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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h 0.000%
Price spread now: Backpack against Aster+0.009%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.009%, 7d avg +0.019%
Together, before fees+0.008%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APTUSDT0.80060.0100pay 0.0100% / 8h16m 42s$308K$479K20x
ShortBackpack APT_USDC_PERP0.80070.0144get 0.0018% / 1h16m 42s$202K$369K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aster. 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
$9.29
Price spread: +0.009% → +0.019%
−$0.97
Slippage, 4 orders
−$55.93
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$65.6
Costs to cover
0.739%
Break-even
56.4 days
Slippage from Aster: live order book, 61 min ago; Backpack: live order book, 62 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 Aster live order book, 61 min ago4.45 bp39.5 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 62 min ago0.64 bp6.4 bp −$629.2 bp −$292doesn'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−0.0397%1h0.8009+0.037%$554K$641K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0125%1h0.8000−0.078%$14K$415K50xas long as short
Variational Omni APT−0.0035%8h0.8058+0.651%$525K$320Kas long as short
Orderly PERP_APT_USDC−0.0010%8h0.7998−0.103%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.8004−0.034%$21K150xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−2.826%$2K$241K12xas long as short
Lighter APT+0.0096%1h0.7998−0.103%$430K$390K10xas long as short
Aster APTUSDTlong+0.0100%8h0.8006long leg$308K$479K20x
Binance APTUSDT+0.0100%8h0.7999−0.085%$30.4M$100.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7999−0.091%$29.8M$37.0M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7992−0.178%$6.4M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7995−0.141%$2.8M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.8000−0.078%$29.1M$14.9M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7998−0.103%$5.6M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7990−0.203%$9.0M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7995−0.141%$25.4Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.8020+0.171%$66K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7983−0.291%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.8000−0.078%$59$6K5xas long as short
HTX APT-USDT+0.0100%8h0.8014+0.096%$270K$140K50xas long as short
Extended APT-USD+0.0104%1h0.7988−0.232%$86K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.8000−0.078%$25K3xas long as short
Backpack APT_USDC_PERPshort+0.0144%1h0.8007+0.009%$202K$369K20x
Hyperliquid APT+0.0153%1h0.8015+0.109%$6.3M$5.6M10xas long as short
GMX APT/USD [ETH-USDC]L +0.0191% / S −0.0143%1h0.8001−0.066%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7996−0.128%$1.5M$831K75xas long as short
Coinbase International APT-PERP-INTX+0.0240%1h0.8083+0.958%$215K$585K50xas long as short
Reya APTRUSDPERP+0.0471%1h0.7997−0.119%$3K20xas long as short
dYdX APT-USD+0.0795%1h0.8009+0.031%$56K$6K10xas long as short
01 Exchange APTUSD+0.1736%1h0.8051+0.559%$2K5xas long as short