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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Bitget against Lighter+0.064%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.458%−$46 · spread now +0.064%, 7d avg +0.003%
Together, before fees−0.409%+ Points / potential airdropLighter: Season 3 · farm board−$41 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: Bitget is 0.061% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.77620.0096pay 0.0012% / 1h14m 58s$415K$415K10x
ShortBitget APTUSDT0.77670.0100get 0.0100% / 8h7h 14m$8.8M$11.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.064% → +0.003%
$6.1
Slippage, 4 orders
−$34.2
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$39.27
Costs to cover
0.462%
Break-even
334.2 days
Slippage from Lighter: live order book, 10 min ago; Bitget: 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, 10 min ago1.95 bp8.4 bp −$849.1 bp −$491doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.29 bp12.7 bp −$1330.1 bp −$301103.5 bp −$10.4Kdoesn'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
Variational Omni APT−0.0069%8h0.7763+0.018%$496K$411Kas long as short
Deribit APT_USDC-PERPETUAL−0.0007%1h0.7765+0.039%$20K$597K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7764+0.024%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7764+0.026%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.232%$2K$240K12xas long as short
Bybit APTUSDT+0.0093%8h0.7768+0.077%$27.6M$35.5M50xas long as short
Lighter APTlong+0.0096%1h0.7762long leg$415K$415K10x
Hyperliquid APT+0.0100%1h0.7768+0.077%$5.1M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7763+0.010%$92K$863K20xas long as short
Binance APTUSDT+0.0100%8h0.7768+0.077%$28.3M$92.1M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7765+0.039%$5.8M$23.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7763+0.013%$2.6M$4.3M75xas long as short
MEXC APT_USDT+0.0100%8h0.7765+0.039%$22.5M$14.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7763+0.013%$4.9M$10.7M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7767+0.064%$8.8M$11.3M75x
BingX APT-USDC+0.0100%8h0.7763+0.013%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7765+0.039%$179K$293K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7740−0.283%$59K$583K50xas long as short
SunX APT-USDT+0.0100%8h0.7748−0.180%$6K$1.2M20xas long as short
SoDEX APT-USD+0.0100%1h0.7763+0.013%$92$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758−0.052%$257K$152K50xas long as short
Extended APT-USD+0.0104%1h0.7759−0.036%$80K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7766+0.052%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7765+0.042%$17K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7770+0.106%$530K$526K50xas long as short
BloFin APT-USDT+0.0220%8h0.7758−0.052%$1.4M$763K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7780+0.232%$223K$299K50xas long as short
Reya APTRUSDPERP+0.0504%1h0.7755−0.088%$3K20xas long as short
dYdX APT-USD+0.0970%1h0.7767+0.064%$54K$6K10xas long as short
01 Exchange APTUSD+0.3592%1h0.7840+1.005%$2K5xas long as short