APT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0462%/8h= +50.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.246%

Price spread now: dYdX against Backpack−0.030%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.760%+$76 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. dYdX is 0.030% cheaper against Backpack than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack APT_USDC_PERP	0.7691	0.0100	pay 0.0013% / 1h	55m 09s	$195K	$378K	20x
Short	dYdX APT-USD	0.7689	0.0562	get 0.0070% / 1h	55m 09s	$54K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $97.02
Price spread: −0.030% → 0.000%: −$3
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $74.02
Costs to cover: 0.200%
Break-even: 1.7 days

Slippage unknown: Backpack: live order book, 3 min ago; dYdX: 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 Backpack live order book, 3 min ago	1.96 bp	9.3 bp −$9	38.9 bp −$389	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7689	−0.026%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7690	−0.013%	$17K	$428K	50x	as long as short
Orderly PERP_APT_USDC	+0.0013%	8h	0.7687	−0.052%	$10K	$7K	10x	as long as short
Variational Omni APT	+0.0033%	8h	0.7688	−0.036%	$513K	$415K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+1.157%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7686	−0.065%	$411K	$419K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7692	+0.013%	$5.3M	$6.2M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7690	−0.017%	$100K	$958K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7692	+0.012%	$28.1M	$105.7M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7690	−0.013%	$27.6M	$38.4M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7693	+0.026%	$5.7M	$24.7M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7689	−0.026%	$2.6M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7688	−0.039%	$28.9M	$15.2M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7689	−0.026%	$5.1M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7688	−0.039%	$8.6M	$12.7M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7686	−0.065%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERPlong	+0.0100%	1h	0.7691	long leg	$195K	$378K	20x
ApeX Omni APTUSDT	+0.0100%	1h	0.7670	−0.273%	$62K	$581K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7678	−0.169%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7689	−0.026%	$55	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7699	+0.104%	$260K	$118K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7684	−0.090%	$83K	$483K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7689	−0.028%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7685	−0.073%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7694	+0.039%	$1.4M	$947K	75x	as long as short
Kraken Futures PF_APTUSD	+0.0315%	1h	0.7689	−0.027%	$532K	$637K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0328%	1h	0.7698	+0.091%	$222K	$494K	50x	as long as short
Reya APTRUSDPERP	+0.0483%	1h	0.7686	−0.064%	$3K	—	20x	as long as short
dYdX APT-USDshort	+0.0562%	1h	0.7689	−0.030%	$54K	$6K	10x
01 Exchange APTUSD	+0.4752%	1h	0.7785	+1.222%	$2K	—	5x	as long as short