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 −0.003%
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.77800.0096pay 0.0012% / 1h21m 10s$417K$407K10x
ShortBinance APTUSDT0.77830.0100get 0.0100% / 8h6h 21m$28.7M$106.4M75x

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 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: +0.041% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 39 min ago2.56 bp3.7 bp −$444.5 bp −$445doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.64 bp9.1 bp −$923.5 bp −$23580.8 bp −$8,084doesn't fit

APT on 29 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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7787+0.096%$21K150xas long as short
Variational Omni APT0.0000%8h0.7785+0.067%$508K$335Kas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7785+0.064%$12K$418K50xas long as short
Orderly PERP_APT_USDC+0.0001%8h0.7782+0.026%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.77800.000%$2K$240K12xas long as short
dYdX APT-USD+0.0088%1h0.7790+0.134%$55K$6K10xas long as short
Lighter APTlong+0.0096%1h0.7780long leg$417K$407K10x
Hyperliquid APT+0.0100%1h0.7789+0.116%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7785+0.059%$95K$944K20xas long as short
Binance APTUSDTshort+0.0100%8h0.7783+0.041%$28.7M$106.4M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7777−0.039%$28.3M$38.1M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7779−0.013%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7784+0.051%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7782+0.026%$29.6M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7781+0.013%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.77800.000%$8.7M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.77800.000%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7787+0.090%$193K$391K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.77800.000%$63K$573K50xas long as short
SunX APT-USDT+0.0100%8h0.7774−0.077%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7784+0.051%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7787+0.090%$262K$124K50xas long as short
Extended APT-USD+0.0104%1h0.7780−0.002%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7785+0.064%$29K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0137%1h0.7784+0.048%$530K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7785+0.058%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.373%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0478%1h0.7784+0.048%$3K20xas long as short
01 Exchange APTUSD+0.2208%1h0.7809+0.373%$2K5xas long as short