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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Lighter RH−0.003%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$240.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.066%−$7 · spread now −0.003%, 7d avg −0.059%
Together, before fees−0.142%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.056% dearer against Lighter RH than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AAPL339.500.0032pay 0.0004% / 1h42m 18s$1.0M$3.2M20x
ShorttradeXYZ xyz:AAPL339.490.0092get 0.0012% / 1h42m 18s$40.5M$76.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$12.61
Price spread: −0.003% → −0.059%
$5.63
Slippage, 4 orders
−$5.78
Fee Lighter RH: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$5.53
Costs to cover
0.238%
Break-even
10.1 days
Slippage from Lighter RH: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago1.77 bp2.0 bp −$25.4 bp −$5446.7 bp −$4,666doesn't fit
Sell tradeXYZ live order book, 10 min ago0.15 bp10.4 bp −$1012.7 bp −$127doesn't fitdoesn't fit

AAPL on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP−0.1600%1h337.75−0.515%$36K20xas long as short
edgeX AAPLUSDC−0.0768%4h339.48−0.004%$81K$328K20xas long as short
BloFin AAPL-USDT0.0000%8h339.66+0.047%$349K$165K20xas long as short
Aster AAPLUSDT0.0000%8h339.52+0.005%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.49−0.004%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.61+0.032%$22.2M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.52+0.006%$6.7M$282.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.57+0.021%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.48−0.006%$3.0M$7.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.64+0.041%$6.2M$3.5M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.56+0.019%$2.5M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.58+0.024%$13K$336K10xas long as short
SunX AAPL-USDT0.0000%8h339.63+0.038%$564$4.2M20xas long as short
HTX AAPL-USDT0.0000%8h339.69+0.056%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.67+0.050%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0026%1h339.52+0.006%$3.2M$4.2M10xas long as short
Lighter RH AAPLlong+0.0032%1h339.50long leg$1.0M$3.2M20x
Arcus AAPL-USD+0.0040%1h339.40−0.029%$267K$52K20xas long as short
Nado AAPL-PERP+0.0045%1h339.40−0.029%$555K$29K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.32−0.053%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.49−0.003%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.53+0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.34−0.047%$1.3M$2.1M20xas long as short
Lighter AAPL+0.0064%1h339.51+0.004%$929K$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h339.77+0.080%$660K$654K10xas long as short
tradeXYZ xyz:AAPLshort+0.0092%1h339.49−0.003%$40.5M$76.6M20x
KuCoin AAPLUSDTM+0.0100%8h339.45−0.015%$1.4M$165K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.41−0.027%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.43−0.021%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.42−0.023%$11K$10210xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0163%1h339.49−0.003%$28K$70K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.92+0.124%$191K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.61+0.032%$5K$12K20xas long as short