Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d average—if it closes, per $10,000$1funding while held, a day+$0.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff AAPL-PERP | 338.54 | 0.0008 | pay 0.0001% / 1h | 44m 24s | $36K | — | 20x |
| Short | Lighter AAPL | 338.59 | 0.0032 | get 0.0004% / 1h | 44m 24s | $566K | $2.0M | 20x |
Hotstuff AAPL-PERP
Lighter AAPLPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.39
- Funding while held
- $0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.89
- Spread needed to break even
- 0.050%
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.72
- Average in range /8h
- —
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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.58 bp | 0.6 bp −$1 | 3.6 bp −$36 | 34.6 bp −$3,458 | doesn't fit |
Hotstuff: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective338.31cheapestHTX338.36+0.015%KuCoin338.39+0.024%Gate338.43+0.035%Polymarket Perps338.43+0.035%Vest338.49+0.053%ApeX Omni338.51+0.059%SoDEX338.51+0.059%SunX338.53+0.065%Deribit338.53+0.065%Ondo Perps338.54+0.068%Arcus338.54+0.068%
Injective
HTX
KuCoin
Gate
Polymarket Perps
Vest
ApeX Omni
SoDEX
SunX
Deribit
Ondo Perps
ArcusHotstuff338.54+0.068%
Bitget338.56+0.074%BloFin338.56+0.074%Aevo338.56+0.074%tradeXYZ338.57+0.077%Bybit338.58+0.080%OKX338.58+0.080%Nado338.58+0.080%
Bitget
BloFin
Aevo
tradeXYZ
Bybit
OKX
NadoLighter338.59+0.082%
QFEX338.59+0.083%Aster338.59+0.083%Orderly338.60+0.086%Phemex338.61+0.089%Extended338.62+0.090%Lighter RH338.62+0.092%Binance338.62+0.092%Coinbase International338.64+0.098%edgeX338.65+0.100%Variational Omni338.68+0.108%Phoenix338.81+0.148%
QFEX
Aster
Orderly
Phemex
Extended
Lighter RH
Binance
Coinbase International
Variational Omni
PhoenixAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAPL/USDC PERP | −0.068% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| HTX AAPL-USDT | −0.053% | 0.0000% | 8h | $53K | $211K | 30x | as long as short |
| KuCoin AAPLUSDTM | −0.044% | −0.0059% | 8h | $1.4M | $18K | 20x | as long as short |
| Gate AAPL_USDT | −0.032% | 0.0000% | 8h | $3.0M | $3.1M | 100x | as long as short |
| Polymarket Perps AAPL-USD | −0.032% | +0.0050% | 1h | $267K | $332K | 10x | as long as short |
| Vest AAPL-USD-PERP | −0.015% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| ApeX Omni AAPLUSDT | −0.009% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| SoDEX AAPL-USD | −0.009% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| SunX AAPL-USDT | −0.003% | 0.0000% | 8h | $599 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.003% | 0.0000% | 1h | $28K | $57K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps AAPL-USD.P | 0.000% | +0.0050% | 1h | $1.3M | $1.4M | 20x | as long as short |
| Arcus AAPL-USD | 0.000% | +0.0040% | 1h | $279K | $69K | 20x | as long as short |
| Hotstuff AAPL-PERPlong | 0.000% | +0.0008% | 1h | $36K | — | 20x | |
| Bitget AAPLUSDT | +0.006% | 0.0000% | 8h | $6.3M | $2.6M | 100x | as long as short |
| BloFin AAPL-USDT | +0.006% | −0.0022% | 8h | $363K | $128K | 20x | as long as short |
| Aevo AAPL-PERP | +0.006% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.009% | +0.0050% | 1h | $59.2M | $48.0M | 20x | as long as short |
| Bybit AAPLUSDT | +0.012% | 0.0000% | 8h | $5.6M | $19.8M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | +0.012% | 0.0000% | 8h | $6.7M | $6.2M | 25x | as long as short |
| Nado AAPL-PERP | +0.012% | +0.0036% | 1h | $558K | $31K | 20x | as long as short |
| Lighter AAPLshort | +0.014% | +0.0032% | 1h | $566K | $2.0M | 20x | |
| QFEX AAPL-USD | +0.015% | +0.0022% | 1h | $3.2M | $3.2M | 10x | as long as short |
| Aster AAPLUSDT | +0.015% | 0.0000% | 8h | $117K | $271K | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.018% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| Phemex AAPLUSDT | +0.021% | 0.0000% | 4h | $2.1M | $7K | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.022% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| Lighter RH AAPL | +0.024% | +0.0032% | 1h | $830K | $3.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.024% | 0.0000% | 8h | $21.9M | $51.6M | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.030% | +0.0032% | 1h | $677K | $491K | 10x | as long as short |
| edgeX AAPLUSDC | +0.032% | −0.0146% | 4h | $80K | $325K | 20x | as long as short |
| Variational Omni AAPL | +0.040% | 0.0000% | 8h | $1.9M | $925K | — | as long as short |
| Phoenix AAPL | +0.080% | +0.0118% | 1h | $5K | $9K | 20x | as long as short |