AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Lighter against tradeXYZ−0.013%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.013%, 7d avg +0.037%

Together, before fees+0.115%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AAPL	338.97	0.0050	pay 0.0006% / 1h	37m 21s	$40.5M	$76.0M	20x
Short	Lighter AAPL	338.93	0.0032	get 0.0004% / 1h	37m 21s	$783K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee LighterbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$3.78
Price spread: −0.013% → +0.037%: −$5
Slippage, 4 orders: −$2.2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$28.98
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Lighter: live order book, 10 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 tradeXYZ live order book, 12 min ago	0.15 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	0.19 bp	0.2 bp $0	0.9 bp −$9	33.4 bp −$3,340	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	−0.0982%	4h	338.91	−0.017%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0105%	1h	338.99	+0.007%	$555K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.98	+0.003%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.96	−0.002%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.10	+0.038%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.03	+0.018%	$6.5M	$65.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.05	+0.024%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.77	−0.059%	$3.0M	$4.4M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.07	+0.030%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.93	−0.013%	$2.4M	$1.4M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	338.96	−0.003%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.03	+0.018%	$664	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.87	−0.030%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.12	+0.044%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	−0.006%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0001%	8h	338.88	−0.027%	$340K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	338.97	0.000%	$3.2M	$4.5M	10x	as long as short
Lighter AAPLshort	+0.0032%	1h	338.93	−0.013%	$783K	$2.4M	20x
Lighter RH AAPL	+0.0032%	1h	338.93	−0.012%	$945K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.84	−0.038%	$266K	$61K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.86	−0.032%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPLlong	+0.0050%	1h	338.97	long leg	$40.5M	$76.0M	20x
Polymarket Perps AAPL-USD	+0.0050%	1h	338.89	−0.024%	$278K	$405K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.88	−0.027%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.66	−0.091%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	338.91	−0.018%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.056%	$661K	$657K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.79	−0.053%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.85	−0.035%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.97	0.000%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.94	−0.008%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.69	−0.083%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	338.99	+0.006%	$5K	$11K	20x	as long as short