Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter against Extended−0.080%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.080%, 7d avg +0.048%
=Together, before fees+0.202%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$20 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 0.128% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APT-USD | 0.7707 | 0.0104 | pay 0.0013% / 1h | 57m 02s | $82K | $479K | 25x |
| Short | Lighter APT | 0.7701 | 0.0096 | get 0.0012% / 1h | 57m 02s | $425K | $340K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: −0.080% → +0.048%
- −$12.77
- Slippage, 4 orders
- −$35.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$54.63
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Extended: live order book, 30 min ago; Lighter: live order book, 26 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 Extended live order book, 30 min ago | 3.23 bp | 12.6 bp −$13 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 4.53 bp | 6.7 bp −$7 | 67.6 bp −$676 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0367% | 1h | 0.7706 | −0.010% | $533K | $607K | 50x | as long as short |
| Backpack APT_USDC_PERP | −0.0133% | 1h | 0.7706 | −0.015% | $195K | $369K | 20x | as long as short |
| Variational Omni APT | −0.0117% | 8h | 0.7734 | +0.343% | $605K | $223K | — | as long as short |
| 01 Exchange APTUSD | −0.0088% | 1h | 0.7685 | −0.288% | $2K | — | 5x | as long as short |
| Orderly PERP_APT_USDC | −0.0020% | 8h | 0.7698 | −0.119% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7650 | −0.742% | $2K | $169K | 12x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7698 | −0.115% | $21K | — | 150x | as long as short |
| dYdX APT-USD | 0.0000% | 1h | 0.7691 | −0.210% | $54K | $5K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7701 | −0.080% | $15K | $330K | 50x | as long as short |
| Bybit APTUSDT | +0.0051% | 8h | 0.7705 | −0.028% | $28.7M | $35.7M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter APTshort | +0.0096% | 1h | 0.7701 | −0.080% | $425K | $340K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7711 | +0.050% | $5.8M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7699 | −0.110% | $300K | $456K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7702 | −0.066% | $28.4M | $96.4M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7706 | −0.015% | $6.1M | $22.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7698 | −0.119% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7700 | −0.093% | $27.6M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7700 | −0.093% | $5.5M | $11.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7709 | +0.024% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7698 | −0.119% | — | $6.5M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7710 | +0.037% | $64K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7687 | −0.262% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7700 | −0.093% | $62 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7726 | +0.244% | $261K | $138K | 50x | as long as short |
| Extended APT-USDlong | +0.0104% | 1h | 0.7707 | long leg | $82K | $479K | 25x | |
| Aevo APT-PERP | +0.0104% | 1h | 0.7700 | −0.093% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7702 | −0.067% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7695 | −0.158% | $1.5M | $762K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7746 | +0.504% | $209K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0462% | 1h | 0.7694 | −0.171% | $3K | — | 20x | as long as short |
Extended APT-USD
Lighter APT
Kraken Futures PF_APTUSD
Backpack APT_USDC_PERP
Variational Omni APT
01 Exchange APTUSD
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Bybit APTUSDT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX