Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h +0.060%
Price spread now: Lighter against Deribit−0.039%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)−1.560%−$156 · spread now −0.039%, 7d avg −0.083%
=Together, before fees−1.409%+ Points / potential airdropLighter: Season 3 · farm board−$141 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.044% dearer against Deribit than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.083%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.151%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7645 | 0.0143 | pay 0.0018% / 1h | 41m 08s | $17K | $443K | 50x |
| Short | Lighter APT | 0.7642 | 0.0096 | get 0.0012% / 1h | 41m 08s | $408K | $421K | 10x |
Deribit APT_USDC-PERPETUAL
Lighter APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- −$9.87
- Price spread: −0.039% → −0.083%
- $4.36
- Slippage, 4 orders
- −$46.36
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.87
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 18 min ago; Lighter: live order book, 9 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 Deribit live order book, 18 min ago | 9.12 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 3.28 bp | 14.4 bp −$14 | 73.9 bp −$739 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7641 | −0.052% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7641 | −0.052% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.766% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0036% | 8h | 0.7632 | −0.169% | $510K | $415K | — | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7642 | −0.039% | $408K | $421K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7657 | +0.157% | $5.2M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7642 | −0.037% | $96K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7643 | −0.023% | $28.0M | $106.5M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7640 | −0.065% | $27.3M | $39.0M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7647 | +0.026% | $5.7M | $24.6M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APT_USDT | +0.0100% | 8h | 0.7644 | −0.013% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7641 | −0.052% | $28.7M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7644 | −0.013% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7645 | 0.000% | $8.5M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7647 | +0.026% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7648 | +0.039% | $189K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | −0.065% | $61K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7630 | −0.196% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7644 | −0.013% | $61 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7653 | +0.105% | $259K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7638 | −0.091% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7642 | −0.037% | $28K | $5K | 3x | as long as short |
| Deribit APT_USDC-PERPETUALlong | +0.0143% | 1h | 0.7645 | long leg | $17K | $443K | 50x | |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7642 | −0.042% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7643 | −0.026% | $1.4M | $942K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0317% | 1h | 0.7642 | −0.034% | $529K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7649 | +0.052% | $220K | $454K | 50x | as long as short |
| dYdX APT-USD | +0.0481% | 1h | 0.7639 | −0.084% | $53K | $6K | 10x | as long as short |
| Reya APTRUSDPERP | +0.0484% | 1h | 0.7636 | −0.121% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.5536% | 1h | 0.7776 | +1.714% | $2K | — | 5x | as long as short |
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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
dYdX APT-USD
Reya APTRUSDPERP
01 Exchange APTUSD