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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter+0.010%108s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 7 days+0.020%+$2 · spread now +0.010%, 7d avg +0.021%
Together, before fees+0.160%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AAPL338.600.0032pay 0.0004% / 1h23m 41s$770K$2.3M20x
ShortApeX Omni AAPLUSDT338.630.0100get 0.0013% / 1h23m 41s$946K$10.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$14.28
Price spread: +0.010% → +0.021%
−$1.15
Slippage, 4 orders
−$6.09
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$2.96
Costs to cover
0.161%
Break-even
8.5 days
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 3 min ago0.43 bp0.7 bp −$11.7 bp −$1759.7 bp −$5,974doesn't fit
Sell ApeX Omni live order book, just now2.07 bp7.6 bp −$89.1 bp −$91doesn't fitdoesn'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−0.0365%4h338.80+0.060%$81K$325K20xas long as short
Nado AAPL-PERP−0.0018%1h338.600.000%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.80+0.061%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.74+0.042%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.69+0.027%$6.4M$6.5M25xas long as short
Gate AAPL_USDT0.0000%8h338.51−0.026%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.90+0.090%$17K$489K10xas long as short
SunX AAPL-USDT0.0000%8h338.72+0.036%$484$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.63+0.010%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h338.84+0.072%$52K$225K30xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex AAPLUSDT0.0000%4h338.90+0.089%$2.1M$6K10xas long as short
Lighter AAPLlong+0.0032%1h338.60long leg$770K$2.3M20x
Lighter RH AAPL+0.0032%1h338.65+0.016%$956K$3.6M20xas long as short
Bitget AAPLUSDT+0.0032%8h338.75+0.045%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.48−0.035%$47K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.63+0.010%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.53−0.020%$263K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.63+0.010%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.51−0.026%$1.4M$2.5M20xas long as short
Hotstuff AAPL-PERP+0.0056%1h338.59−0.002%$36K20xas long as short
QFEX AAPL-USD+0.0059%1h338.63+0.010%$3.2M$5.0M10xas long as short
Variational Omni AAPL+0.0083%8h338.82+0.067%$2.4M$1.4Mas long as short
KuCoin AAPLUSDTM+0.0100%8h338.61+0.004%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDTshort+0.0100%1h338.63+0.010%$946K$10.9M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.71+0.033%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.66+0.019%$10K10xas long as short
Binance AAPLUSDT+0.0106%8h338.73+0.039%$22.2M$66.8M25xas long as short
Extended AAPL_24_5-USD+0.0112%1h338.65+0.016%$286K$2.3M10xas long as short
BloFin AAPL-USDT+0.0115%8h338.82+0.066%$346K$169K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.61+0.004%$655K$667K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.58−0.005%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.90+0.089%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.72+0.036%$269K$70K20xas long as short