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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h +0.024%
Price spread now: Lighter against Orderly+0.064%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.064% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_APT_USDC0.77540.0012pay 0.0012% / 8h5h 10m$10K$7K10x
ShortLighter APT0.77590.0096get 0.0012% / 1h10m 20s$414K$419K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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
$17.65
Price spread: +0.064% → 0.000%
$6.45
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
$18.1
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Lighter live order book, 44 min ago3.25 bp5.3 bp −$570.1 bp −$701doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APT on 30 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%1h0.7753−0.013%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7751−0.039%$17K$428K50xas long as short
Orderly PERP_APT_USDClong+0.0012%8h0.7754long leg$10K$7K10x
Variational Omni APT+0.0028%8h0.77540.000%$517K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.335%$2K$240K12xas long as short
Lighter APTshort+0.0096%1h0.7759+0.064%$414K$419K10x
Hyperliquid APT+0.0100%1h0.7760+0.077%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7760+0.082%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7757+0.032%$28.4M$105.1M75xas long as short
Bybit APTUSDT+0.0100%8h0.7752−0.026%$28.0M$38.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7749−0.064%$5.8M$24.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7753−0.013%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7758+0.052%$29.3M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7756+0.026%$5.2M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7749−0.064%$8.6M$12.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7748−0.077%$26.0Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760+0.077%$63K$578K50xas long as short
SunX APT-USDT+0.0100%8h0.7737−0.219%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7750−0.052%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7757+0.039%$262K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7744−0.123%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7754−0.003%$28K$5K3xas long as short
Backpack APT_USDC_PERP+0.0120%1h0.7768+0.181%$195K$376K20xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7751−0.035%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7766+0.155%$1.4M$958K75xas long as short
Kraken Futures PF_APTUSD+0.0255%1h0.7757+0.045%$532K$625K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7784+0.387%$204K$476K50xas long as short
Reya APTRUSDPERP+0.0483%1h0.7747−0.093%$3K20xas long as short
dYdX APT-USD+0.1073%1h0.7758+0.057%$54K$6K10xas long as short
01 Exchange APTUSD+0.3472%1h0.7840+1.109%$2K5xas long as short