AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%

Price spread now: Injective against Lighter−0.048%66s7-day average +0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.212% of the position

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.048%, 7d avg +0.110%

Together, before fees+0.395%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 0.158% cheaper against Lighter than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.110%). If the spread goes back, that is −$16 on $10k: about 2.8 days of funding at the current rate (+$6 a day). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAPL	338.87	0.0032	pay 0.0004% / 1h	39m 55s	$744K	$2.3M	20x
Short	Injective AAPL/USDC PERP	338.71	0.0220	get 0.0028% / 1h	39m 55s	$191K	$44K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee LighterbpFee InjectivebpOrdersPrice spread, now −0.048%Rate

Funding earned: $39.48
Price spread: −0.048% → +0.110%: −$15.83
Slippage, 4 orders: −$21.14
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $2.49
Costs to cover: 0.212%
Break-even: 6.6 days

Slippage from Lighter: live order book, 2 min ago; Injective: live order book, 29 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, 2 min ago	0.34 bp	0.5 bp $0	1.0 bp −$10	50.7 bp −$5,065	doesn't fit
Sell Injective live order book, 29 min ago	8.71 bp	11.2 bp −$11	11.4 bp −$114	doesn't fit	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	−0.0989%	4h	338.90	+0.009%	$81K	$325K	20x	as long as short
Nado AAPL-PERP	−0.0066%	1h	338.78	−0.028%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.99	+0.035%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.00	+0.037%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.09	+0.064%	$6.4M	$6.7M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	338.84	−0.010%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.80	−0.022%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.03	+0.046%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.87	0.000%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.97	+0.029%	$800	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	339.09	+0.064%	$52K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.023%	$2.1M	$6K	10x	as long as short
QFEX AAPL-USD	+0.0028%	1h	338.92	+0.014%	$3.2M	$4.9M	10x	as long as short
Variational Omni AAPL	+0.0031%	8h	338.95	+0.024%	$2.4M	$1.4M	—	as long as short
Lighter AAPLlong	+0.0032%	1h	338.87	long leg	$744K	$2.3M	20x
Lighter RH AAPL	+0.0032%	1h	338.90	+0.008%	$954K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.83	−0.013%	$269K	$70K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.71	−0.048%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.66	−0.063%	$261K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.91	+0.011%	$75K	$3K	10x	as long as short
BloFin AAPL-USDT	+0.0050%	8h	338.91	+0.011%	$347K	$169K	20x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.77	−0.030%	$1.4M	$2.4M	20x	as long as short
Binance AAPLUSDT	+0.0063%	8h	339.00	+0.037%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0064%	1h	338.92	+0.013%	$284K	$2.0M	10x	as long as short
tradeXYZ xyz:AAPL	+0.0097%	1h	338.90	+0.008%	$40.8M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.71	−0.048%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.69	−0.054%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.86	−0.004%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.85	−0.006%	$11K	—	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0104%	1h	338.93	+0.017%	$28K	$67K	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0136%	1h	338.51	−0.107%	$655K	$665K	10x	as long as short
Injective AAPL/USDC PERPshort	+0.0220%	1h	338.71	−0.048%	$191K	$44K	30x
Phoenix AAPL	+0.0236%	1h	338.95	+0.023%	$5K	$11K	20x	as long as short