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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.052%
Price spread now: OKX against Lighter−0.089%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.430% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.089%, 7d avg −0.015%
Together, before fees+0.063%+ Points / potential airdropLighter: Season 3 · farm board+$6 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: OKX is 0.074% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter APT0.78680.0096pay 0.0012% / 1h13m 42s$431K$351K10x
ShortOKX APT-USDT-SWAP0.78610.0100get 0.0100% / 8h1h 13m$6.2M$23.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.089% → −0.015%
−$7.36
Slippage, 4 orders
−$33.03
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.55
Costs to cover
0.430%
Break-even
419.9 days
Slippage from Lighter: live order book, 61 min ago; OKX: live order book, 5 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, 61 min ago3.20 bp5.5 bp −$647.7 bp −$477doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.27 bp14.2 bp −$1452.2 bp −$522doesn'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
01 Exchange APTUSD−0.0456%1h0.7844−0.305%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0422%1h0.7866−0.023%$543K$635K50xas long as short
Variational Omni APT−0.0069%8h0.7851−0.222%$615K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.118%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7867−0.013%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7870+0.019%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.78680.000%$7K$387K50xas long as short
Lighter APTlong+0.0096%1h0.7868long leg$431K$351K10x
Hyperliquid APT+0.0100%1h0.7876+0.102%$5.9M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7877+0.112%$306K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7872+0.053%$29.0M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7859−0.114%$29.4M$35.5M50xas long as short
OKX APT-USDT-SWAPshort+0.0100%8h0.7861−0.089%$6.2M$23.7M50x
Gate APT_USDT+0.0100%8h0.7864−0.051%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7860−0.102%$28.4M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.78680.000%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7862−0.076%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7861−0.089%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7872+0.051%$198K$366K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7850−0.229%$65K$568K50xas long as short
SunX APT-USDT+0.0100%8h0.7854−0.178%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.78680.000%$77$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7865−0.038%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7858−0.122%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7866−0.025%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7866−0.031%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7879+0.140%$1.5M$790K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7885+0.216%$209K$560K50xas long as short
Reya APTRUSDPERP+0.0468%1h0.7867−0.018%$3K20xas long as short
dYdX APT-USD+0.0828%1h0.7869+0.006%$55K$5K10xas long as short