Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: MEXC against Lighter+0.064%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.064%, 7d avg +0.045%
=Together, before fees−0.276%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7789 | 0.0096 | pay 0.0012% / 1h | 2m 34s | $427K | $351K | 10x |
| Short | MEXC APT_USDT | 0.7794 | 0.0100 | get 0.0100% / 8h | 2h 02m | $27.9M | $14.6M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.064% → +0.045%
- $1.87
- Slippage, 4 orders
- −$23.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.73
- Costs to cover
- 0.234%
- Break-even
- 179.8 days
Slippage from Lighter: live order book, 12 min ago; MEXC: live order book, 1 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, 12 min ago | 3.20 bp | 5.5 bp −$6 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.64 bp | 2.1 bp −$2 | 12.3 bp −$123 | 60.8 bp −$6,084 | 80.9 bp −$40.5K |
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 | −0.0464% | 1h | 0.7786 | −0.039% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0363% | 1h | 0.7794 | +0.065% | $534K | $617K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0135% | 1h | 0.7798 | +0.116% | $7K | $382K | 50x | as long as short |
| Variational Omni APT | −0.0097% | 8h | 0.7789 | +0.002% | $611K | $224K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0019% | 8h | 0.7796 | +0.090% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7780 | −0.116% | $2K | $200K | 12x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7799 | +0.130% | $22K | — | 150x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7789 | long leg | $427K | $351K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7797 | +0.103% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7798 | +0.116% | $308K | $459K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7789 | +0.001% | $28.7M | $96.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7791 | +0.026% | $29.0M | $35.4M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7785 | −0.051% | $6.2M | $23.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7791 | +0.026% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7794 | +0.064% | $27.9M | $14.6M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7793 | +0.051% | $5.5M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7784 | −0.064% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7789 | 0.000% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7798 | +0.116% | $197K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7790 | +0.013% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7781 | −0.103% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7793 | +0.051% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7803 | +0.180% | $263K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7785 | −0.051% | $83K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7795 | +0.073% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7795 | +0.081% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7795 | +0.077% | $1.5M | $775K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7800 | +0.141% | $210K | $544K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0465% | 1h | 0.7797 | +0.103% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0807% | 1h | 0.7800 | +0.136% | $55K | $5K | 10x | as long as short |
Lighter APT
MEXC APT_USDT
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX