Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Binance against Lighter+0.041%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.041%, 7d avg +0.050%
=Together, before fees+0.009%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7780 | 0.0096 | pay 0.0012% / 1h | 21m 10s | $417K | $407K | 10x |
| Short | Binance APTUSDT | 0.7783 | 0.0100 | get 0.0100% / 8h | 6h 21m | $28.7M | $106.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.84
- Price spread: +0.041% → +0.050%
- −$0.86
- Slippage, 4 orders
- −$26.92
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.95
- Costs to cover
- 0.369%
- Break-even
- 314.9 days
Slippage from Lighter: live order book, 39 min ago; Binance: live order book, 7 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 Lighter live order book, 39 min ago | 2.56 bp | 3.7 bp −$4 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.64 bp | 9.1 bp −$9 | 23.5 bp −$235 | 80.8 bp −$8,084 | doesn't fit |
APT on 29 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 | 0.7787 | +0.096% | $21K | — | 150x | as long as short |
| Variational Omni APT | 0.0000% | 8h | 0.7785 | +0.067% | $508K | $335K | — | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7785 | +0.064% | $12K | $418K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0001% | 8h | 0.7782 | +0.026% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | 0.000% | $2K | $240K | 12x | as long as short |
| dYdX APT-USD | +0.0088% | 1h | 0.7790 | +0.134% | $55K | $6K | 10x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7780 | long leg | $417K | $407K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7789 | +0.116% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7785 | +0.059% | $95K | $944K | 20x | as long as short |
| Binance APTUSDTshort | +0.0100% | 8h | 0.7783 | +0.041% | $28.7M | $106.4M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7777 | −0.039% | $28.3M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7779 | −0.013% | $5.8M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7784 | +0.051% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7782 | +0.026% | $29.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7781 | +0.013% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7780 | 0.000% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7780 | 0.000% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7787 | +0.090% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | 0.000% | $63K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7774 | −0.077% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7784 | +0.051% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7787 | +0.090% | $262K | $124K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7780 | −0.002% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7785 | +0.064% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0137% | 1h | 0.7784 | +0.048% | $530K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7785 | +0.058% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +0.373% | $205K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7784 | +0.048% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2208% | 1h | 0.7809 | +0.373% | $2K | — | 5x | as long as short |
Lighter APT
Binance APTUSDT
gTrade (Gains Network) APT/USD
Variational Omni APT
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
01 Exchange APTUSD