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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against BingX+0.013%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now +0.013%, 7d avg −0.021%
Together, before fees+0.116%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.034% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APT-USDC0.77930.0100pay 0.0100% / 8h2h 13m$6.5M
ShortLighter APT0.77940.0096get 0.0012% / 1h13m 00s$427K$351K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
−$0.84
Price spread: +0.013% → −0.021%
$3.43
Slippage, 4 orders
−$34.49
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$41.9
Costs to cover
0.445%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 2 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 BingX live order book, 7 min ago1.28 bp14.2 bp −$1432.5 bp −$325238.2 bp −$23.8K637.7 bp −$318.8K
Sell Lighter live order book, 2 min ago3.20 bp9.2 bp −$965.8 bp −$658doesn't fitdoesn't fit

APT on 30 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
01 Exchange APTUSD−0.0480%1h0.7803+0.128%$2K5xas long as short
Deribit APT_USDC-PERPETUAL−0.0391%1h0.7795+0.026%$7K$382K50xas long as short
Kraken Futures PF_APTUSD−0.0363%1h0.7797+0.057%$535K$617K50xas long as short
Variational Omni APT−0.0089%8h0.7802+0.117%$612K$224Kas long as short
Orderly PERP_APT_USDC−0.0018%8h0.77930.000%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.167%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7799+0.080%$22K150xas long as short
Lighter APTshort+0.0096%1h0.7794+0.013%$427K$351K10x
Hyperliquid APT+0.0100%1h0.7803+0.128%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7796+0.037%$308K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7792−0.013%$28.7M$96.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7790−0.038%$28.9M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7792−0.013%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7790−0.038%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7790−0.038%$27.7M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7792−0.013%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7794+0.013%$9.0M$12.2M75xas long as short
BingX APT-USDClong+0.0100%8h0.7793long leg$6.5M
Backpack APT_USDC_PERP+0.0100%1h0.7800+0.090%$197K$362K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7810+0.218%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7781−0.154%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.77930.000%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7809+0.205%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7792−0.018%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7795+0.026%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7800+0.085%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7795+0.026%$1.5M$772K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7819+0.334%$211K$545K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7798+0.064%$3K20xas long as short
dYdX APT-USD+0.0763%1h0.7808+0.192%$55K$5K10xas long as short