APT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterAPT	0.6177	+0.0096	pay 0.0012% / 1h	57m 09s	$357K	$262K	10x	Long Lighter7d free
SHORT	PopdexAPTUSDT	0.6170	+0.0096	get 0.0012% / 1h	57m 09s	$63K	$462K	20x	Short Popdex

Price gap−0.113%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.184% under its 7d average: the price leg works against you, −$18 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$190.0000% /8h now · paid +0.188% over the last 7D

Price−$18spread −0.113% now, avg +0.071% → −0.184% if it goes back

Costs−$1011.010% of $10k · taker + slippage, in and out

Result−$101−1.01%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.113%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APT on 31 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size12.4 / 43.0 bp
At $10k entering Popdex costs 43.0 bp, fee and slippage, 3.5× Lighter’s.
Note: Margin at max leverage$1,000 + $500
Lighter 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Lighter: 24 payments, −$2.88; short Popdex: 24 payments, +$2.88.
Watch: Gap narrower than usual−0.113% vs +0.071%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$63K vs $357K OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legLighter No · Popdex No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0089%/8h × 21 periods+$18.76

Price spread−0.113% → +0.071% (7d avg)−$18.44

Slippage, 4 orderslive order books−$94.59

Fee Lighter bp × 2 orders$0.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$100.67

Costs to cover1.010%Break-even44.6 days

Slippage: Lighter: live order book, 36 min ago; Popdex: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter5.5812.4 bp−$1280.0 bp−$800doesn’t fitdoesn’t fit

SELL · SHORTPopdex1.5943.0 bp−$43173.8 bp−$1,738doesn’t fitdoesn’t fit

Closing costs about the same again.

APT