Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Lighter against KuCoin+0.118%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$820.825% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.118%, 7d avg −0.013%
=Together, before fees−0.051%+ Points / potential airdropLighter: Season 3 · farm board−$5 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 0.131% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APTUSDTM | 0.7655 | 0.0100 | pay 0.0100% / 8h | 37m 43s | $4.9M | $11.3M | 50x |
| Short | Lighter APT | 0.7664 | 0.0096 | get 0.0012% / 1h | 37m 43s | $411K | $420K | 10x |
KuCoin APTUSDTM
Lighter APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.118% → −0.013%
- $13.06
- Slippage, 4 orders
- −$70.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$70.27
- Costs to cover
- 0.825%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Lighter: live order book, 57 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 KuCoin live order book, 11 min ago | 2.60 bp | 29.8 bp −$30 | 68.3 bp −$683 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 min ago | 5.22 bp | 10.8 bp −$11 | 64.1 bp −$641 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0443% | 1h | 0.7664 | +0.123% | $522K | $550K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0272% | 1h | 0.7666 | +0.144% | $19K | $600K | 50x | as long as short |
| Variational Omni APT | −0.0027% | 8h | 0.7687 | +0.418% | $492K | $416K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7668 | +0.170% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0014% | 8h | 0.7664 | +0.118% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.633% | $2K | $240K | 12x | as long as short |
| Lighter APTshort | +0.0096% | 1h | 0.7664 | +0.118% | $411K | $420K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7661 | +0.078% | $4.8M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7656 | +0.013% | $91K | $884K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7664 | +0.118% | $27.8M | $96.5M | 75x | as long as short |
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7661 | +0.078% | $27.3M | $37.6M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7662 | +0.091% | $5.7M | $23.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7663 | +0.105% | $2.6M | $4.5M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7661 | +0.078% | $30.8M | $14.3M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7655 | long leg | $4.9M | $11.3M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7661 | +0.078% | $8.6M | $11.8M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7664 | +0.118% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7662 | +0.091% | $173K | $295K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | +0.457% | $59K | $583K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7650 | −0.065% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7662 | +0.091% | $103 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7693 | +0.496% | $252K | $166K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7660 | +0.072% | $82K | $633K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7660 | +0.065% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7670 | +0.198% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7678 | +0.300% | $1.4M | $799K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7680 | +0.327% | $221K | $313K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0499% | 1h | 0.7664 | +0.115% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0889% | 1h | 0.7664 | +0.118% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4920% | 1h | 0.7788 | +1.737% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
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
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD