Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: BingX against ApeX Omni−0.810%68s7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$780.783% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.810% cheaper against ApeX Omni than usual: you would sell low and buy high, −$81 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni APTUSDT	0.7780	0.0100	pay 0.0013% / 1h	54m 24s	$63K	$574K	50x
Short	BingX APT-USDC	0.7717	0.0100	get 0.0100% / 8h	6h 54m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.810%Rate

Funding earned: $0
Price spread: −0.810% → 0.000%: −$80.98
Slippage, 4 orders: −$58.28
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$159.26
Costs to cover: 0.783%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; BingX: live order book, 11 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 ApeX Omni live order book, 13 min ago	12.63 bp	24.9 bp −$25	182.0 bp −$1,820	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	1.27 bp	15.6 bp −$16	38.3 bp −$383	262.8 bp −$26.3K	665.2 bp −$332.6K

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
Variational Omni APT	−0.0006%	8h	0.7720	−0.767%	$500K	$331K	—	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7716	−0.818%	$39K	—	150x	as long as short
Orderly PERP_APT_USDC	−0.0004%	8h	0.7729	−0.656%	$10K	$7K	10x	as long as short
dYdX APT-USD	0.0000%	1h	0.7726	−0.696%	$54K	$6K	10x	as long as short
Deribit APT_USDC-PERPETUAL	+0.0009%	1h	0.7727	−0.681%	$12K	$418K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	0.000%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7723	−0.733%	$414K	$405K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7716	−0.823%	$5.6M	$6.0M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7716	−0.819%	$243K	$597K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7716	−0.822%	$28.9M	$105.1M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit APTUSDT	+0.0100%	8h	0.7717	−0.810%	$28.1M	$37.8M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7726	−0.694%	$5.8M	$24.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7715	−0.835%	$2.7M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7709	−0.913%	$27.9M	$15.0M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7708	−0.925%	$5.4M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7729	−0.656%	$8.6M	$12.8M	75x	as long as short
BingX APT-USDCshort	+0.0100%	8h	0.7717	−0.810%	—	$6.5M	—
Backpack APT_USDC_PERP	+0.0100%	1h	0.7716	−0.823%	$194K	$380K	20x	as long as short
ApeX Omni APTUSDTlong	+0.0100%	1h	0.7780	long leg	$63K	$574K	50x
SunX APT-USDT	+0.0100%	8h	0.7728	−0.668%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7740	−0.514%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7745	−0.450%	$260K	$127K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7732	−0.614%	$83K	$489K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7733	−0.601%	$28K	$5K	3x	as long as short
Kraken Futures PF_APTUSD	+0.0138%	1h	0.7751	−0.371%	$528K	$642K	50x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7722	−0.752%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7720	−0.771%	$1.5M	$952K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0272%	1h	0.7729	−0.656%	$203K	$534K	50x	as long as short
Reya APTRUSDPERP	+0.0476%	1h	0.7709	−0.907%	$3K	—	20x	as long as short
01 Exchange APTUSD	+0.3592%	1h	0.7816	+0.463%	$2K	—	5x	as long as short