Funding you earn now, next payment 23:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: GMX against Lighter+0.099%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.099% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7842 | 0.0096 | pay 0.0012% / 1h | 18m 33s | $430K | $350K | 10x |
| Short | GMX APT/USD [ETH-USDC] | 0.7850 | L +0.0190% / S −0.0143% | get 0.0018% / 1h | 18m 33s | $17K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $9.85
- Price spread: +0.099% → 0.000%
- $9.9
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $7.74
- Costs to cover
- 0.120%
- Break-even
- 1.5 days
Slippage unknown: Lighter: live order book, 56 min ago; GMX: no order-book sample. Net counts fees only.
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, 56 min ago | 3.20 bp | 5.5 bp −$6 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0424% | 1h | 0.7838 | −0.051% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7845 | +0.043% | $542K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0070% | 8h | 0.7849 | +0.083% | $615K | $214K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.791% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7845 | +0.038% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7850 | +0.097% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7845 | +0.038% | $7K | $386K | 50x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7842 | long leg | $430K | $350K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7855 | +0.166% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7853 | +0.134% | $305K | $464K | 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 | 0.7848 | +0.081% | $28.9M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7845 | +0.038% | $29.3M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7848 | +0.077% | $6.2M | $23.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7845 | +0.038% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7848 | +0.077% | $28.3M | $14.6M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7845 | +0.038% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7843 | +0.013% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7846 | +0.051% | — | $25.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7849 | +0.089% | $198K | $366K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7850 | +0.102% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7832 | −0.128% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7843 | +0.013% | $76 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7848 | +0.077% | $265K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7845 | +0.035% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7845 | +0.033% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0190% / S −0.0143% | 1h | 0.7850 | +0.099% | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7849 | +0.089% | $1.5M | $787K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7870 | +0.357% | $209K | $559K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0468% | 1h | 0.7847 | +0.068% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0783% | 1h | 0.7850 | +0.103% | $55K | $5K | 10x | as long as short |
Lighter APT
GMX APT/USD [ETH-USDC]
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
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
BloFin APT-USDT
Coinbase International APT-PERP-INTX