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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against Bitget−0.038%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.038%, 7d avg −0.002%
Together, before fees+0.077%+ Points / potential airdropLighter: Season 3 · farm board+$8 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 0.036% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APTUSDT0.78940.0100pay 0.0100% / 8h1h 00m$8.9M$12.3M75x
ShortLighter APT0.78910.0096get 0.0012% / 1h0m 55s$432K$351K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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: −0.038% → −0.002%
−$3.57
Slippage, 4 orders
−$35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.41
Costs to cover
0.470%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 9 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 Bitget live order book, 3 min ago1.90 bp13.6 bp −$1422.2 bp −$22271.4 bp −$7,138doesn't fit
Sell Lighter live order book, 9 min ago2.54 bp12.0 bp −$1271.9 bp −$719doesn'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−0.0440%1h0.7876−0.228%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7892−0.030%$544K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880−0.172%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.444%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7890−0.051%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7892−0.030%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7892−0.025%$7K$387K50xas long as short
Lighter APTshort+0.0096%1h0.7891−0.038%$432K$351K10x
Hyperliquid APT+0.0100%1h0.7905+0.139%$6.1M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7899+0.063%$308K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7899+0.063%$29.2M$97.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7897+0.038%$29.6M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7897+0.038%$6.2M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7895+0.013%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7898+0.051%$28.6M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7893−0.013%$5.6M$12.2M50xas long as short
Bitget APTUSDTlong+0.0100%8h0.7894long leg$8.9M$12.3M75x
BingX APT-USDC+0.0100%8h0.78940.000%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7902+0.101%$199K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7890−0.051%$66K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7878−0.203%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7893−0.013%$71$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7889−0.063%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7890−0.055%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7893−0.009%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7893−0.016%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7899+0.063%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897+0.038%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7889−0.069%$3K20xas long as short
dYdX APT-USD+0.0976%1h0.7893−0.017%$55K$5K10xas long as short