Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: KuCoin against Lighter+0.130%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.130%, 7d avg +0.012%
=Together, before fees−0.582%+ Points / potential airdropLighter: Season 3 · farm board−$58 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: KuCoin is 0.118% dearer against Lighter than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7693 | 0.0096 | pay 0.0012% / 1h | 38m 51s | $414K | $413K | 10x |
| Short | KuCoin APTUSDTM | 0.7703 | 0.0100 | get 0.0100% / 8h | 5h 38m | $5.2M | $12.2M | 50x |
Lighter APT
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.130% → +0.012%
- $11.84
- Slippage, 4 orders
- −$68.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$68.23
- Costs to cover
- 0.809%
- Break-even
- 575.6 days
Slippage from Lighter: live order book, 16 min ago; KuCoin: live order book, 5 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, 16 min ago | 3.25 bp | 11.9 bp −$12 | 54.2 bp −$542 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.94 bp | 39.8 bp −$40 | 71.6 bp −$716 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7699 | +0.078% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7697 | +0.052% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0007% | 8h | 0.7696 | +0.039% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0025% | 8h | 0.7716 | +0.299% | $520K | $330K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.131% | $2K | $240K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7693 | long leg | $414K | $413K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7703 | +0.130% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7699 | +0.076% | $100K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7706 | +0.173% | $28.4M | $104.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7704 | +0.143% | $27.9M | $37.7M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7710 | +0.221% | $5.8M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7706 | +0.169% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7701 | +0.104% | $29.1M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7703 | +0.130% | $5.2M | $12.2M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7699 | +0.078% | $8.5M | $12.5M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7707 | +0.182% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7702 | +0.117% | $193K | $373K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | +0.351% | $63K | $577K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7683 | −0.130% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7695 | +0.026% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7713 | +0.260% | $261K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7700 | +0.089% | $79K | $487K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7696 | +0.037% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7694 | +0.011% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7697 | +0.052% | $1.4M | $949K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0257% | 1h | 0.7697 | +0.046% | $527K | $626K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7730 | +0.481% | $203K | $531K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0481% | 1h | 0.7700 | +0.097% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1050% | 1h | 0.7702 | +0.111% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4272% | 1h | 0.7805 | +1.456% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
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
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD