Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Lighter against Binance+0.114%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.114%, 7d avg −0.050%
=Together, before fees−0.172%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 0.164% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7892 | 0.0100 | pay 0.0100% / 8h | 7h 06m | $29.8M | $103.3M | 75x |
| Short | Lighter APT | 0.7901 | 0.0096 | get 0.0012% / 1h | 6m 25s | $423K | $406K | 10x |
Binance APTUSDT
Lighter APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: +0.114% → −0.050%
- $16.4
- Slippage, 4 orders
- −$31.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.16
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 58 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 Binance live order book, 6 min ago | 2.52 bp | 12.7 bp −$13 | 21.3 bp −$213 | 80.3 bp −$8,031 | doesn't fit |
| Sell Lighter live order book, 58 min ago | 4.39 bp | 11.6 bp −$12 | 75.3 bp −$753 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0020% | 8h | 0.7921 | +0.370% | $518K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0005% | 8h | 0.7895 | +0.038% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7896 | +0.047% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7921 | +0.367% | $13K | $418K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −1.419% | $2K | $241K | 12x | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7901 | +0.114% | $423K | $406K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7903 | +0.139% | $6.1M | $5.7M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7895 | +0.043% | $297K | $490K | 20x | as long as short |
| Binance APTUSDTlong | +0.0100% | 8h | 0.7892 | long leg | $29.8M | $103.3M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7895 | +0.038% | $29.2M | $37.2M | 50x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7890 | −0.025% | $6.1M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7890 | −0.025% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7896 | +0.051% | $28.9M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7890 | −0.025% | $5.5M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7892 | 0.000% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7893 | +0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7925 | +0.418% | $200K | $378K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7930 | +0.482% | $64K | $575K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7909 | +0.215% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7921 | +0.367% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7922 | +0.380% | $266K | $128K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7889 | −0.044% | $85K | $494K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7892 | 0.000% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7893 | +0.014% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7923 | +0.393% | $1.5M | $894K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0232% | 1h | 0.7949 | +0.722% | $210K | $549K | 50x | as long as short |
| dYdX APT-USD | +0.0234% | 1h | 0.7900 | +0.108% | $55K | $6K | 10x | as long as short |
| Kraken Futures PF_APTUSD | +0.0475% | 1h | 0.7924 | +0.411% | $543K | $640K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0476% | 1h | 0.7890 | −0.020% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.1120% | 1h | 0.7911 | +0.241% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
dYdX APT-USD
Kraken Futures PF_APTUSD
Reya APTRUSDPERP
01 Exchange APTUSD