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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.016%
Price spread now: Lighter against Bybit+0.026%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.026%, 7d avg +0.023%
Together, before fees−0.034%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.78040.0100pay 0.0100% / 8h5h 17m$28.2M$38.0M50x
ShortLighter APT0.78060.0096get 0.0012% / 1h17m 07s$417K$419K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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: +0.026% → +0.023%
$0.22
Slippage, 4 orders
−$27.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$39.5
Costs to cover
0.389%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 38 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 Bybit live order book, 2 min ago0.64 bp11.1 bp −$1123.3 bp −$23370.2 bp −$7,025doesn't fit
Sell Lighter live order book, 38 min ago3.25 bp5.3 bp −$570.1 bp −$701doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7806+0.026%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7808+0.051%$17K$428K50xas long as short
Orderly PERP_APT_USDC+0.0011%8h0.7806+0.026%$10K$7K10xas long as short
Variational Omni APT+0.0032%8h0.7787−0.217%$525K$410Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.308%$2K$240K12xas long as short
Lighter APTshort+0.0096%1h0.7806+0.026%$417K$419K10x
Hyperliquid APT+0.0100%1h0.7813+0.115%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7807+0.038%$98K$945K20xas long as short
Binance APTUSDT+0.0100%8h0.7810+0.075%$28.7M$104.7M75xas long as short
Bybit APTUSDTlong+0.0100%8h0.7804long leg$28.2M$38.0M50x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7809+0.064%$5.8M$24.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7811+0.090%$2.7M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7808+0.051%$29.5M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7806+0.026%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7807+0.038%$8.6M$12.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7809+0.064%$26.0Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7790−0.179%$64K$578K50xas long as short
SunX APT-USDT+0.0100%8h0.7791−0.167%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7805+0.013%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.78040.000%$264K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7804−0.004%$80K$484K25xas long as short
Aevo APT-PERP+0.0104%1h0.7807+0.038%$29K$5K3xas long as short
Backpack APT_USDC_PERP+0.0131%1h0.7815+0.141%$196K$372K20xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7811+0.085%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7812+0.103%$1.4M$962K75xas long as short
Kraken Futures PF_APTUSD+0.0254%1h0.7801−0.043%$535K$625K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7810+0.077%$205K$536K50xas long as short
Reya APTRUSDPERP+0.0482%1h0.7802−0.026%$3K20xas long as short
dYdX APT-USD+0.1142%1h0.7802−0.020%$55K$6K10xas long as short
01 Exchange APTUSD+0.3512%1h0.7863+0.756%$2K5xas long as short