Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Lighter against KuCoin−0.196%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now −0.196%, 7d avg −0.013%
=Together, before fees+0.444%+ Points / potential airdropLighter: Season 3 · farm board+$44 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 0.183% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APTUSDTM | 0.7658 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $5.1M | $12.3M | 50x |
| Short | Lighter APT | 0.7643 | 0.0096 | get 0.0012% / 1h | 40m 20s | $408K | $421K | 10x |
KuCoin APTUSDTM
Lighter APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$0.84
- Price spread: −0.196% → −0.013%
- −$18.33
- Slippage, 4 orders
- −$74.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$105.2
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter: live order book, 9 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 KuCoin live order book, 3 min ago | 3.27 bp | 25.9 bp −$26 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 3.28 bp | 14.4 bp −$14 | 73.9 bp −$739 | 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 | 0.7651 | −0.090% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7651 | −0.091% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.593% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0040% | 8h | 0.7635 | −0.299% | $510K | $415K | — | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7643 | −0.196% | $408K | $421K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7660 | +0.026% | $5.2M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7655 | −0.040% | $96K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7659 | +0.007% | $28.0M | $106.5M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7647 | −0.144% | $27.3M | $39.0M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7649 | −0.118% | $5.7M | $24.6M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APT_USDT | +0.0100% | 8h | 0.7656 | −0.026% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7660 | +0.026% | $28.8M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7658 | long leg | $5.1M | $12.3M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7652 | −0.078% | $8.5M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7654 | −0.052% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7648 | −0.131% | $189K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | −0.235% | $61K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7644 | −0.183% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7648 | −0.131% | $58 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7653 | −0.065% | $259K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7648 | −0.137% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7652 | −0.084% | $28K | $5K | 3x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0142% | 1h | 0.7653 | −0.065% | $17K | $443K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7653 | −0.066% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7643 | −0.196% | $1.4M | $942K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0317% | 1h | 0.7646 | −0.152% | $529K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7660 | +0.026% | $220K | $455K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0484% | 1h | 0.7653 | −0.069% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0486% | 1h | 0.7655 | −0.039% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5536% | 1h | 0.7776 | +1.541% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Deribit APT_USDC-PERPETUAL
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD