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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h −0.330%
Price spread now: Injective against Aster−0.829%97s7-day average −0.269% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1531.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.383%−$38 on $10k
Price spread, last 3 days (all we have)+1.599%+$160 · spread now −0.829%, 7d avg −0.269%
Together, before fees+1.216%+ Points / potential airdropAster: Stage 5 · farm board+$122 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 0.559% cheaper against Aster than usual: you would sell low and buy high (−$56 if the spread goes back to its 7-day average of −0.269%). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APTUSDT0.78450.0100pay 0.0100% / 8h1h 41m$305K$464K20x
ShortInjective APT/USDC PERP0.7780−0.0033pay 0.0004% / 1h41m 45s$2K$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$27.87
Price spread: −0.829% → −0.269%
−$55.92
Slippage, 4 orders
−$144.51
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$236.32
Costs to cover
1.525%
Break-even
never at this rate
Slippage from Aster: live order book, 41 min ago; Injective: live order book, 42 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, 41 min ago4.46 bp28.3 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Injective live order book, 42 min ago51.09 bp51.1 bp −$51doesn'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−0.0568%1h0.7840−0.064%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0423%1h0.7842−0.041%$535K$627K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0132%1h0.78450.000%$7K$372K50xas long as short
Variational Omni APT−0.0083%8h0.7793−0.666%$611K$224Kas long as short
Injective APT/USDC PERPshort−0.0033%1h0.7780−0.829%$2K$241K12x
Orderly PERP_APT_USDC−0.0022%8h0.7843−0.025%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7845−0.003%$22K150xas long as short
Lighter APT+0.0096%1h0.7839−0.076%$430K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7849+0.051%$5.9M$5.1M10xas long as short
Aster APTUSDTlong+0.0100%8h0.7845long leg$305K$464K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7843−0.032%$28.9M$97.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7837−0.102%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7843−0.025%$6.2M$23.4M50xas long as short
Gate APT_USDT+0.0100%8h0.7841−0.051%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7837−0.102%$28.0M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7835−0.127%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7836−0.115%$8.9M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7837−0.102%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7843−0.025%$200K$361K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7820−0.319%$65K$567K50xas long as short
SunX APT-USDT+0.0100%8h0.7832−0.166%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7842−0.038%$59$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7813−0.408%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7834−0.142%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7842−0.034%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7845−0.004%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7839−0.076%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7854+0.115%$208K$555K50xas long as short
Reya APTRUSDPERP+0.0466%1h0.7843−0.022%$3K20xas long as short
dYdX APT-USD+0.0618%1h0.7844−0.013%$55K$5K10xas long as short