Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: BingX against Lighter−0.027%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.027%, 7d avg +0.007%
=Together, before fees−0.007%+ Points / potential airdropLighter: Season 3 · farm board−$1 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: BingX is 0.034% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7536 | 0.0096 | pay 0.0012% / 1h | 40m 25s | $402K | $425K | 10x |
| Short | BingX APT-USDT | 0.7534 | 0.0100 | get 0.0100% / 8h | 2h 40m | — | $26.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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
- $0.84
- Price spread: −0.027% → +0.007%
- −$3.38
- Slippage, 4 orders
- −$23.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$36.16
- Costs to cover
- 0.336%
- Break-even
- 308.3 days
Slippage from Lighter: live order book, 64 min ago; BingX: live order book, 8 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 Lighter live order book, 64 min ago | 1.95 bp | 5.5 bp −$5 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.31 bp | 8.7 bp −$9 | 11.3 bp −$113 | 17.6 bp −$1,760 | 61.7 bp −$30.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.0015% | 1h | 0.7553 | +0.226% | $6K | $556K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7535 | −0.008% | $20K | — | 150x | as long as short |
| Variational Omni APT | +0.0004% | 8h | 0.7549 | +0.170% | $505K | $416K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7539 | +0.040% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +3.238% | $2K | $240K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7536 | long leg | $402K | $425K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7539 | +0.040% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7539 | +0.035% | $93K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7534 | −0.024% | $27.2M | $107.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7534 | −0.027% | $26.8M | $41.0M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7537 | +0.013% | $5.6M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7530 | −0.080% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7537 | +0.013% | $29.7M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7531 | −0.066% | $4.9M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7534 | −0.027% | $8.5M | $13.2M | 75x | as long as short |
| BingX APT-USDTshort | +0.0100% | 8h | 0.7534 | −0.027% | — | $26.2M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7552 | +0.212% | $187K | $360K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7580 | +0.584% | $60K | $579K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7563 | +0.358% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7555 | +0.252% | $100 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7578 | +0.557% | $247K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7527 | −0.120% | $78K | $583K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7539 | +0.039% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7539 | +0.042% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0219% | 1h | 0.7551 | +0.205% | $524K | $625K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7545 | +0.119% | $1.4M | $964K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7630 | +1.247% | $220K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0492% | 1h | 0.7536 | −0.001% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0770% | 1h | 0.7540 | +0.048% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.6768% | 1h | 0.7724 | +2.495% | $2K | — | 5x | as long as short |
Lighter APT
BingX APT-USDT
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Variational Omni APT
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
01 Exchange APTUSD