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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.067%
Price spread now: Coinbase International against ApeX Omni+0.338%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.315%+$31 on $10k
Price spread, last 3 days (all we have)+2.929%+$293 · spread now +0.338%, 7d avg +0.129%
Together, before fees+3.244%+$324 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.209% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni APTUSDT0.77000.0100pay 0.0013% / 1h54m 37s$64K$574K50x
ShortCoinbase International APT-PERP-INTX0.77260.0280get 0.0035% / 1h54m 37s$208K$536K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$37.8
Price spread: +0.338% → +0.129%
$20.88
Slippage, 4 orders
−$107.19
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$68.51
Costs to cover
1.272%
Break-even
19.7 days
Slippage from ApeX Omni: live order book, 33 min ago; Coinbase International: live order book, 33 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 ApeX Omni live order book, 33 min ago12.89 bp22.4 bp −$22158.2 bp −$1,582doesn't fitdoesn't fit
Sell Coinbase International live order book, 33 min ago11.58 bp33.0 bp −$33doesn't fitdoesn'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
Kraken Futures PF_APTUSD−0.0366%1h0.7724+0.311%$535K$607K50xas long as short
01 Exchange APTUSD−0.0312%1h0.7697−0.039%$2K5xas long as short
Variational Omni APT−0.0122%8h0.7702+0.032%$603K$223Kas long as short
Orderly PERP_APT_USDC−0.0020%8h0.7724+0.312%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.649%$2K$169K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7725+0.327%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7728+0.364%$15K$328K50xas long as short
Backpack APT_USDC_PERP+0.0029%1h0.7726+0.338%$196K$369K20xas long as short
Bybit APTUSDT+0.0051%8h0.7701+0.013%$28.7M$35.5M50xas long as short
Lighter APT+0.0096%1h0.7711+0.143%$423K$343K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid APT+0.0100%1h0.7721+0.273%$5.8M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7719+0.244%$300K$456K20xas long as short
Binance APTUSDT+0.0100%8h0.7711+0.146%$28.5M$96.2M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7693−0.091%$6.1M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7697−0.039%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7708+0.104%$27.7M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7710+0.130%$5.5M$11.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7687−0.169%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7694−0.078%$27.4Mas long as short
ApeX Omni APTUSDTlong+0.0100%1h0.7700long leg$64K$574K50x
SunX APT-USDT+0.0100%8h0.7707+0.091%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7725+0.325%$60$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7705+0.065%$260K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7686−0.185%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7725+0.325%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7725+0.319%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7720+0.260%$1.5M$764K75xas long as short
Coinbase International APT-PERP-INTXshort+0.0280%1h0.7726+0.338%$208K$536K50x
dYdX APT-USD+0.0428%1h0.7711+0.143%$54K$5K10xas long as short
Reya APTRUSDPERP+0.0462%1h0.7721+0.279%$3K20xas long as short