Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Lighter+0.042%7-day average −0.042% · 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−$30as in the Price arb table
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.042%, 7d avg −0.042%
Together, before fees−0.131%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$13 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: Extended is 0.084% dearer against Lighter than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.76040.0096pay 0.0012% / 1h18m 29s$406K$401K10x
ShortExtended APT-USD0.76070.0104get 0.0013% / 1h18m 29s$78K$635K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: +0.042% → −0.042%
$8.44
Slippage, 4 orders
−$33.08
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$27.96
Costs to cover
0.381%
Break-even
123.5 days
Slippage from Lighter: live order book, 28 min ago; Extended: live order book, 32 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, 28 min ago3.30 bp8.3 bp −$851.7 bp −$517doesn't fitdoesn't fit
Sell Extended live order book, 32 min ago1.96 bp11.5 bp −$12127.0 bp −$1,270doesn't fitdoesn't fit

APT on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT−0.0252%8h0.76040.000%$26.4M$36.9M50xas long as short
Variational Omni APT−0.0171%8h0.7600−0.053%$486K$416Kas long as short
Kraken Futures PF_APTUSD−0.0041%1h0.7605+0.020%$514K$522K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0013%1h0.76040.000%$28K$596K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7605+0.020%$20K150xas long as short
Orderly PERP_APT_USDC+0.0011%8h0.7601−0.039%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.315%$2K$240K12xas long as short
Gate APT_USDT+0.0076%8h0.7603−0.013%$2.5M$4.2M75xas long as short
Lighter APTlong+0.0096%1h0.7604long leg$406K$401K10x
Hyperliquid APT+0.0100%1h0.7613+0.118%$5.0M$5.8M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APTUSDT+0.0100%8h0.7607+0.043%$89K$856K20xas long as short
Binance APTUSDT+0.0100%8h0.7615+0.147%$27.6M$91.5M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7609+0.066%$5.7M$22.7M50xas long as short
MEXC APT_USDT+0.0100%8h0.7609+0.066%$22.3M$12.9M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7611+0.092%$5.0M$10.4M50xas long as short
Bitget APTUSDT+0.0100%8h0.7611+0.092%$8.5M$11.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7608+0.053%$50.6Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.76040.000%$178K$359K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7620+0.210%$58K$588K50xas long as short
SunX APT-USDT+0.0100%8h0.7590−0.184%$6K$1.2M20xas long as short
SoDEX APT-USD+0.0100%1h0.7602−0.026%$58$6K5xas long as short
HTX APT-USDT+0.0100%8h0.76040.000%$251K$157K50xas long as short
Extended APT-USDshort+0.0104%1h0.7607+0.042%$78K$635K25x
Aevo APT-PERP+0.0104%1h0.7603−0.013%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7604−0.001%$16K100xas long as short
BloFin APT-USDT+0.0220%8h0.7606+0.026%$1.4M$767K75xas long as short
Coinbase International APT-PERP-INTX+0.0344%1h0.7618+0.184%$218K$284K50xas long as short
dYdX APT-USD+0.0378%1h0.7610+0.085%$53K$6K10xas long as short
Reya APTRUSDPERP+0.0507%1h0.7610+0.078%$3K20xas long as short
01 Exchange APTUSD+0.6288%1h0.7755+1.986%$2K5xas long as short