Funding you earn now, next payment 05:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.063%
Price spread now: Coinbase International against Lighter+0.184%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)+1.102%+$110 · spread now +0.184%, 7d avg +0.203%
=Together, before fees+1.516%+ Points / potential airdropLighter: Season 3 · farm board+$152 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.203%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7606 | 0.0096 | pay 0.0012% / 1h | 52m 30s | $406K | $425K | 10x |
| Short | Coinbase International APT-PERP-INTX | 0.7620 | 0.0320 | get 0.0040% / 1h | 52m 30s | $219K | $459K | 50x |
Lighter APT
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $47.04
- Price spread: +0.184% → +0.203%
- −$1.89
- Slippage, 4 orders
- −$50.89
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.74
- Costs to cover
- 0.609%
- Break-even
- 9.3 days
Slippage from Lighter: live order book, 52 min ago; Coinbase International: live order book, 61 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, 52 min ago | 1.95 bp | 5.5 bp −$5 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 61 min ago | 6.48 bp | 24.5 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7602 | −0.051% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7601 | −0.066% | $6K | $556K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7601 | −0.066% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0017% | 8h | 0.7608 | +0.029% | $508K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.288% | $2K | $240K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7606 | long leg | $406K | $425K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7608 | +0.026% | $4.9M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7605 | −0.013% | $93K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7615 | +0.118% | $27.5M | $107.1M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7611 | +0.066% | $27.2M | $40.8M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7613 | +0.092% | $5.6M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7611 | +0.066% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7613 | +0.092% | $29.8M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7597 | −0.118% | $4.9M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7612 | +0.079% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7612 | +0.079% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7608 | +0.026% | $188K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7630 | +0.316% | $61K | $579K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7585 | −0.276% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7600 | −0.079% | $92 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7589 | −0.224% | $248K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7611 | +0.072% | $78K | $583K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7600 | −0.079% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7604 | −0.025% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0218% | 1h | 0.7602 | −0.047% | $528K | $626K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7597 | −0.118% | $1.4M | $970K | 75x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0320% | 1h | 0.7620 | +0.184% | $219K | $459K | 50x | |
| dYdX APT-USD | +0.0440% | 1h | 0.7612 | +0.075% | $53K | $6K | 10x | as long as short |
| Reya APTRUSDPERP | +0.0491% | 1h | 0.7602 | −0.058% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.6640% | 1h | 0.7754 | +1.946% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
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]
Kraken Futures PF_APTUSD
BloFin APT-USDT
dYdX APT-USD
Reya APTRUSDPERP
01 Exchange APTUSD