Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.004%
Price spread now: Deribit against Lighter+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.67 | 0.0032 | pay 0.0004% / 1h | 24m 58s | $770K | $2.3M | 20x |
| Short | Deribit AAPL_USDC-PERPETUAL | 338.68 | 0.0104 | get 0.0013% / 1h | 24m 58s | $28K | $66K | 10x |
Lighter AAPL
Deribit AAPL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $15.21
- Price spread: +0.004% → 0.000%
- $0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $8.6
- Costs to cover
- 0.070%
- Break-even
- 3.0 days
Slippage unknown: Lighter: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
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, 2 min ago | 0.43 bp | 0.7 bp −$1 | 1.7 bp −$17 | 59.7 bp −$5,974 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0365% | 4h | 338.80 | +0.039% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0018% | 1h | 338.61 | −0.016% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.85 | +0.055% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.85 | +0.054% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.81 | +0.042% | $6.4M | $6.5M | 25x | as long as short |
| Hotstuff AAPL-PERP | 0.0000% | 1h | 338.69 | +0.007% | $36K | — | 20x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.61 | −0.017% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.90 | +0.070% | $17K | $489K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.82 | +0.045% | $613 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.93 | +0.078% | $52K | $224K | 30x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Hotstuff AAPL-PERP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.90 | +0.069% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.67 | long leg | $770K | $2.3M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.76 | +0.027% | $957K | $3.6M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0038% | 8h | 338.81 | +0.042% | $6.2M | $3.4M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.56 | −0.032% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.74 | +0.022% | $40.8M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.62 | −0.014% | $263K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.71 | +0.013% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.51 | −0.046% | $1.4M | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.79 | +0.036% | $3.2M | $5.0M | 10x | as long as short |
| Variational Omni AAPL | +0.0083% | 8h | 338.82 | +0.047% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.60 | −0.020% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.63 | −0.011% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.74 | +0.022% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.74 | +0.023% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUALshort | +0.0104% | 1h | 338.68 | +0.004% | $28K | $66K | 10x | |
| Binance AAPLUSDT | +0.0109% | 8h | 338.82 | +0.045% | $22.2M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.75 | +0.026% | $286K | $2.4M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0115% | 8h | 338.82 | +0.045% | $346K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.61 | −0.017% | $655K | $668K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.58 | −0.026% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.90 | +0.069% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.77 | +0.030% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Lighter RH AAPL
Bitget AAPLUSDT
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD