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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Backpack against Aevo+0.083%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.083% dearer against Aevo than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo APT-PERP0.76840.0104pay 0.0013% / 1h32m 28s$28K$5K3x
ShortBackpack APT_USDC_PERP0.76900.0100get 0.0013% / 1h32m 28s$190K$381K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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: +0.083% → 0.000%
$8.25
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$18.59
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 26 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Backpack live order book, 26 min ago1.96 bp8.9 bp −$932.4 bp −$324doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7675−0.113%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7680−0.048%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.254%$2K$240K12xas long as short
Variational Omni APT+0.0042%8h0.7620−0.826%$509K$415Kas long as short
Lighter APT+0.0096%1h0.7688+0.056%$411K$421K10xas long as short
Hyperliquid APT+0.0100%1h0.7695+0.148%$5.3M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7682−0.024%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7689+0.069%$28.2M$106.5M75xas long as short
Bybit APTUSDT+0.0100%8h0.7688+0.056%$27.5M$39.0M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7692+0.109%$5.7M$24.8M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7683−0.009%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7691+0.096%$28.9M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7689+0.069%$5.1M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7688+0.056%$8.6M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7681−0.035%$26.0Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7690+0.083%$190K$381K20x
ApeX Omni APTUSDT+0.0100%1h0.7650−0.438%$61K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7652−0.412%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7683−0.009%$65$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7633−0.659%$258K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7682−0.025%$81K$486K25xas long as short
Aevo APT-PERPlong+0.0104%1h0.7684long leg$28K$5K3x
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7674−0.124%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7681−0.035%$1.4M$947K75xas long as short
Kraken Futures PF_APTUSD+0.0316%1h0.7679−0.058%$531K$639K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7630−0.698%$219K$453K50xas long as short
Reya APTRUSDPERP+0.0485%1h0.7692+0.112%$3K20xas long as short
dYdX APT-USD+0.0592%1h0.7686+0.025%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0661%1h0.7689+0.069%$17K$443K50xas long as short
01 Exchange APTUSD+0.5544%1h0.7769+1.111%$2K5xas long as short