Funding you earn now, next payment 10:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.015%
Price spread now: Lighter RH against Nado+0.020%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.020%, 7d avg −0.001%
=Together, before fees+0.054%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$5 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 Lighter RH is 0.021% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AAPL-PERP | 339.64 | −0.0008 | get 0.0001% / 1h | 16m 14s | $556K | $30K | 20x |
| Short | Lighter RH AAPL | 339.71 | 0.0032 | get 0.0004% / 1h | 16m 14s | $1.0M | $3.2M | 20x |
Nado AAPL-PERP
Lighter RH AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- $8.43
- Price spread: +0.020% → −0.001%
- $2.09
- Slippage, 4 orders
- −$18.55
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$15.04
- Costs to cover
- 0.256%
- Break-even
- 19.5 days
Slippage from Nado: live order book, 35 min ago; Lighter RH: live order book, 5 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 Nado live order book, 35 min ago | 0.29 bp | 9.2 bp −$9 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.18 bp | 2.1 bp −$2 | 4.4 bp −$44 | 45.6 bp −$4,561 | doesn't fit |
AAPL on 33 exchanges
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 | −0.0188% | 4h | 339.62 | −0.006% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERPlong | −0.0008% | 1h | 339.64 | long leg | $556K | $30K | 20x | |
| BloFin AAPL-USDT | −0.0005% | 8h | 339.79 | +0.043% | $348K | $166K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.65 | +0.003% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.72 | +0.024% | $288K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.83 | +0.054% | $22.1M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.83 | +0.055% | $6.5M | $251.5M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.77 | +0.038% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.61 | −0.010% | $3.0M | $7.0M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.77 | +0.038% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.70 | +0.018% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.74 | +0.029% | $13K | $348K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.83 | +0.055% | $673 | $4.2M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.97 | +0.096% | $62K | $242K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.80 | +0.046% | $2.1M | $7K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0008% | 1h | 339.65 | +0.002% | $36K | — | 20x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 339.78 | +0.041% | $3.2M | $4.3M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.74 | +0.027% | $931K | $2.6M | 20x | as long as short |
| Lighter RH AAPLshort | +0.0032% | 1h | 339.71 | +0.020% | $1.0M | $3.2M | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.55 | −0.027% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.69 | +0.014% | $279K | $349K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.70 | +0.017% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.47 | −0.051% | $1.3M | $2.2M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0051% | 1h | 339.65 | +0.002% | $40.4M | $76.4M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0056% | 1h | 339.60 | −0.012% | $663K | $652K | 10x | as long as short |
| Arcus AAPL-USD | +0.0082% | 1h | 339.64 | −0.001% | $267K | $52K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.49 | −0.045% | $1.4M | $136K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.62 | −0.007% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.67 | +0.008% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.61 | −0.011% | $11K | $102 | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0162% | 1h | 339.73 | +0.026% | $28K | $70K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.03 | +0.114% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0235% | 1h | 339.79 | +0.043% | $5K | $12K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Hotstuff AAPL-PERP
QFEX AAPL-USD
Lighter AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Arcus AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Injective AAPL/USDC PERP
Phoenix AAPL