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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.89 | 0.0072 | pay 0.0009% / 1h | 19m 00s | $772K | $2.4M | 20x |
| Short | Bitget AAPLUSDT | 339.03 | 0.0070 | get 0.0070% / 8h | 19m 00s | $6.2M | $3.5M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 3 min ago | 0.25 bp | 0.3 bp $0 | 1.4 bp −$14 | 39.9 bp −$3,985 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.15 bp | 10.0 bp −$10 | 14.7 bp −$147 | 42.8 bp −$4,278 | 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 | −0.0889% | 4h | 339.01 | +0.035% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.030% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.04 | +0.045% | $6.1M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.01 | +0.036% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.80 | −0.026% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.04 | +0.045% | $603 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.16 | +0.080% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.08 | +0.057% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0022% | 8h | 339.08 | +0.057% | $14K | $498K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.93 | +0.012% | $965K | $3.8M | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.65 | −0.070% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.86 | −0.008% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.90 | +0.004% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.032% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.00 | +0.033% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDTshort | +0.0070% | 8h | 339.03 | +0.042% | $6.2M | $3.5M | 100x | |
| Lighter AAPLlong | +0.0072% | 1h | 338.89 | long leg | $772K | $2.4M | 20x | |
| BloFin AAPL-USDT | +0.0085% | 8h | 339.05 | +0.048% | $348K | $170K | 20x | as long as short |
| Variational Omni AAPL | +0.0087% | 8h | 339.06 | +0.049% | $2.4M | $1.4M | — | as long as short |
| Hotstuff AAPL-PERP | +0.0096% | 1h | 338.87 | −0.005% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.035% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.74 | −0.044% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.97 | +0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.99 | +0.031% | $11K | — | 10x | as long as short |
| Binance AAPLUSDT | +0.0111% | 8h | 339.02 | +0.039% | $22.4M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0112% | 1h | 338.95 | +0.019% | $285K | $1.5M | 10x | as long as short |
| Nado AAPL-PERP | +0.0119% | 1h | 338.72 | −0.049% | $556K | $33K | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0186% | 1h | 338.90 | +0.004% | $40.8M | $76.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.042% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.50 | +0.181% | $191K | $44K | 30x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0311% | 1h | 338.88 | −0.002% | $28K | $66K | 10x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.10 | +0.063% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 338.88 | −0.002% | $269K | $70K | 20x | as long as short |
Lighter AAPL
Bitget AAPLUSDT
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
BloFin AAPL-USDT
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL