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−0.0382%/8h= −41.8% APRnext payment $0.48 per $10,000 · paid last 24h −0.102%
Price spread now: Lighter against Reya+0.034%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.034% dearer against Reya than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APTRUSDPERP0.77870.0478pay 0.0060% / 1h28m 10s$3K20x
ShortLighter APT0.77900.0096get 0.0012% / 1h28m 10s$417K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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
−$80.19
Price spread: +0.034% → 0.000%
$3.37
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$82.81
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 32 min ago. 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 Reya no order-book sample
Sell Lighter live order book, 32 min ago2.56 bp14.4 bp −$1471.8 bp −$718doesn't fitdoesn't fit
Reya: 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%1h0.7792+0.056%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7797+0.124%$12K$418K50xas long as short
Orderly PERP_APT_USDC0.0000%8h0.7798+0.136%$10K$7K10xas long as short
Variational Omni APT+0.0003%8h0.7760−0.348%$507K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.095%$2K$240K12xas long as short
dYdX APT-USD+0.0046%1h0.7781−0.076%$54K$6K10xas long as short
Lighter APTshort+0.0096%1h0.7790+0.034%$417K$407K10x
Hyperliquid APT+0.0100%1h0.7799+0.149%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7790+0.034%$118K$942K20xas long as short
Binance APTUSDT+0.0100%8h0.7796+0.113%$28.8M$106.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7790+0.034%$28.3M$38.0M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7787−0.005%$5.9M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7792+0.059%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7798+0.136%$29.7M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7790+0.034%$5.4M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7797+0.124%$8.7M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7794+0.085%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7799+0.149%$193K$392K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7770−0.223%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7778−0.120%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7791+0.047%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7805+0.226%$262K$126K50xas long as short
Extended APT-USD+0.0104%1h0.7790+0.033%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7795+0.099%$29K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0137%1h0.7795+0.104%$531K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7793+0.067%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.278%$205K$538K50xas long as short
Reya APTRUSDPERPlong+0.0478%1h0.7787long leg$3K20x
01 Exchange APTUSD+0.2488%1h0.7809+0.278%$2K5xas long as short