Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: KuCoin against Lighter+0.078%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.078%, 7d avg +0.012%
=Together, before fees−0.152%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: KuCoin is 0.066% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7652 | 0.0096 | pay 0.0012% / 1h | 29m 50s | $408K | $422K | 10x |
| Short | KuCoin APTUSDTM | 0.7658 | 0.0100 | get 0.0100% / 8h | 1h 29m | $4.9M | $11.9M | 50x |
Lighter APT
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.078% → +0.012%
- $6.61
- Slippage, 4 orders
- −$69.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.28
- Costs to cover
- 0.817%
- Break-even
- 626.0 days
Slippage from Lighter: live order book, 5 min ago; KuCoin: live order book, 9 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, 5 min ago | 5.22 bp | 5.2 bp −$5 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 4.56 bp | 42.1 bp −$42 | 80.2 bp −$802 | 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 | −0.0228% | 1h | 0.7658 | +0.080% | $524K | $636K | 50x | as long as short |
| Variational Omni APT | −0.0021% | 8h | 0.7649 | −0.037% | $490K | $427K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7657 | +0.067% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7655 | +0.039% | $2K | $572K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0025% | 8h | 0.7657 | +0.065% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.673% | $2K | $240K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7652 | long leg | $408K | $422K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7660 | +0.105% | $4.8M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7652 | +0.006% | $91K | $918K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7656 | +0.053% | $27.8M | $105.4M | 75x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7653 | +0.013% | $27.1M | $40.4M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7655 | +0.039% | $5.7M | $25.1M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7653 | +0.013% | $2.6M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7658 | +0.078% | $30.6M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7658 | +0.078% | $4.9M | $11.9M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7658 | +0.078% | $8.7M | $13.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7654 | +0.026% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7659 | +0.091% | $172K | $324K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | +0.235% | $62K | $583K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7637 | −0.196% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7654 | +0.026% | $97 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7658 | +0.078% | $251K | $185K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7653 | +0.018% | $83K | $553K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7652 | +0.004% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7660 | +0.103% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7652 | 0.000% | $1.4M | $845K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7699 | +0.614% | $224K | $439K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0496% | 1h | 0.7650 | −0.021% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0854% | 1h | 0.7655 | +0.036% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5480% | 1h | 0.7784 | +1.725% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
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]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD