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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Gate against Lighter+0.126%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$540.539% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.126%, 7d avg +0.010%
Together, before fees−0.248%+ Points / potential airdropLighter: Season 3 · farm board−$25 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: Gate is 0.116% dearer against Lighter than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.79300.0096pay 0.0012% / 1h52m 26s$434K$353K10x
ShortGate APT_USDT0.79400.0100get 0.0100% / 8h52m 26s$2.8M$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.126% → +0.010%
$11.65
Slippage, 4 orders
−$38.93
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$41.44
Costs to cover
0.539%
Break-even
352.3 days
Slippage from Lighter: live order book, 17 min ago; Gate: live order book, 1 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, 17 min ago2.54 bp4.8 bp −$546.3 bp −$463doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago5.67 bp17.5 bp −$1747.0 bp −$470doesn'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
Kraken Futures PF_APTUSD−0.0400%1h0.7960+0.375%$552K$639K50xas long as short
01 Exchange APTUSD−0.0296%1h0.7932+0.025%$2K5xas long as short
Variational Omni APT−0.0061%8h0.7890−0.499%$618K$214Kas long as short
Orderly PERP_APT_USDC−0.0014%8h0.7950+0.252%$10K$8K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7951+0.259%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7954+0.303%$14K$421K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−1.892%$2K$241K12xas long as short
Lighter APTlong+0.0096%1h0.7930long leg$434K$353K10x
Hyperliquid APT+0.0100%1h0.7947+0.214%$6.1M$5.4M10xas long as short
Aster APTUSDT+0.0100%8h0.7940+0.122%$309K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7950+0.250%$29.6M$98.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7951+0.265%$29.9M$36.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7950+0.252%$6.2M$24.3M50xas long as short
Gate APT_USDTshort+0.0100%8h0.7940+0.126%$2.8M$4.7M75x
MEXC APT_USDT+0.0100%8h0.7939+0.113%$28.8M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7935+0.063%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7952+0.277%$9.0M$12.6M75xas long as short
BingX APT-USDC+0.0100%8h0.7950+0.252%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7949+0.240%$199K$370K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7890−0.504%$66K$569K50xas long as short
SunX APT-USDT+0.0100%8h0.7942+0.151%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7953+0.290%$71$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7936+0.076%$268K$139K50xas long as short
Extended APT-USD+0.0104%1h0.7949+0.242%$85K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7950+0.250%$25K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7954+0.297%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7942+0.151%$1.5M$807K75xas long as short
Coinbase International APT-PERP-INTX+0.0240%1h0.7960+0.378%$210K$569K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7941+0.143%$3K20xas long as short
dYdX APT-USD+0.1159%1h0.7930−0.001%$56K$5K10xas long as short