Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.038%
Price spread now: OKX against Lighter+0.090%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.090%, 7d avg −0.014%
=Together, before fees−0.096%+ Points / potential airdropLighter: Season 3 · farm board−$10 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: OKX is 0.104% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7772 | 0.0096 | pay 0.0012% / 1h | 29m 11s | $416K | $407K | 10x |
| Short | OKX APT-USDT-SWAP | 0.7779 | 0.0100 | get 0.0100% / 8h | 6h 29m | $5.8M | $25.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.090% → −0.014%
- $10.38
- Slippage, 4 orders
- −$33.22
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32
- Costs to cover
- 0.432%
- Break-even
- 273.6 days
Slippage from Lighter: live order book, 31 min ago; OKX: live order book, 4 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, 31 min ago | 2.56 bp | 3.7 bp −$4 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.64 bp | 11.4 bp −$11 | 46.4 bp −$464 | doesn't fit | doesn't fit |
APT on 29 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 | 0.7782 | +0.129% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7777 | +0.064% | $12K | $418K | 50x | as long as short |
| Orderly PERP_APT_USDC | 0.0000% | 8h | 0.7779 | +0.090% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0003% | 8h | 0.7760 | −0.151% | $507K | $335K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.103% | $2K | $240K | 12x | as long as short |
| dYdX APT-USD | +0.0047% | 1h | 0.7799 | +0.343% | $55K | $6K | 10x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7772 | long leg | $416K | $407K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7791 | +0.244% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7792 | +0.257% | $118K | $938K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7778 | +0.077% | $28.7M | $106.4M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7777 | +0.064% | $28.2M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAPshort | +0.0100% | 8h | 0.7779 | +0.090% | $5.8M | $25.0M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7791 | +0.244% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7781 | +0.116% | $29.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7789 | +0.219% | $5.4M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7775 | +0.039% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7785 | +0.167% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7806 | +0.437% | $193K | $392K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7770 | −0.026% | $63K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7771 | −0.013% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7772 | 0.000% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7805 | +0.425% | $262K | $126K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7771 | −0.017% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7777 | +0.069% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7771 | −0.019% | $530K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7784 | +0.150% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +0.476% | $205K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7779 | +0.095% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2536% | 1h | 0.7809 | +0.476% | $2K | — | 5x | as long as short |
Lighter APT
OKX APT-USDT-SWAP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
Gate APT_USDT
MEXC 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
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
01 Exchange APTUSD