Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h −0.017%

Price spread now: Orderly against ApeX Omni+0.312%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.312% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.312% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni APTUSDT	0.7700	0.0100	pay 0.0013% / 1h	52m 48s	$64K	$574K	50x
Short	Orderly PERP_APT_USDC	0.7724	−0.0020	pay 0.0020% / 8h	2h 52m	$10K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.312%Rate

Funding earned: −$25.09
Price spread: +0.312% → 0.000%: $31.17
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$9.93
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 35 min ago; Orderly: no order-book sample. 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 ApeX Omni live order book, 35 min ago	12.89 bp	22.4 bp −$22	158.2 bp −$1,582	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
01 Exchange APTUSD	−0.0440%	1h	0.7700	0.000%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0366%	1h	0.7721	+0.279%	$534K	$608K	50x	as long as short
Variational Omni APT	−0.0122%	8h	0.7702	+0.032%	$603K	$223K	—	as long as short
Orderly PERP_APT_USDCshort	−0.0020%	8h	0.7724	+0.312%	$10K	$7K	10x
Injective APT/USDC PERP	−0.0016%	1h	0.7650	−0.649%	$2K	$169K	12x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0009%	1h	0.7723	+0.299%	$16K	$330K	50x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7721	+0.278%	$21K	—	150x	as long as short
Bybit APTUSDT	+0.0056%	8h	0.7706	+0.078%	$28.7M	$35.5M	50x	as long as short
Lighter APT	+0.0096%	1h	0.7709	+0.117%	$423K	$343K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7721	+0.273%	$5.8M	$5.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster APTUSDT	+0.0100%	8h	0.7718	+0.232%	$300K	$451K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7710	+0.130%	$28.5M	$96.1M	75x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7708	+0.104%	$6.1M	$22.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7712	+0.156%	$2.7M	$4.6M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7720	+0.260%	$27.7M	$14.4M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7715	+0.195%	$5.5M	$12.0M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7712	+0.156%	$9.0M	$12.2M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7714	+0.182%	—	$27.4M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7723	+0.299%	$195K	$369K	20x	as long as short
ApeX Omni APTUSDTlong	+0.0100%	1h	0.7700	long leg	$64K	$574K	50x
SunX APT-USDT	+0.0100%	8h	0.7706	+0.078%	$5K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7719	+0.247%	$58	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7705	+0.065%	$260K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7713	+0.175%	$82K	$479K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7726	+0.334%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7723	+0.302%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7720	+0.260%	$1.5M	$764K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0280%	1h	0.7726	+0.338%	$208K	$536K	50x	as long as short
dYdX APT-USD	+0.0436%	1h	0.7716	+0.208%	$54K	$5K	10x	as long as short
Reya APTRUSDPERP	+0.0462%	1h	0.7720	+0.260%	$3K	—	20x	as long as short