Funding you earn now, next payment 10:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.033%
Price spread now: BloFin against Lighter+0.155%60s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+3.361%+$336 · spread now +0.155%, 7d avg +0.096%
=Together, before fees+3.611%+ Points / potential airdropLighter: Season 3 · farm board+$361 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.059% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.096%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7732 | −0.0024 | get 0.0003% / 1h | 58m 09s | $413K | $394K | 10x |
| Short | BloFin APT-USDT | 0.7744 | 0.0220 | get 0.0220% / 8h | 6h 58m | $1.4M | $767K | 75x |
Lighter APT
BloFin APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $51.24
- Price spread: +0.155% → +0.096%
- $5.91
- Slippage, 4 orders
- −$30
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $15.15
- Costs to cover
- 0.420%
- Break-even
- 4.9 days
Slippage from Lighter: live order book, 26 min ago; BloFin: live order book, 4 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 Lighter live order book, 26 min ago | 1.95 bp | 8.4 bp −$8 | 49.1 bp −$491 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 5.15 bp | 12.1 bp −$12 | 17.1 bp −$171 | 46.1 bp −$4,610 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.0138% | 1h | 0.7736 | +0.052% | $20K | $585K | 50x | as long as short |
| Bybit APTUSDT | −0.0116% | 8h | 0.7718 | −0.181% | $27.4M | $35.1M | 50x | as long as short |
| Variational Omni APT | −0.0090% | 8h | 0.7755 | +0.298% | $496K | $411K | — | as long as short |
| Kraken Futures PF_APTUSD | −0.0040% | 1h | 0.7734 | +0.022% | $526K | $522K | 50x | as long as short |
| Lighter APTlong | −0.0024% | 1h | 0.7732 | long leg | $413K | $394K | 10x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7767 | +0.450% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0013% | 8h | 0.7736 | +0.052% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.621% | $2K | $240K | 12x | as long as short |
| Backpack APT_USDC_PERP | +0.0059% | 1h | 0.7728 | −0.052% | $184K | $334K | 20x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7731 | −0.013% | $5.1M | $6.1M | 10x | as long as short |
Deribit APT_USDC-PERPETUAL
Bybit APTUSDT
Variational Omni APT
Kraken Futures PF_APTUSD
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Backpack APT_USDC_PERP
Hyperliquid APTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APTUSDT | +0.0100% | 8h | 0.7728 | −0.052% | $90K | $868K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7723 | −0.116% | $28.1M | $90.9M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7722 | −0.129% | $5.7M | $22.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7729 | −0.039% | $2.6M | $4.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7722 | −0.129% | $22.6M | $12.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7729 | −0.039% | $4.9M | $10.6M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7725 | −0.091% | $8.7M | $11.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7725 | −0.091% | — | $23.7M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7760 | +0.362% | $59K | $584K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7723 | −0.116% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7730 | −0.026% | $88 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7770 | +0.491% | $256K | $157K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7718 | −0.186% | $80K | $637K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7735 | +0.039% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7771 | +0.502% | $17K | — | 100x | as long as short |
| BloFin APT-USDTshort | +0.0220% | 8h | 0.7744 | +0.155% | $1.4M | $767K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0344% | 1h | 0.7787 | +0.711% | $223K | $298K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0505% | 1h | 0.7744 | +0.160% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0720% | 1h | 0.7744 | +0.154% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3600% | 1h | 0.7829 | +1.255% | $2K | — | 5x | as long as short |
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD