AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: tradeXYZ against Lighter+0.001%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.001%, 7d avg −0.037%

Together, before fees−0.110%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.038% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAPL	338.81	0.0032	pay 0.0004% / 1h	33m 53s	$780K	$2.4M	20x
Short	tradeXYZ xyz:AAPL	338.81	0.0051	get 0.0006% / 1h	33m 53s	$40.5M	$75.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now +0.001%Rate

Funding earned: $4.05
Price spread: +0.001% → −0.037%: $3.8
Slippage, 4 orders: −$1.93
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$12.08
Costs to cover: 0.199%
Break-even: 27.9 days

Slippage from Lighter: live order book, 8 min ago; tradeXYZ: live order book, 6 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, 8 min ago	0.37 bp	0.6 bp −$1	1.5 bp −$15	28.9 bp −$2,893	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.15 bp	9.8 bp −$10	11.9 bp −$119	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	−0.0758%	4h	338.88	+0.020%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0024%	1h	338.75	−0.016%	$554K	$38K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0016%	1h	338.61	−0.058%	$28K	$67K	10x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.80	−0.002%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.89	+0.023%	$286K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.97	+0.048%	$22.1M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.89	+0.024%	$5.9M	$39.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.94	+0.039%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.69	−0.035%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.97	+0.048%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	338.94	+0.037%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.89	+0.024%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.94	+0.039%	$641	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.03	+0.066%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.93	+0.036%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0010%	8h	338.93	+0.036%	$341K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.83	+0.006%	$3.2M	$4.8M	10x	as long as short
Lighter AAPLlong	+0.0032%	1h	338.81	long leg	$780K	$2.4M	20x
Lighter RH AAPL	+0.0032%	1h	338.84	+0.009%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.81	+0.001%	$266K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.68	−0.038%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.76	−0.014%	$278K	$420K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.78	−0.008%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.72	−0.026%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPLshort	+0.0051%	1h	338.81	+0.001%	$40.5M	$75.9M	20x
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.008%	$659K	$664K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.82	+0.004%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.70	−0.032%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.78	−0.008%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.79	−0.005%	$11K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0128%	1h	338.78	−0.008%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.69	−0.035%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.89	+0.024%	$5K	$11K	20x	as long as short