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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.178%78s7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 3 days (all we have)+0.497%+$50 · spread now −0.178%, 7d avg +0.086%
Together, before fees+0.583%+ Points / potential airdropLighter: Season 3 · farm board+$58 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: ApeX Omni is 0.264% cheaper against Lighter than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.086%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.78640.0096pay 0.0012% / 1h13m 54s$431K$351K10x
ShortApeX Omni APTUSDT0.78500.0100get 0.0013% / 1h13m 54s$65K$568K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: −0.178% → +0.086%
−$26.36
Slippage, 4 orders
−$53.28
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$88.8
Costs to cover
0.633%
Break-even
747.0 days
Slippage from Lighter: live order book, 61 min ago; ApeX Omni: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 61 min ago3.20 bp5.5 bp −$647.7 bp −$477doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago12.74 bp25.3 bp −$25184.0 bp −$1,840doesn't fitdoesn't fit

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
01 Exchange APTUSD−0.0448%1h0.7850−0.178%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0422%1h0.7866+0.028%$543K$635K50xas long as short
Variational Omni APT−0.0069%8h0.7851−0.171%$615K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.068%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7867+0.038%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7870+0.070%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7868+0.051%$7K$387K50xas long as short
Lighter APTlong+0.0096%1h0.7864long leg$431K$351K10x
Hyperliquid APT+0.0100%1h0.7876+0.153%$5.9M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7876+0.157%$306K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7873+0.116%$29.0M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7870+0.076%$29.4M$35.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7871+0.089%$6.2M$23.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7871+0.089%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7877+0.165%$28.5M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7867+0.038%$5.6M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7871+0.089%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7871+0.089%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7872+0.102%$198K$366K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7850−0.178%$65K$568K50x
SunX APT-USDT+0.0100%8h0.7854−0.127%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7868+0.051%$77$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7865+0.013%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7870+0.078%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7866+0.026%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7866+0.020%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7879+0.191%$1.5M$790K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7885+0.267%$209K$560K50xas long as short
Reya APTRUSDPERP+0.0468%1h0.7867+0.032%$3K20xas long as short
dYdX APT-USD+0.0820%1h0.7875+0.145%$55K$5K10xas long as short