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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against Gate−0.065%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$610.606% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.065%, 7d avg −0.010%
Together, before fees+0.108%+ Points / potential airdropLighter: Season 3 · farm board+$11 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 0.054% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate APT_USDT0.77510.0100pay 0.0100% / 8h6h 10m$2.7M$4.9M75x
ShortLighter APT0.77460.0096get 0.0012% / 1h10m 35s$415K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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: −0.065% → −0.010%
−$5.41
Slippage, 4 orders
−$45.58
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$66.83
Costs to cover
0.606%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 49 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 Gate live order book, 3 min ago4.51 bp22.1 bp −$2251.2 bp −$512doesn't fitdoesn't fit
Sell Lighter live order book, 49 min ago2.56 bp14.4 bp −$1471.8 bp −$718doesn't fitdoesn't fit

APT on 29 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%1h0.7760+0.116%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7765+0.181%$12K$418K50xas long as short
Orderly PERP_APT_USDC+0.0002%8h0.7762+0.142%$10K$7K10xas long as short
Variational Omni APT+0.0008%8h0.7758+0.092%$506K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.374%$2K$240K12xas long as short
Lighter APTshort+0.0096%1h0.7746−0.065%$415K$407K10x
Hyperliquid APT+0.0100%1h0.7748−0.039%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7758+0.085%$97K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7746−0.062%$28.5M$106.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7747−0.052%$28.1M$38.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7742−0.116%$5.8M$24.7M50xas long as short
Gate APT_USDTlong+0.0100%8h0.7751long leg$2.7M$4.9M75x
MEXC APT_USDT+0.0100%8h0.7750−0.013%$29.4M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7757+0.077%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7742−0.116%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7748−0.039%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7768+0.219%$193K$391K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7750−0.013%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7747−0.052%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7764+0.168%$56$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758+0.090%$261K$125K50xas long as short
Extended APT-USD+0.0104%1h0.7740−0.141%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7765+0.177%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7768+0.222%$529K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7763+0.160%$17K100xas long as short
dYdX APT-USD+0.0241%1h0.7756+0.070%$54K$6K10xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.748%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0479%1h0.7741−0.129%$3K20xas long as short
01 Exchange APTUSD+0.2256%1h0.7833+1.058%$2K5xas long as short