Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Hyperliquid−0.102%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.102%, 7d avg −0.092%
=Together, before fees+0.109%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APT | 0.7858 | 0.0100 | pay 0.0013% / 1h | 38m 59s | $5.9M | $5.1M | 10x |
| Short | Lighter APT | 0.7850 | 0.0096 | get 0.0012% / 1h | 38m 59s | $430K | $350K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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: −0.102% → −0.092%
- −$0.94
- Slippage, 4 orders
- −$27.56
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$38.34
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Lighter: live order book, 36 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 Hyperliquid live order book, 3 min ago | 1.91 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 36 min ago | 3.20 bp | 9.2 bp −$9 | 65.8 bp −$658 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0528% | 1h | 0.7841 | −0.216% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7853 | −0.063% | $536K | $628K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0132% | 1h | 0.7853 | −0.064% | $7K | $372K | 50x | as long as short |
| Variational Omni APT | −0.0084% | 8h | 0.7837 | −0.272% | $615K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.993% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7850 | −0.102% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7860 | +0.024% | $22K | — | 150x | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7850 | −0.102% | $430K | $350K | 10x | |
| Hyperliquid APTlong | +0.0100% | 1h | 0.7858 | long leg | $5.9M | $5.1M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7850 | −0.103% | $305K | $464K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7850 | −0.096% | $29.0M | $97.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7846 | −0.153% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7851 | −0.089% | $6.2M | $23.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7849 | −0.115% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7850 | −0.102% | $28.1M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7849 | −0.115% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7851 | −0.089% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7850 | −0.102% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7855 | −0.038% | $200K | $363K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7840 | −0.229% | $65K | $567K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7843 | −0.191% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7852 | −0.076% | $60 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | −0.191% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7848 | −0.122% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7851 | −0.085% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7854 | −0.045% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7858 | 0.000% | $1.5M | $773K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7860 | +0.025% | $208K | $555K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0466% | 1h | 0.7856 | −0.028% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0681% | 1h | 0.7849 | −0.117% | $55K | $5K | 10x | as long as short |
Hyperliquid APT
Lighter APT
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
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
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX