Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: MEXC against Lighter−0.013%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.013%, 7d avg +0.044%
=Together, before fees−0.085%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: MEXC is 0.058% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APT | 0.7631 | 0.0096 | pay 0.0012% / 1h | 25m 59s | $407K | $422K | 10x |
| Short | MEXC APT_USDT | 0.7630 | 0.0100 | get 0.0100% / 8h | 3h 25m | $28.8M | $15.3M | 200x |
Lighter APT
MEXC APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.013% → +0.044%
- −$5.76
- Slippage, 4 orders
- −$24.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.22
- Costs to cover
- 0.243%
- Break-even
- 250.5 days
Slippage from Lighter: live order book, 19 min ago; MEXC: live order book, 3 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, 19 min ago | 1.95 bp | 5.5 bp −$5 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.65 bp | 2.2 bp −$2 | 13.8 bp −$138 | 65.8 bp −$6,580 | 80.6 bp −$40.3K |
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 | 0.7637 | +0.077% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7636 | +0.066% | $7K | $535K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7634 | +0.039% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0021% | 8h | 0.7630 | −0.012% | $509K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.953% | $2K | $240K | 12x | as long as short |
| Lighter APTlong | +0.0096% | 1h | 0.7631 | long leg | $407K | $422K | 10x | |
| Hyperliquid APT | +0.0100% | 1h | 0.7634 | +0.039% | $5.2M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7632 | +0.010% | $97K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7632 | +0.010% | $27.7M | $106.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7626 | −0.066% | $27.1M | $40.2M | 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 | 0.7632 | +0.013% | $5.7M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7629 | −0.026% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7630 | −0.013% | $28.8M | $15.3M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7631 | 0.000% | $5.0M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7632 | +0.013% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7628 | −0.039% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7635 | +0.052% | $176K | $383K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | +0.773% | $61K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7619 | −0.157% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7632 | +0.013% | $74 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7644 | +0.170% | $249K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7629 | −0.032% | $79K | $428K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7631 | +0.002% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7633 | +0.032% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7635 | +0.052% | $1.4M | $949K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0251% | 1h | 0.7635 | +0.046% | $530K | $638K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7638 | +0.092% | $220K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0489% | 1h | 0.7628 | −0.037% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0628% | 1h | 0.7634 | +0.033% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5000% | 1h | 0.7774 | +1.874% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate 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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD