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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0109%/8h= −11.9% APRnext payment $0.14 per $10,000 · paid last 24h −0.057%
Price spread now: Deribit against ApeX Omni+0.130%74s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 3 days (all we have)+2.739%+$274 · spread now +0.130%, 7d avg +0.017%
Together, before fees+2.505%+$251 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.113% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.017%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni APTUSDT0.77000.0100pay 0.0013% / 1h51m 35s$64K$574K50x
ShortDeribit APT_USDC-PERPETUAL0.7710−0.0009pay 0.0001% / 1h51m 35s$16K$330K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$22.89
Price spread: +0.130% → +0.017%
$11.28
Slippage, 4 orders
−$60.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$89.52
Costs to cover
0.779%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; Deribit: live order book, 37 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, 36 min ago12.89 bp22.4 bp −$22158.2 bp −$1,582doesn't fitdoesn't fit
Sell Deribit live order book, 37 min ago12.23 bp15.7 bp −$16doesn'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
01 Exchange APTUSD−0.0488%1h0.7692−0.104%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0367%1h0.7708+0.109%$533K$608K50xas long as short
Variational Omni APT−0.0122%8h0.7702+0.032%$603K$223Kas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7709+0.117%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.649%$2K$169K12xas long as short
Deribit APT_USDC-PERPETUALshort−0.0009%1h0.7710+0.130%$16K$330K50x
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7711+0.149%$21K150xas long as short
Bybit APTUSDT+0.0050%8h0.7698−0.026%$28.7M$35.5M50xas long as short
Lighter APT+0.0096%1h0.7698−0.026%$422K$343K10xas long as short
Hyperliquid APT+0.0100%1h0.7710+0.130%$5.8M$5.1M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APTUSDT+0.0100%8h0.7716+0.211%$300K$451K20xas long as short
Binance APTUSDT+0.0100%8h0.7702+0.025%$28.4M$96.1M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7696−0.052%$6.1M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7703+0.039%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7702+0.026%$27.6M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7701+0.013%$5.5M$12.0M50xas long as short
Bitget APTUSDT+0.0100%8h0.77000.000%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7702+0.026%$27.4Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7712+0.156%$195K$369K20xas long as short
ApeX Omni APTUSDTlong+0.0100%1h0.7700long leg$64K$574K50x
SunX APT-USDT+0.0100%8h0.7697−0.039%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7709+0.117%$58$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7705+0.065%$260K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7695−0.061%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7714+0.181%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7713+0.175%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7720+0.260%$1.5M$764K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7726+0.338%$208K$536K50xas long as short
dYdX APT-USD+0.0446%1h0.7707+0.091%$54K$5K10xas long as short
Reya APTRUSDPERP+0.0462%1h0.7708+0.097%$3K20xas long as short