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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7930 | 0.0096 | pay 0.0012% / 1h | 52m 26s | $434K | $353K | 10x |
| Short | Gate APT_USDT | 0.7940 | 0.0100 | get 0.0100% / 8h | 52m 26s | $2.8M | $4.7M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 17 min ago | 2.54 bp | 4.8 bp −$5 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.67 bp | 17.5 bp −$17 | 47.0 bp −$470 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0400% | 1h | 0.7960 | +0.375% | $552K | $639K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0296% | 1h | 0.7932 | +0.025% | $2K | — | 5x | as long as short |
| Variational Omni APT | −0.0061% | 8h | 0.7890 | −0.499% | $618K | $214K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0014% | 8h | 0.7950 | +0.252% | $10K | $8K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7951 | +0.259% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7954 | +0.303% | $14K | $421K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −1.892% | $2K | $241K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7930 | long leg | $434K | $353K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7947 | +0.214% | $6.1M | $5.4M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7940 | +0.122% | $309K | $465K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7950 | +0.250% | $29.6M | $98.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7951 | +0.265% | $29.9M | $36.2M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7950 | +0.252% | $6.2M | $24.3M | 50x | as long as short |
| Gate APT_USDTshort | +0.0100% | 8h | 0.7940 | +0.126% | $2.8M | $4.7M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7939 | +0.113% | $28.8M | $14.6M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7935 | +0.063% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7952 | +0.277% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7950 | +0.252% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7949 | +0.240% | $199K | $370K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7890 | −0.504% | $66K | $569K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7942 | +0.151% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7953 | +0.290% | $71 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7936 | +0.076% | $268K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7949 | +0.242% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7950 | +0.250% | $25K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7954 | +0.297% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7942 | +0.151% | $1.5M | $807K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.7960 | +0.378% | $210K | $569K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0469% | 1h | 0.7941 | +0.143% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1159% | 1h | 0.7930 | −0.001% | $56K | $5K | 10x | as long as short |
Lighter APT
Gate APT_USDT
Kraken Futures PF_APTUSD
01 Exchange APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX