Funding you earn now, next payment 21:00 UTC−0.1460%/8h= −159.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.244%
Price spread now: ApeX Omni against Lighter−0.569%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.896%−$90 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and ApeX Omni is 0.569% cheaper against Lighter than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.896% in total (about -46.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APEX | 0.2585 | 0.1560 | pay 0.0195% / 1h | 30m 59s | $54K | $20K | 5x |
| Short | ApeX Omni APEXUSDT | 0.2570 | 0.0100 | get 0.0013% / 1h | 30m 59s | $137K | $481K | 50x |
Lighter APEX
ApeX Omni APEXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$306.6
- Price spread: −0.569% → 0.000%
- −$56.87
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$373.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; ApeX Omni: live order book, 17 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 17 min ago | 65.94 bp | 136.2 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
Lighter: 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.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2573 | −0.453% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2572 | −0.491% | $633K | $234K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2574 | −0.414% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2577 | −0.316% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDTshort | +0.0100% | 1h | 0.2570 | −0.569% | $137K | $481K | 50x | |
| BloFin APEX-USDT | +0.0155% | 4h | 0.2573 | −0.453% | $93K | $1K | 25x | as long as short |
| Lighter APEXlong | +0.1560% | 1h | 0.2585 | long leg | $54K | $20K | 5x | |
| Hyperliquid APEX | +0.1781% | 1h | 0.2585 | 0.000% | $2.9M | $122K | 3x | as long as short |
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
Variational Omni APEX
BloFin APEX-USDT
Hyperliquid APEX