Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0381%/8h= −41.7% APRpaid last 24h −0.214%

Price spread now: edgeX against Lighter RH+0.004%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Lighter RH Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.615%−$61 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.004%, 7d avg +0.019%

Together, before fees−0.532%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AAPL	339.71	0.0032	pay 0.0004% / 1h	15m 39s	$1.0M	$3.2M	20x
Short	edgeX AAPLUSDC	339.72	−0.0349	pay 0.0174% / 4h	2h 15m	$81K	$328K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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 Lighter RHbpFee edgeXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$79.98
Price spread: +0.004% → +0.019%: −$1.5
Slippage, 4 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$105.48
Costs to cover: 0.240%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 6 min ago; edgeX: live order book, 35 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 RH live order book, 6 min ago	1.18 bp	1.4 bp −$1	4.9 bp −$49	46.6 bp −$4,664	doesn't fit
Sell edgeX live order book, 35 min ago	4.27 bp	11.3 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit

AAPL on 33 exchanges

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 AAPLUSDCshort	−0.0349%	4h	339.72	+0.004%	$81K	$328K	20x
Nado AAPL-PERP	−0.0008%	1h	339.66	−0.013%	$556K	$30K	20x	as long as short
BloFin AAPL-USDT	−0.0005%	8h	339.79	+0.024%	$348K	$166K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.64	−0.021%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.73	+0.004%	$288K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.83	+0.035%	$22.1M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.86	+0.044%	$6.5M	$252.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.77	+0.018%	$6.3M	$6.8M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	339.63	−0.024%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.61	−0.029%	$3.0M	$7.0M	100x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.77	+0.018%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.83	+0.037%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.75	+0.012%	$13K	$348K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.83	+0.035%	$673	$4.2M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.97	+0.077%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.80	+0.026%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0031%	1h	339.75	+0.012%	$3.2M	$4.3M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.74	+0.008%	$931K	$2.6M	20x	as long as short
Lighter RH AAPLlong	+0.0032%	1h	339.71	long leg	$1.0M	$3.2M	20x
Vest AAPL-USD-PERP	+0.0046%	1h	339.55	−0.047%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.69	−0.006%	$279K	$349K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.70	−0.003%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.47	−0.071%	$1.3M	$2.2M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0052%	1h	339.69	−0.006%	$40.4M	$76.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0056%	1h	339.60	−0.032%	$663K	$652K	10x	as long as short
Arcus AAPL-USD	+0.0082%	1h	339.65	−0.018%	$267K	$52K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.49	−0.065%	$1.4M	$137K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.72	+0.003%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.67	−0.012%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.61	−0.031%	$11K	$102	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0162%	1h	339.73	+0.006%	$28K	$70K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.03	+0.094%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0235%	1h	339.79	+0.024%	$5K	$12K	20x	as long as short