Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h −0.086%

Price spread now: Variational Omni against Aevo+0.293%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.293% dearer against Aevo than usual: you sell high and buy low (spread +0.293% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo APT-PERP	0.7970	0.0104	pay 0.0013% / 1h	12m 03s	$25K	—	3x
Short	Variational Omni APT	0.7993	−0.0038	pay 0.0038% / 8h	12m 03s	$523K	$322K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.293%Rate

Funding earned: −$29.75
Price spread: +0.293% → 0.000%: $29.29
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$16.47
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Variational Omni RFQ quote, 2 min ago	4.37 bp	doesn't fit	14.4 bp −$144	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_APTUSD	−0.0399%	1h	0.7979	+0.119%	$552K	$642K	50x	as long as short
Variational Omni APTshort	−0.0038%	8h	0.7993	+0.293%	$523K	$322K	—
Orderly PERP_APT_USDC	−0.0011%	8h	0.7968	−0.025%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7975	+0.057%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0001%	1h	0.7970	0.000%	$14K	$415K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	−2.384%	$2K	$241K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7964	−0.075%	$428K	$394K	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7970	0.000%	$308K	$489K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7988	+0.227%	$30.2M	$101.8M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7992	+0.276%	$29.6M	$37.1M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7994	+0.301%	$6.3M	$24.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7967	−0.038%	$2.8M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7989	+0.238%	$29.1M	$15.0M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7966	−0.050%	$5.6M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7982	+0.151%	$9.0M	$12.6M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7987	+0.213%	—	$6.5M	—	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7990	+0.251%	$65K	$571K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7956	−0.176%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7968	−0.025%	$56	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7985	+0.188%	$269K	$140K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7965	−0.057%	$85K	$464K	25x	as long as short
Aevo APT-PERPlong	+0.0104%	1h	0.7970	long leg	$25K	—	3x
Backpack APT_USDC_PERP	+0.0117%	1h	0.7984	+0.176%	$203K	$370K	20x	as long as short
Hyperliquid APT	+0.0134%	1h	0.8000	+0.376%	$6.2M	$5.7M	10x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0191% / S −0.0143%	1h	0.7973	+0.032%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7995	+0.314%	$1.5M	$831K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0240%	1h	0.8012	+0.527%	$212K	$581K	50x	as long as short
Reya APTRUSDPERP	+0.0472%	1h	0.7969	−0.009%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0731%	1h	0.7967	−0.039%	$56K	$6K	10x	as long as short
01 Exchange APTUSD	+0.1768%	1h	0.8037	+0.841%	$2K	—	5x	as long as short