Funding you earn now, next payment 20:00 UTC−0.0017%/8hpaid last 24h +0.012%
Price spread now: BloFin against Lighter+0.016%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)+0.041%+$4 · spread now +0.016%, 7d avg +0.051%
=Together, before fees+0.073%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.035% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 339.39 | 0.0032 | pay 0.0004% / 1h | 22m 39s | $711K | $2.4M | 20x |
| Short | BloFin AAPL-USDT | 339.44 | 0.0015 | get 0.0015% / 8h | 4h 22m | $316K | $157K | 20x |
Lighter AAPL
BloFin AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- −$3.58
- Price spread: +0.016% → +0.051%
- −$3.48
- Slippage, 4 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.06
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; BloFin: 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 Lighter live order book, 8 min ago | 0.53 bp | 0.7 bp −$1 | 1.8 bp −$18 | 25.3 bp −$2,529 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.29 bp | 6.3 bp −$6 | 7.1 bp −$71 | 16.6 bp −$1,661 | 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 | −0.0413% | 4h | 339.44 | +0.015% | $81K | $325K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0032% | 1h | 339.36 | −0.008% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | −0.0030% | 8h | 339.16 | −0.067% | $1.4M | $26K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.41 | +0.008% | $128K | $282K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.40 | +0.005% | $286K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.41 | +0.007% | $22.3M | $63.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.45 | +0.019% | $6.6M | $24.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.32 | −0.019% | $6.6M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.21 | −0.052% | $3.0M | $3.8M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.39 | +0.001% | $6.3M | $3.0M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
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 | 339.44 | +0.014% | $2.1M | $1.0M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.39 | +0.001% | $12K | $524K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.45 | +0.019% | $645 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.52 | +0.039% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.61 | +0.066% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.42 | +0.010% | $3.3M | $4.6M | 10x | as long as short |
| BloFin AAPL-USDTshort | +0.0015% | 8h | 339.44 | +0.016% | $316K | $157K | 20x | |
| Lighter AAPLlong | +0.0032% | 1h | 339.39 | long leg | $711K | $2.4M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.37 | −0.005% | $960K | $3.9M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.39 | +0.001% | $270K | $81K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.19 | −0.058% | — | $9K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.30 | −0.025% | $267K | $283K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.36 | −0.008% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.11 | −0.081% | $1.2M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0061% | 1h | 339.35 | −0.011% | $41.3M | $75.6M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.36 | −0.008% | $662K | $562K | 10x | as long as short |
| Nado AAPL-PERP | +0.0083% | 1h | 339.29 | −0.029% | $557K | $34K | 20x | as long as short |
| Phoenix AAPL | +0.0094% | 1h | 339.55 | +0.048% | $2K | $12K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.22 | −0.049% | $948K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.34 | −0.014% | $4K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0104% | 1h | 339.39 | +0.001% | $28K | $64K | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.36 | −0.006% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.15 | −0.070% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Nado AAPL-PERP
Phoenix AAPL
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Deribit AAPL_USDC-PERPETUAL
Aevo AAPL-PERP
Injective AAPL/USDC PERP