Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: HTX against Lighter+0.092%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.092%, 7d avg +0.063%
=Together, before fees−0.154%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.029% dearer against Lighter than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.063%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.92 | 0.0032 | pay 0.0004% / 1h | 49m 11s | $755K | $2.4M | 20x |
| Short | HTX AAPL-USDT | 339.23 | 0 | get 0.0000% / 8h | 5h 49m | $53K | $225K | 30x |
Lighter AAPL
HTX AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: +0.092% → +0.063%
- $2.92
- Slippage, 4 orders
- −$12.22
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$28.02
- Costs to cover
- 0.242%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; HTX: live order book, 12 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 | 0.25 bp | 0.3 bp $0 | 1.7 bp −$17 | 33.7 bp −$3,372 | doesn't fit |
| Sell HTX live order book, 12 min ago | 2.80 bp | 14.4 bp −$14 | 18.4 bp −$184 | doesn't fit | doesn't fit |
AAPL on 32 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 | −0.0552% | 4h | 339.08 | +0.047% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0078% | 1h | 338.90 | −0.005% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.021% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.04 | +0.036% | $285K | $2.0M | 10x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.10 | +0.054% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.16 | +0.071% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | −0.011% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.17 | +0.074% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | +0.064% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.18 | +0.076% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.12 | +0.060% | $359 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.99 | +0.021% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDTshort | 0.0000% | 8h | 339.23 | +0.092% | $53K | $225K | 30x | |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.17 | +0.074% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0003% | 8h | 339.13 | +0.063% | $22.3M | $66.9M | 25x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 339.03 | +0.033% | $3.3M | $4.9M | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 338.92 | long leg | $755K | $2.4M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.97 | +0.015% | $951K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.02 | +0.030% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.88 | −0.011% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.98 | +0.018% | $656K | $663K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.92 | +0.001% | $40.7M | $75.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.84 | −0.023% | $262K | $371K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.00 | +0.024% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.87 | −0.014% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 338.95 | +0.009% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.99 | +0.021% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.97 | +0.015% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.01 | +0.027% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.96 | +0.012% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.90 | −0.005% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.16 | +0.071% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
Phemex AAPLUSDT
Binance AAPLUSDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL