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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Bitget against Lighter+0.101%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.101%, 7d avg +0.002%
Together, before fees−0.141%+ Points / potential airdropLighter: Season 3 · farm board−$14 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: Bitget is 0.099% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.78910.0096pay 0.0012% / 1h1m 10s$432K$351K10x
ShortBitget APTUSDT0.78990.0100get 0.0100% / 8h1h 01m$8.9M$12.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.101% → +0.002%
$9.91
Slippage, 4 orders
−$35
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$36.26
Costs to cover
0.470%
Break-even
309.1 days
Slippage from Lighter: live order book, 9 min ago; Bitget: live order book, 2 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, 9 min ago2.54 bp4.8 bp −$546.3 bp −$463doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.90 bp16.6 bp −$1725.2 bp −$25273.8 bp −$7,381doesn'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
01 Exchange APTUSD−0.0440%1h0.7876−0.190%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7892+0.008%$544K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880−0.134%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.407%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7890−0.013%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7892+0.008%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7892+0.013%$7K$387K50xas long as short
Lighter APTlong+0.0096%1h0.7891long leg$432K$351K10x
Hyperliquid APT+0.0100%1h0.7900+0.114%$6.0M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7891−0.006%$307K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7894+0.034%$29.2M$97.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7897+0.076%$29.6M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7894+0.038%$6.2M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7890−0.013%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7900+0.114%$28.6M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7898+0.089%$5.6M$12.2M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7899+0.101%$8.9M$12.3M75x
BingX APT-USDT+0.0100%8h0.7895+0.051%$24.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7902+0.139%$199K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7890−0.013%$66K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7878−0.165%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7893+0.025%$71$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7889−0.025%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7888−0.036%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7893+0.029%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7893+0.022%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7899+0.101%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897+0.076%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7889−0.031%$3K20xas long as short
dYdX APT-USD+0.0976%1h0.7893+0.021%$55K$5K10xas long as short