Funding you earn now, next payment 09:00 UTC−0.0022%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Lighter RH−0.009%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.009%, 7d avg −0.001%
=Together, before fees−0.028%+ Points / potential airdropLighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AAPL | 340.08 | 0.0032 | pay 0.0004% / 1h | 36m 24s | $968K | $3.2M | 20x |
| Short | QFEX AAPL-USD | 340.05 | 0.0010 | get 0.0001% / 1h | 36m 24s | $3.2M | $4.2M | 10x |
Lighter RH AAPL
QFEX AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.7
- Price spread: −0.009% → −0.001%
- −$0.82
- Slippage, 4 orders
- −$5.87
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.39
- Costs to cover
- 0.159%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; QFEX: live order book, 7 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 | 1.18 bp | 1.8 bp −$2 | 4.7 bp −$47 | 43.2 bp −$4,321 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.03 bp | 6.0 bp −$6 | 6.0 bp −$60 | 10.1 bp −$1,013 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AAPL-PERP | −0.0017% | 1h | 339.96 | −0.034% | $556K | $36K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0013% | 8h | 340.20 | +0.035% | $345K | $166K | 20x | as long as short |
| edgeX AAPLUSDC | −0.0011% | 4h | 340.24 | +0.046% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.04 | −0.011% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 340.02 | −0.018% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.11 | +0.009% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.07 | −0.003% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.93 | −0.044% | $3.0M | $5.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.12 | +0.012% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.07 | −0.001% | $2.5M | $1.2M | — | as long as short |
Nado AAPL-PERP
BloFin AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance 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 | 340.34 | +0.076% | $13K | $350K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.16 | +0.024% | $725 | $4.3M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 340.03 | −0.015% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.26 | +0.053% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.20 | +0.035% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USDshort | +0.0010% | 1h | 340.05 | −0.009% | $3.2M | $4.2M | 10x | |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 340.01 | −0.021% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 340.14 | +0.018% | $662K | $660K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 340.10 | +0.006% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPLlong | +0.0032% | 1h | 340.08 | long leg | $968K | $3.2M | 20x | |
| Arcus AAPL-USD | +0.0040% | 1h | 340.05 | −0.009% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.90 | −0.053% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | −0.059% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.97 | −0.032% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.89 | −0.056% | $1.3M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0060% | 1h | 339.96 | −0.035% | $40.4M | $76.6M | 20x | as long as short |
| Bybit AAPLUSDT | +0.0072% | 8h | 340.16 | +0.024% | $7.7M | $190.1M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 340.03 | −0.015% | $1.4M | $76K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.97 | −0.032% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 340.08 | 0.000% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 340.04 | −0.012% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.16 | +0.024% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.80 | +0.212% | $192K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Bybit AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP