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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.217%
Price spread now: Lighter against edgeX−0.031%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs+$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.215% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.570%+$57 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now −0.031%, 7d avg −0.031%
Together, before fees+0.527%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.12−0.0272get 0.0136% / 4h2h 47m$81K$328K20x
ShortLighter AAPL339.010.0032get 0.0004% / 1h47m 19s$835K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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
$63.82
Price spread: −0.031% → −0.031%
−$0.02
Slippage, 4 orders
−$12.51
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
$42.29
Costs to cover
0.215%
Break-even
2.4 days
Slippage from edgeX: live order book, 1 min ago; Lighter: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago5.16 bp10.2 bp −$1017.9 bp −$179doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.25 bp0.3 bp $02.1 bp −$2128.5 bp −$2,850doesn't fit

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 AAPLUSDClong−0.0272%4h339.12long leg$81K$328K20x
Nado AAPL-PERP−0.0031%1h339.01−0.032%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.05−0.022%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.08−0.012%$278K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.18+0.018%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.17+0.015%$5.9M$89.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.18+0.018%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.97−0.044%$3.0M$4.6M100xas long as short
Bitget AAPLUSDT0.0000%8h339.25+0.038%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.25+0.037%$2.4M$1.3Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.24+0.035%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.16+0.012%$502$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.01−0.032%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.28+0.047%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.26+0.041%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0006%8h339.20+0.024%$342K$168K20xas long as short
QFEX AAPL-USD+0.0020%1h339.08−0.012%$3.2M$4.4M10xas long as short
Hotstuff AAPL-PERP+0.0024%1h339.02−0.029%$36K20xas long as short
Lighter AAPLshort+0.0032%1h339.01−0.031%$835K$2.5M20x
Lighter RH AAPL+0.0032%1h339.04−0.023%$946K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.02−0.029%$266K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.94−0.053%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.08−0.012%$662K$657K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.03−0.026%$40.5M$76.3M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.10−0.006%$277K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.03−0.026%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.90−0.065%$1.3M$2.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.06−0.018%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.97−0.044%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.07−0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.06−0.016%$11K10xas long as short
Phoenix AAPL+0.0212%1h339.27+0.044%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.95−0.050%$191K$44K30xas long as short