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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.011%
Price spread now: Bitget against Lighter+0.042%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days+0.025%+$3 · spread now +0.042%, 7d avg +0.065%
Together, before fees−0.044%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.023% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AAPL338.890.0072pay 0.0009% / 1h19m 00s$772K$2.4M20x
ShortBitget AAPLUSDT339.030.0070get 0.0070% / 8h19m 00s$6.2M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
−$0.42
Price spread: +0.042% → +0.065%
−$2.34
Slippage, 4 orders
−$6.26
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.02
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; Bitget: live order book, 4 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 Lighter live order book, 3 min ago0.25 bp0.3 bp $01.4 bp −$1439.9 bp −$3,985doesn't fit
Sell Bitget live order book, 4 min ago0.15 bp10.0 bp −$1014.7 bp −$14742.8 bp −$4,278doesn'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 AAPLUSDC−0.0889%4h339.01+0.035%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h338.99+0.030%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.04+0.045%$6.1M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.01+0.036%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.80−0.026%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.04+0.045%$603$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.16+0.080%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.08+0.057%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0022%8h339.08+0.057%$14K$498K10xas long as short
Lighter RH AAPL+0.0032%1h338.93+0.012%$965K$3.8M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AAPL-USD-PERP+0.0046%1h338.65−0.070%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.86−0.008%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.90+0.004%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.78−0.032%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h339.00+0.033%$3.2M$5.1M10xas long as short
Bitget AAPLUSDTshort+0.0070%8h339.03+0.042%$6.2M$3.5M100x
Lighter AAPLlong+0.0072%1h338.89long leg$772K$2.4M20x
BloFin AAPL-USDT+0.0085%8h339.05+0.048%$348K$170K20xas long as short
Variational Omni AAPL+0.0087%8h339.06+0.049%$2.4M$1.4Mas long as short
Hotstuff AAPL-PERP+0.0096%1h338.87−0.005%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.77−0.035%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.74−0.044%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.97+0.024%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.99+0.031%$11K10xas long as short
Binance AAPLUSDT+0.0111%8h339.02+0.039%$22.4M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0112%1h338.95+0.019%$285K$1.5M10xas long as short
Nado AAPL-PERP+0.0119%1h338.72−0.049%$556K$33K20xas long as short
tradeXYZ xyz:AAPL+0.0186%1h338.90+0.004%$40.8M$76.3M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.042%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.50+0.181%$191K$44K30xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0311%1h338.88−0.002%$28K$66K10xas long as short
Phoenix AAPL+0.0330%1h339.10+0.063%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.88−0.002%$269K$70K20xas long as short