Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Lighter RH−0.009%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$50.048% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.023%−$2 · spread now −0.009%, 7d avg −0.025%
Together, before fees−0.021%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL339.020.0032pay 0.0004% / 1h36m 06s$964K$3.8M20x
ShortLighter AAPL338.990.0088get 0.0011% / 1h36m 06s$773K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.76
Price spread: −0.009% → −0.025%
$1.52
Slippage, 4 orders
−$4.78
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$8.49
Costs to cover
0.048%
Break-even
1.9 days
Slippage from Lighter RH: live order book, 2 min ago; Lighter: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 2 min ago0.59 bp2.3 bp −$26.7 bp −$6746.4 bp −$4,641doesn't fit
Sell Lighter live order book, 6 min ago0.71 bp0.7 bp −$11.7 bp −$1749.0 bp −$4,900doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0314%4h339.11+0.025%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.020.000%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.14+0.035%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.07+0.015%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.87−0.044%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.11+0.027%$634$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.25+0.068%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.12+0.029%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0012%8h339.12+0.030%$14K$498K10xas long as short
Lighter RH AAPLlong+0.0032%1h339.02long leg$964K$3.8M20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT+0.0045%8h339.11+0.027%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.71−0.091%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.92−0.029%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.97−0.015%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.83−0.056%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h339.020.000%$3.2M$5.1M10xas long as short
BloFin AAPL-USDT+0.0066%8h339.14+0.035%$350K$167K20xas long as short
Variational Omni AAPL+0.0068%8h339.12+0.028%$2.4M$1.4Mas long as short
Extended AAPL_24_5-USD+0.0088%1h339.05+0.010%$285K$1.5M10xas long as short
Lighter AAPLshort+0.0088%1h338.99−0.009%$773K$2.4M20x
Binance AAPLUSDT+0.0090%8h339.11+0.027%$22.4M$67.1M25xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.82−0.059%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.76−0.077%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99−0.009%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h338.94−0.024%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h339.07+0.014%$11K10xas long as short
Nado AAPL-PERP+0.0121%1h338.83−0.056%$556K$33K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03+0.003%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0198%1h338.98−0.012%$40.9M$76.2M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.55+0.156%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.11+0.027%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.96−0.018%$270K$70K20xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0517%1h339.06+0.012%$28K$66K10xas long as short