AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%

Price spread now: tradeXYZ against Lighter+0.006%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.006%, 7d avg −0.038%

Together, before fees−0.117%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.044% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAPL	338.69	0.0032	pay 0.0004% / 1h	23m 01s	$771K	$2.4M	20x
Short	tradeXYZ xyz:AAPL	338.71	0.0059	get 0.0007% / 1h	23m 01s	$40.7M	$75.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.006%Rate

Funding earned: $5.68
Price spread: +0.006% → −0.038%: $4.4
Slippage, 4 orders: −$4.39
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$12.31
Costs to cover: 0.224%
Break-even: 22.2 days

Slippage from Lighter: live order book, 4 min ago; tradeXYZ: live order book, 5 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, 4 min ago	0.55 bp	0.6 bp −$1	1.4 bp −$14	39.3 bp −$3,928	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.29 bp	10.4 bp −$10	12.2 bp −$122	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	−0.0690%	4h	338.76	+0.020%	$81K	$326K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0104%	1h	338.53	−0.047%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0051%	1h	338.71	+0.007%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0015%	8h	338.84	+0.045%	$343K	$169K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.81	+0.035%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.75	+0.018%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.84	+0.045%	$22.2M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.86	+0.050%	$6.0M	$39.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.85	+0.048%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.57	−0.035%	$3.0M	$4.2M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	338.92	+0.068%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.82	+0.040%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.83	+0.042%	$17K	$424K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.82	+0.039%	$491	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.94	+0.074%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.84	+0.045%	$2.1M	$6K	10x	as long as short
QFEX AAPL-USD	+0.0013%	1h	338.78	+0.027%	$3.2M	$4.8M	10x	as long as short
Lighter AAPLlong	+0.0032%	1h	338.69	long leg	$771K	$2.4M	20x
Lighter RH AAPL	+0.0032%	1h	338.72	+0.009%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.72	+0.009%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.62	−0.020%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.78	+0.027%	$659K	$673K	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.55	−0.041%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.72	+0.009%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.55	−0.041%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPLshort	+0.0059%	1h	338.71	+0.006%	$40.7M	$75.8M	20x
KuCoin AAPLUSDTM	+0.0100%	8h	338.75	+0.018%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.62	−0.020%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.70	+0.003%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.70	+0.004%	$10K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0112%	1h	338.70	+0.003%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.57	−0.035%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.79	+0.030%	$5K	$11K	20x	as long as short