Funding you earn now, next payment 06:00 UTC−0.0733%/8h= −80.2% APRpaid last 24h −0.217%
Price spread now: edgeX against Lighter−0.025%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.570%−$57 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.025%, 7d avg +0.031%
=Together, before fees−0.471%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and edgeX is 0.056% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 339.69 | 0.0032 | pay 0.0004% / 1h | 26m 51s | $840K | $2.5M | 20x |
| Short | edgeX AAPLUSDC | 339.60 | −0.0701 | pay 0.0350% / 4h | 2h 26m | $81K | $329K | 20x |
Lighter AAPL
edgeX AAPLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$153.85
- Price spread: −0.025% → +0.031%
- −$5.58
- Slippage, 4 orders
- −$13.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$181.65
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; edgeX: live order book, 21 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, 5 min ago | 0.29 bp | 0.3 bp $0 | 1.4 bp −$14 | 25.1 bp −$2,511 | doesn't fit |
| Sell edgeX live order book, 21 min ago | 5.16 bp | 10.7 bp −$11 | 18.3 bp −$183 | doesn't fit | 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 AAPLUSDCshort | −0.0701% | 4h | 339.60 | −0.025% | $81K | $329K | 20x | |
| Deribit AAPL_USDC-PERPETUAL | −0.0280% | 1h | 339.63 | −0.017% | $28K | $68K | 10x | as long as short |
| Nado AAPL-PERP | −0.0106% | 1h | 339.86 | +0.050% | $556K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.77 | +0.024% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.76 | +0.021% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.88 | +0.056% | $22.0M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.87 | +0.053% | $5.8M | $89.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.83 | +0.042% | $6.2M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | −0.011% | $3.0M | $4.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.90 | +0.062% | $6.2M | $3.5M | 100x | as long as short |
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.61 | −0.025% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.63 | −0.017% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.88 | +0.056% | $449 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.094% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.76 | +0.021% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0009% | 8h | 339.83 | +0.042% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.74 | +0.015% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPLlong | +0.0032% | 1h | 339.69 | long leg | $840K | $2.5M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 339.76 | +0.021% | $939K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.48 | −0.062% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.67 | −0.006% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.56 | −0.038% | $663K | $661K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.74 | +0.015% | $40.6M | $76.4M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | −0.009% | $278K | $409K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.70 | +0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.55 | −0.041% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.75 | +0.018% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.43 | −0.076% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.044% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.74 | +0.015% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.76 | +0.020% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.65 | −0.011% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.40 | −0.085% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP