Funding you earn now, next payment 05:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.056%
Price spread now: Lighter RH against Injective+0.012%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.012%, 7d avg −0.101%
=Together, before fees−0.303%+ Points / potential airdropLighter RH: Points live · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.113% dearer against Injective than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.101%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 338.77 | 0.0220 | pay 0.0028% / 1h | 42m 58s | $191K | $44K | 30x |
| Short | Lighter RH AAPL | 338.81 | 0.0032 | get 0.0004% / 1h | 42m 58s | $945K | $3.6M | 20x |
Injective AAPL/USDC PERP
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- −$39.48
- Price spread: +0.012% → −0.101%
- $11.27
- Slippage, 4 orders
- −$23.14
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$51.37
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Injective: live order book, 11 min ago; Lighter RH: live order book, 5 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 Injective live order book, 11 min ago | 9.89 bp | 9.9 bp −$10 | 9.9 bp −$99 | 57596.6 bp −$5.76M | 327982.7 bp −$163.99M |
| Sell Lighter RH live order book, 5 min ago | 0.88 bp | 1.9 bp −$2 | 4.3 bp −$43 | 50.0 bp −$5,002 | 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 | −0.0172% | 4h | 338.95 | +0.054% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0105% | 1h | 338.84 | +0.019% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0025% | 8h | 338.96 | +0.056% | $340K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.85 | +0.024% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.81 | +0.011% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.92 | +0.044% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.86 | +0.027% | $5.9M | $62.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.96 | +0.056% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.66 | −0.032% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.95 | +0.053% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
BloFin AAPL-USDT
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 | 339.01 | +0.072% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | +0.046% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | +0.041% | $813 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.70 | −0.021% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.98 | +0.062% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.94 | +0.050% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0030% | 1h | 338.87 | +0.030% | $3.2M | $4.5M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.79 | +0.006% | $783K | $2.4M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 338.81 | +0.012% | $945K | $3.6M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 338.81 | +0.012% | $266K | $65K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.74 | −0.009% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.78 | +0.003% | $40.5M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.80 | +0.009% | $278K | $405K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.79 | +0.006% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.72 | −0.015% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.80 | +0.009% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | +0.003% | $661K | $657K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.57 | −0.059% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.79 | +0.006% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.81 | +0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.81 | +0.012% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 338.77 | long leg | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0236% | 1h | 338.97 | +0.059% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL