Funding you earn now, next payment 02:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.033%
Price spread now: Lighter against BloFin−0.360%420s7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 3 days (all we have)−0.352%−$35 · spread now −0.360%, 7d avg −0.109%
=Together, before fees−0.588%+ Points / potential airdropLighter: Season 3 · farm board−$59 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.251% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.109%). Swap the legs. The two prices were read 420 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APT-USDT | 0.7781 | 0.0220 | pay 0.0220% / 8h | 6h 42m | $1.5M | $961K | 75x |
| Short | Lighter APT | 0.7753 | 0.0096 | get 0.0012% / 1h | 42m 07s | $416K | $405K | 10x |
BloFin APT-USDT
Lighter APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$26.04
- Price spread: −0.360% → −0.109%
- −$25.07
- Slippage, 4 orders
- −$23.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$86.34
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Lighter: live order book, 18 min ago.
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 BloFin live order book, 11 min ago | 2.57 bp | 8.6 bp −$9 | 12.0 bp −$120 | 49.9 bp −$4,992 | doesn't fit |
| Sell Lighter live order book, 18 min ago | 2.56 bp | 14.4 bp −$14 | 71.8 bp −$718 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7752 | −0.377% | $39K | — | 150x | as long as short |
| Variational Omni APT | −0.0004% | 8h | 0.7759 | −0.279% | $502K | $331K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0004% | 8h | 0.7751 | −0.386% | $10K | $7K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7752 | −0.373% | $12K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0009% | 1h | 0.7756 | −0.324% | $54K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −0.013% | $2K | $240K | 12x | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7753 | −0.360% | $416K | $405K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7759 | −0.283% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7758 | −0.302% | $243K | $584K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7755 | −0.334% | $28.9M | $105.5M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7757 | −0.308% | $28.2M | $37.9M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7763 | −0.231% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7754 | −0.347% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7759 | −0.283% | $28.6M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7755 | −0.334% | $5.4M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7767 | −0.180% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7763 | −0.231% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7765 | −0.206% | $195K | $380K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7760 | −0.270% | $63K | $575K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7744 | −0.476% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7754 | −0.347% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7767 | −0.180% | $261K | $128K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7753 | −0.365% | $84K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7750 | −0.398% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7759 | −0.285% | $528K | $641K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7753 | −0.365% | $17K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7781 | long leg | $1.5M | $961K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7800 | +0.244% | $205K | $537K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0477% | 1h | 0.7754 | −0.351% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2392% | 1h | 0.7837 | +0.720% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD