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−0.0008%/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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APT-USD0.77070.0104pay 0.0013% / 1h57m 02s$82K$479K25x
ShortLighter APT0.77010.0096get 0.0012% / 1h57m 02s$425K$340K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 30 min ago3.23 bp12.6 bp −$13123.6 bp −$1,236doesn't fitdoesn't fit
Sell Lighter live order book, 26 min ago4.53 bp6.7 bp −$767.6 bp −$676doesn'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
Kraken Futures PF_APTUSD−0.0367%1h0.7706−0.010%$533K$607K50xas long as short
Backpack APT_USDC_PERP−0.0133%1h0.7706−0.015%$195K$369K20xas long as short
Variational Omni APT−0.0117%8h0.7734+0.343%$605K$223Kas long as short
01 Exchange APTUSD−0.0088%1h0.7685−0.288%$2K5xas long as short
Orderly PERP_APT_USDC−0.0020%8h0.7698−0.119%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.742%$2K$169K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7698−0.115%$21K150xas long as short
dYdX APT-USD0.0000%1h0.7691−0.210%$54K$5K10xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7701−0.080%$15K$330K50xas long as short
Bybit APTUSDT+0.0051%8h0.7705−0.028%$28.7M$35.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter APTshort+0.0096%1h0.7701−0.080%$425K$340K10x
Hyperliquid APT+0.0100%1h0.7711+0.050%$5.8M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7699−0.110%$300K$456K20xas long as short
Binance APTUSDT+0.0100%8h0.7702−0.066%$28.4M$96.4M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7706−0.015%$6.1M$22.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7698−0.119%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7700−0.093%$27.6M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7700−0.093%$5.5M$11.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7709+0.024%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7698−0.119%$6.5Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7710+0.037%$64K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7687−0.262%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7700−0.093%$62$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7726+0.244%$261K$138K50xas long as short
Extended APT-USDlong+0.0104%1h0.7707long leg$82K$479K25x
Aevo APT-PERP+0.0104%1h0.7700−0.093%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7702−0.067%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7695−0.158%$1.5M$762K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7746+0.504%$209K$538K50xas long as short
Reya APTRUSDPERP+0.0462%1h0.7694−0.171%$3K20xas long as short