bp −$2231.4 bp −$3,143doesn't fit

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−0.0800%4h339.77+0.017%$81K$326K20xas long as short
Nado AAPL-PERP−0.0115%1h339.71+0.001%$556K$38K20xas long as short
Hotstuff AAPL-PERP−0.0088%1h339.78+0.020%$36K20xas long as short
BloFin AAPL-USDT−0.0002%8h339.81+0.029%$339K$168K20xas long as short
Aster AAPLUSDTlong0.0000%8h339.71long leg$121K$293K20x
Extended AAPL_24_5-USD0.0000%1h339.74+0.008%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.84+0.039%$22.1M$67.6M25xas long as short
Bybit AAPLUSDT0.0000%8h339.86+0.044%$5.8M$96.5M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.77+0.017%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.57−0.041%$3.0M$4.9M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.86+0.044%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.85+0.039%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.80+0.025%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.84+0.038%$639$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.72+0.003%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.97+0.076%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.86+0.044%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0020%1h339.74+0.009%$3.3M$4.4M10xas long as short
Lighter AAPLshort+0.0032%1h339.74+0.008%$911K$2.6M20x
Lighter RH AAPL+0.0032%1h339.74+0.009%$945K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.64−0.021%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.58−0.039%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.55−0.047%$660K$661K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.710.000%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.68−0.009%$282K$415K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.74+0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.58−0.039%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.57−0.041%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.68−0.009%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.710.000%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.69−0.005%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.84+0.038%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.56−0.044%$191K$44K30xas long as short