Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.021%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days−0.064%−$6 · spread now −0.021%, 7d avg −0.047%
Together, before fees−0.020%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$2 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 Ondo Perps is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL339.760.0032pay 0.0004% / 1h33m 30s$950K$3.5M20x
ShortOndo Perps AAPL-USD.P339.690.0050get 0.0006% / 1h33m 30s$1.3M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$3.86
Price spread: −0.021% → −0.047%
$2.61
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.48
Costs to cover
0.050%
Break-even
4.3 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 5 min ago1.33 bp1.9 bp −$24.8 bp −$4842.0 bp −$4,203doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0920%4h339.68−0.023%$81K$327K20xas long as short
Nado AAPL-PERP−0.0157%1h339.80+0.013%$556K$37K20xas long as short
Hotstuff AAPL-PERP−0.0072%1h339.83+0.021%$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.76−0.001%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.82+0.017%$289K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.91+0.044%$22.1M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.90+0.041%$7.4M$138.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.89+0.038%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.69−0.021%$3.0M$5.4M100xas long as short
Bitget AAPLUSDT0.0000%8h339.89+0.038%$6.2M$3.6M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.74−0.007%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.85+0.026%$13K$357K10xas long as short
SunX AAPL-USDT0.0000%8h339.91+0.044%$690$4.5M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.68−0.024%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h339.82+0.018%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h339.89+0.038%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0025%8h339.79+0.009%$342K$167K20xas long as short
QFEX AAPL-USD+0.0027%1h339.81+0.015%$3.2M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.78+0.006%$942K$2.7M20xas long as short
Lighter RH AAPLlong+0.0032%1h339.76long leg$950K$3.5M20x
Arcus AAPL-USD+0.0040%1h339.69−0.021%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.75−0.003%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.83+0.021%$40.6M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.74−0.006%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.82+0.018%$75K$3K10xas long as short
Ondo Perps AAPL-USD.Pshort+0.0050%1h339.69−0.021%$1.3M$2.4M20x
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.062%$660K$661K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.58−0.053%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.77+0.003%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.77+0.003%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.73−0.008%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.61−0.044%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.87+0.032%$5K$12K20xas long as short