Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.011%
Price spread now: Extended against Lighter+0.014%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$90.088% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.014%, 7d avg +0.072%
=Together, before fees−0.119%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$12 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: Extended is 0.058% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 338.98 | 0.0088 | pay 0.0011% / 1h | 41m 56s | $773K | $2.4M | 20x |
| Short | Extended AAPL_24_5-USD | 339.03 | 0.0080 | get 0.0010% / 1h | 41m 56s | $285K | $1.5M | 10x |
Lighter AAPL
Extended AAPL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$1.68
- Price spread: +0.014% → +0.072%
- −$5.77
- Slippage, 4 orders
- −$3.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.24
- Costs to cover
- 0.088%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Extended: live order book, 2 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 | 0.52 bp | 0.5 bp −$1 | 1.8 bp −$18 | 58.1 bp −$5,814 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.15 bp | 3.8 bp −$4 | 21.0 bp −$210 | 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 AAPLUSDC | −0.0509% | 4h | 339.09 | +0.033% | $81K | $327K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.00 | +0.006% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.12 | +0.041% | $6.0M | $39.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.07 | +0.026% | $6.5M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.87 | −0.033% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.15 | +0.050% | $380 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.82 | −0.048% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.24 | +0.076% | $52K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.16 | +0.053% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0007% | 8h | 339.12 | +0.040% | $14K | $498K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 339.03 | +0.014% | $964K | $3.8M | 20x | as long as short |
| Bitget AAPLUSDT | +0.0036% | 8h | 339.11 | +0.038% | $6.2M | $3.4M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.76 | −0.065% | — | $53K | 25x | as long as short |
| Variational Omni AAPL | +0.0048% | 8h | 339.13 | +0.045% | $2.4M | $1.4M | — | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.96 | −0.006% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.96 | −0.006% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.86 | −0.036% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.09 | +0.032% | $3.2M | $5.1M | 10x | as long as short |
| Binance AAPLUSDT | +0.0079% | 8h | 339.09 | +0.032% | $22.4M | $67.4M | 25x | as long as short |
| Extended AAPL_24_5-USDshort | +0.0080% | 1h | 339.03 | +0.014% | $285K | $1.5M | 10x | |
| BloFin AAPL-USDT | +0.0081% | 8h | 339.14 | +0.047% | $348K | $167K | 20x | as long as short |
| Lighter AAPLlong | +0.0088% | 1h | 338.98 | long leg | $773K | $2.4M | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.042% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.76 | −0.065% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.99 | +0.002% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.09 | +0.031% | $11K | — | 10x | as long as short |
| Nado AAPL-PERP | +0.0128% | 1h | 338.83 | −0.044% | $556K | $35K | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 339.03 | +0.014% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.014% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0215% | 1h | 338.96 | −0.006% | $40.9M | $76.5M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.57 | +0.173% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.09 | +0.032% | $2K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 339.03 | +0.014% | $270K | $71K | 20x | as long as short |
Lighter RH AAPL
Bitget AAPLUSDT
Vest AAPL-USD-PERP
Variational Omni AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Binance AAPLUSDT
BloFin AAPL-USDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Nado AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD