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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.025%
Price spread now: Orderly against Lighter+0.026%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Orderly is 0.026% dearer against Lighter than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.77290.0096pay 0.0012% / 1h7m 42s$414K$407K10x
ShortOrderly PERP_APT_USDC0.77310.0002get 0.0002% / 8h6h 07m$10K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$19.84
Price spread: +0.026% → 0.000%
$2.59
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.25
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 52 min ago; Orderly: no order-book sample. Net counts fees only.

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, 52 min ago2.56 bp3.7 bp −$444.5 bp −$445doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APT on 29 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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7729+0.002%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7731+0.026%$12K$418K50xas long as short
Orderly PERP_APT_USDCshort+0.0002%8h0.7731+0.026%$10K$7K10x
Variational Omni APT+0.0008%8h0.7758+0.377%$506K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.660%$2K$240K12xas long as short
Lighter APTlong+0.0096%1h0.7729long leg$414K$407K10x
Hyperliquid APT+0.0100%1h0.7736+0.091%$5.5M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7726−0.034%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7730+0.015%$28.5M$106.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7727−0.026%$28.1M$38.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7726−0.039%$5.8M$24.6M50xas long as short
Gate APT_USDT+0.0100%8h0.7731+0.026%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.77290.000%$29.3M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727−0.026%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7727−0.026%$8.6M$12.7M75xas long as short
BingX APT-USDC+0.0100%8h0.7726−0.039%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7736+0.091%$192K$390K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760+0.401%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7721−0.104%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7731+0.026%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758+0.375%$261K$124K50xas long as short
Extended APT-USD+0.0104%1h0.7725−0.048%$83K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7729−0.002%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7739+0.125%$527K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7732+0.039%$17K100xas long as short
dYdX APT-USD+0.0264%1h0.7732+0.045%$54K$6K10xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+1.035%$205K$537K50xas long as short
Reya APTRUSDPERP+0.0479%1h0.7726−0.045%$3K20xas long as short
01 Exchange APTUSD+0.2352%1h0.7820+1.177%$2K5xas long as short