Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Hyperliquid against Lighter+0.102%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.102%, 7d avg +0.092%
=Together, before fees−0.110%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7846 | 0.0096 | pay 0.0012% / 1h | 24m 21s | $430K | $350K | 10x |
| Short | Hyperliquid APT | 0.7854 | 0.0100 | get 0.0013% / 1h | 24m 21s | $5.9M | $5.2M | 10x |
Lighter APT
Hyperliquid APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.102% → +0.092%
- $0.96
- Slippage, 4 orders
- −$29.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$37.13
- Costs to cover
- 0.389%
- Break-even
- 316.4 days
Slippage from Lighter: live order book, 51 min ago; Hyperliquid: 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, 51 min ago | 3.20 bp | 5.5 bp −$6 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.27 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0424% | 1h | 0.7838 | −0.102% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7848 | +0.030% | $542K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0071% | 8h | 0.7837 | −0.121% | $615K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.841% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0022% | 8h | 0.7845 | −0.013% | $10K | $7K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0005% | 1h | 0.7846 | 0.000% | $10K | $383K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7850 | +0.048% | $22K | — | 150x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7846 | long leg | $430K | $350K | 10x | |
| Hyperliquid APTshort | +0.0100% | 1h | 0.7854 | +0.102% | $5.9M | $5.2M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7850 | +0.057% | $305K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7848 | +0.031% | $28.9M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7843 | −0.038% | $29.3M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7844 | −0.025% | $6.2M | $23.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7850 | +0.051% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7849 | +0.038% | $27.9M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7845 | −0.013% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7848 | +0.025% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7850 | +0.051% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7849 | +0.038% | $197K | $365K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7860 | +0.178% | $66K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7815 | −0.395% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7846 | 0.000% | $73 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7847 | +0.013% | $265K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7844 | −0.022% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7846 | −0.003% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7853 | +0.084% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7844 | −0.025% | $1.5M | $772K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7870 | +0.306% | $209K | $559K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0467% | 1h | 0.7849 | +0.040% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0720% | 1h | 0.7846 | 0.000% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD