Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%
Price spread now: Injective against Lighter RH−0.015%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.015%, 7d avg +0.097%
=Together, before fees+0.315%+ Points / potential airdropLighter RH: Points live · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.112% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.097%). If the spread goes back, that is −$11 on $10k: about 48 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AAPL | 339.53 | 0.0032 | pay 0.0004% / 1h | 56m 31s | $948K | $3.5M | 20x |
| Short | Injective AAPL/USDC PERP | 339.48 | 0.0220 | get 0.0028% / 1h | 56m 31s | $191K | $44K | 30x |
Lighter RH AAPL
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Lighter RH. 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
- $39.48
- Price spread: −0.015% → +0.097%
- −$11.19
- Slippage, 4 orders
- −$23.4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $4.87
- Costs to cover
- 0.234%
- Break-even
- 6.1 days
Slippage from Lighter RH: live order book, 2 min ago; Injective: live order book, 47 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 RH live order book, 2 min ago | 1.03 bp | 1.5 bp −$2 | 4.3 bp −$43 | 44.6 bp −$4,463 | doesn't fit |
| Sell Injective live order book, 47 min ago | 7.95 bp | 11.7 bp −$12 | 11.8 bp −$118 | 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 | −0.0684% | 4h | 339.66 | +0.039% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0120% | 1h | 339.53 | −0.001% | $555K | $37K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.61 | +0.023% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.47 | −0.017% | $286K | $1.9M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.57 | +0.012% | $22.1M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.62 | +0.027% | $6.1M | $130.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.60 | +0.021% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.40 | −0.038% | $3.0M | $5.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.57 | +0.012% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.75 | +0.066% | $2.4M | $1.2M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.70 | +0.051% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.58 | +0.015% | $445 | $4.5M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.44 | −0.027% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.72 | +0.056% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.74 | +0.062% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0024% | 8h | 339.63 | +0.029% | $342K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.56 | +0.009% | $3.3M | $4.3M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.53 | −0.001% | $941K | $2.6M | 20x | as long as short |
| Lighter RH AAPLlong | +0.0032% | 1h | 339.53 | long leg | $948K | $3.5M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 339.55 | +0.006% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.47 | −0.018% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.53 | 0.000% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.52 | −0.003% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.53 | 0.000% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.34 | −0.056% | $1.3M | $2.4M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | +0.006% | $660K | $661K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0096% | 1h | 339.57 | +0.012% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.44 | −0.027% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.51 | −0.006% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.55 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.51 | −0.006% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.73 | +0.059% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 339.48 | −0.015% | $191K | $44K | 30x |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL