Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.018%

Price spread now: Orderly against Aevo+0.053%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.053% dearer against Aevo than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo APT-PERP	0.7900	0.0104	pay 0.0013% / 1h	58m 35s	$24K	—	3x
Short	Orderly PERP_APT_USDC	0.7904	−0.0016	pay 0.0016% / 8h	58m 35s	$10K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee AevobpFee OrderlybpOrdersPrice spread, now +0.053%Rate

Funding earned: −$25.25
Price spread: +0.053% → 0.000%: $5.32
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$41.94
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Orderly: 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 Aevo no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aevo and Orderly: 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	−0.0808%	1h	0.7881	−0.238%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0402%	1h	0.7907	+0.089%	$546K	$635K	50x	as long as short
Variational Omni APT	−0.0063%	8h	0.7887	−0.157%	$619K	$214K	—	as long as short
Orderly PERP_APT_USDCshort	−0.0016%	8h	0.7904	+0.053%	$10K	$7K	10x
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7910	+0.125%	$22K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7906	+0.078%	$7K	$387K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	−1.516%	$2K	$241K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7902	+0.028%	$433K	$351K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7913	+0.167%	$6.1M	$5.3M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7903	+0.035%	$308K	$465K	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	0.7908	+0.098%	$29.3M	$97.9M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7902	+0.028%	$29.6M	$35.6M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7900	+0.003%	$6.3M	$23.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7902	+0.028%	$2.8M	$4.6M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7901	+0.015%	$28.6M	$14.5M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7894	−0.073%	$5.6M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7905	+0.066%	$8.9M	$12.3M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7902	+0.028%	—	$25.2M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7908	+0.104%	$198K	$370K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7890	−0.124%	$66K	$570K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7892	−0.099%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7905	+0.066%	$75	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7900	+0.003%	$267K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7901	+0.018%	$84K	$464K	25x	as long as short
Aevo APT-PERPlong	+0.0104%	1h	0.7900	long leg	$24K	—	3x
GMX APT/USD [ETH-USDC]	L +0.0190% / S −0.0143%	1h	0.7911	+0.143%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7904	+0.053%	$1.5M	$801K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0240%	1h	0.7905	+0.066%	$210K	$562K	50x	as long as short
Reya APTRUSDPERP	+0.0469%	1h	0.7900	+0.009%	$3K	—	20x	as long as short
dYdX APT-USD	+0.1416%	1h	0.7899	−0.010%	$55K	$5K	10x	as long as short