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% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.026%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.979%+$98 · spread now −0.026%, 7d avg +0.093%
Together, before fees+1.065%+ Points / potential airdropLighter: Season 3 · farm board+$106 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: ApeX Omni is 0.119% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.77720.0096pay 0.0012% / 1h29m 18s$416K$407K10x
ShortApeX Omni APTUSDT0.77700.0100get 0.0013% / 1h29m 18s$63K$574K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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% → +0.093%
−$11.87
Slippage, 4 orders
−$54.78
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$75.81
Costs to cover
0.648%
Break-even
638.7 days
Slippage from Lighter: live order book, 31 min ago; ApeX Omni: 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 Lighter live order book, 31 min ago2.56 bp3.7 bp −$444.5 bp −$445doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago12.63 bp21.8 bp −$22181.6 bp −$1,816doesn'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%1h0.7782+0.129%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7777+0.064%$12K$418K50xas long as short
Orderly PERP_APT_USDC0.0000%8h0.7779+0.090%$10K$7K10xas long as short
Variational Omni APT+0.0003%8h0.7760−0.151%$507K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.103%$2K$240K12xas long as short
dYdX APT-USD+0.0047%1h0.7799+0.343%$55K$6K10xas long as short
Lighter APTlong+0.0096%1h0.7772long leg$416K$407K10x
Hyperliquid APT+0.0100%1h0.7791+0.244%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7792+0.257%$118K$938K20xas long as short
Binance APTUSDT+0.0100%8h0.7778+0.077%$28.7M$106.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7777+0.064%$28.2M$38.1M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7779+0.090%$5.8M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7791+0.244%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7781+0.116%$29.6M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7789+0.219%$5.4M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7775+0.039%$8.7M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7785+0.167%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7806+0.437%$193K$392K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7770−0.026%$63K$574K50x
SunX APT-USDT+0.0100%8h0.7771−0.013%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.77720.000%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7805+0.425%$262K$126K50xas long as short
Extended APT-USD+0.0104%1h0.7771−0.017%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7777+0.069%$29K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7771−0.019%$530K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7784+0.150%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.476%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0478%1h0.7779+0.095%$3K20xas long as short
01 Exchange APTUSD+0.2536%1h0.7809+0.476%$2K5xas long as short