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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.117%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2312.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 3 days (all we have)−0.749%−$75 · spread now +0.117%, 7d avg +0.080%
Together, before fees−0.835%+ Points / potential airdropLighter: Season 3 · farm board−$83 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: Lighter is 0.037% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APT-USDT0.77130.0100pay 0.0100% / 8h6h 55m$6K$1.5M20x
ShortLighter APT0.77220.0096get 0.0012% / 1h55m 28s$413K$404K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
−$0.84
Price spread: +0.117% → +0.080%
$3.7
Slippage, 4 orders
−$223.46
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$228.61
Costs to cover
2.315%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Lighter: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago30.50 bp101.0 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago2.56 bp14.4 bp −$1471.8 bp −$718doesn't fitdoesn't fit

APT on 30 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
Variational Omni APT−0.0006%8h0.7720+0.095%$500K$331Kas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7707−0.078%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7708−0.061%$38K150xas long as short
dYdX APT-USD0.0000%1h0.7730+0.217%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7727+0.182%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.869%$2K$240K12xas long as short
Lighter APTshort+0.0096%1h0.7722+0.117%$413K$404K10x
Hyperliquid APT+0.0100%1h0.7722+0.117%$5.7M$6.0M10xas long as short
Aster APTUSDT+0.0100%8h0.7727+0.177%$244K$587K20xas long as short
Binance APTUSDT+0.0100%8h0.7715+0.020%$28.9M$104.6M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7705−0.104%$28.0M$37.8M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7706−0.091%$5.8M$24.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7709−0.052%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7717+0.052%$27.9M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7719+0.078%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7707−0.078%$8.6M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7708−0.065%$25.6Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7726+0.169%$194K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.869%$63K$574K50xas long as short
SunX APT-USDTlong+0.0100%8h0.7713long leg$6K$1.5M20x
SoDEX APT-USD+0.0100%1h0.7725+0.156%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7745+0.415%$260K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7719+0.080%$83K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7709−0.047%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7735+0.280%$528K$640K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7713+0.002%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7768+0.713%$1.5M$950K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7795+1.063%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7717+0.057%$3K20xas long as short
01 Exchange APTUSD+0.3376%1h0.7823+1.426%$2K5xas long as short