Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.2% APRnext payment +$0.22 per $10,000 · paid last 24h +0.016%
Price spread now: Lighter RH against Nado+0.002%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 4 days (all we have)+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.002%, 7d avg −0.001%
=Together, before fees+0.018%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 339.75 | −0.0144 | get 0.0018% / 1h | 6m 31s | $556K | $37K | 20x |
| Short | Lighter RH AAPL | 339.76 | 0.0032 | get 0.0004% / 1h | 6m 31s | $949K | $3.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- $36.91
- Price spread: +0.002% → −0.001%
- $0.38
- Slippage, 4 orders
- −$20.08
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $10.22
- Costs to cover
- 0.271%
- Break-even
- 5.1 days
Slippage from Nado: live order book, 32 min ago; Lighter RH: live order book, 2 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 Nado live order book, 32 min ago | 0.59 bp | 12.2 bp −$12 | 67.3 bp −$673 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.47 bp | 1.6 bp −$2 | 4.7 bp −$47 | 41.8 bp −$4,185 | 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 | −0.0191% | 4h | 339.74 | −0.003% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERPlong | −0.0144% | 1h | 339.75 | long leg | $556K | $37K | 20x | |
| Deribit AAPL_USDC-PERPETUAL | −0.0074% | 1h | 339.63 | −0.036% | $28K | $69K | 10x | as long as short |
| BloFin AAPL-USDT | −0.0007% | 8h | 339.82 | +0.020% | $344K | $167K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.76 | +0.002% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.77 | +0.005% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.85 | +0.028% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.80 | +0.014% | $7.5M | $163.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.77 | +0.005% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | −0.030% | $3.0M | $5.6M | 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 | 339.84 | +0.026% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.77 | +0.007% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.82 | +0.020% | $13K | $357K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.82 | +0.020% | $506 | $4.5M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.96 | +0.061% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.80 | +0.014% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.75 | 0.000% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.78 | +0.010% | $942K | $2.7M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 339.76 | +0.002% | $949K | $3.5M | 20x | |
| Hotstuff AAPL-PERP | +0.0032% | 1h | 339.77 | +0.005% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.70 | −0.015% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.68 | −0.021% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.77 | +0.005% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | −0.009% | $279K | $423K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.79 | +0.011% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.59 | −0.048% | $1.3M | $2.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.059% | $660K | $660K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.69 | −0.018% | $1.4M | $55K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.65 | −0.030% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.72 | −0.009% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.72 | −0.010% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.61 | −0.042% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.85 | +0.029% | $5K | $12K | 20x | as long as short |
Lighter RH AAPL
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL