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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h −0.092%
Price spread now: Kraken Futures against ApeX Omni+0.606%75s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1011.008% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now +0.606%, 7d avg +0.010%
Together, before fees+0.203%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.596% dearer against ApeX Omni than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni APTUSDT0.75500.0100pay 0.0013% / 1h20m 11s$60K$580K50x
ShortKraken Futures PF_APTUSD0.75960.0218get 0.0027% / 1h20m 11s$527K$626K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$24.78
Price spread: +0.606% → +0.010%
$59.6
Slippage, 4 orders
−$80.79
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$16.41
Costs to cover
1.008%
Break-even
11.6 days
Slippage from ApeX Omni: live order book, 27 min ago; Kraken Futures: live order book, 28 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, 27 min ago19.75 bp31.1 bp −$31193.2 bp −$1,932doesn't fitdoesn't fit
Sell Kraken Futures live order book, 28 min ago6.57 bp21.3 bp −$2187.2 bp −$872doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7609+0.782%$20K150xas long as short
Variational Omni APT+0.0007%8h0.7580+0.400%$506K$413Kas long as short
Orderly PERP_APT_USDC+0.0020%8h0.7607+0.755%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+3.046%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7605+0.728%$405K$428K10xas long as short
Hyperliquid APT+0.0100%1h0.7609+0.781%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7610+0.794%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7610+0.800%$27.6M$107.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7606+0.742%$27.1M$41.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7606+0.742%$5.7M$25.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7608+0.768%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7610+0.795%$30.0M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7609+0.781%$4.9M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7611+0.808%$8.5M$13.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7608+0.768%$26.3Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7591+0.543%$188K$359K20xas long as short
ApeX Omni APTUSDTlong+0.0100%1h0.7550long leg$60K$580K50x
SunX APT-USDT+0.0100%8h0.7600+0.662%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7607+0.755%$84$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7609+0.781%$250K$153K50xas long as short
Extended APT-USD+0.0104%1h0.7605+0.730%$80K$581K25xas long as short
Aevo APT-PERP+0.0104%1h0.7607+0.752%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7605+0.728%$16K100xas long as short
Kraken Futures PF_APTUSDshort+0.0218%1h0.7596+0.606%$527K$626K50x
BloFin APT-USDT+0.0220%8h0.7583+0.437%$1.4M$970K75xas long as short
Deribit APT_USDC-PERPETUAL+0.0276%1h0.7612+0.821%$12K$571K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7620+0.927%$219K$460K50xas long as short
Reya APTRUSDPERP+0.0493%1h0.7606+0.746%$3K20xas long as short
dYdX APT-USD+0.0862%1h0.7614+0.843%$53K$6K10xas long as short
01 Exchange APTUSD+0.7032%1h0.7750+2.649%$2K5xas long as short