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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Backpack−0.158%48s7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.146%−$15 on $10k
Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.158%, 7d avg −0.125%
Together, before fees+0.060%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% cheaper against Backpack than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.125%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.78320.0100pay 0.0013% / 1h18m 16s$199K$362K20x
ShortExtended APT-USD0.78200.0104get 0.0013% / 1h18m 16s$84K$479K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.158% → −0.125%
−$3.25
Slippage, 4 orders
−$24.9
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.31
Costs to cover
0.399%
Break-even
359.6 days
Slippage from Backpack: live order book, 5 min ago; Extended: live order book, 4 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 Backpack live order book, 5 min ago0.64 bp7.7 bp −$830.0 bp −$300doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago1.92 bp12.0 bp −$12127.8 bp −$1,278doesn'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−0.0528%1h0.7816−0.204%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0362%1h0.7822−0.128%$537K$617K50xas long as short
Variational Omni APT−0.0093%8h0.7840+0.097%$616K$224Kas long as short
Orderly PERP_APT_USDC−0.0016%8h0.7821−0.140%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.664%$2K$200K12xas long as short
Deribit APT_USDC-PERPETUAL−0.0006%1h0.7823−0.115%$7K$382K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7822−0.125%$22K150xas long as short
Lighter APT+0.0096%1h0.7811−0.268%$428K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7830−0.026%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7822−0.130%$305K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7821−0.141%$28.9M$96.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7821−0.140%$29.1M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7822−0.128%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7819−0.166%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7819−0.166%$27.8M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7819−0.166%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7817−0.192%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7819−0.166%$25.6Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7832long leg$199K$362K20x
ApeX Omni APTUSDT+0.0100%1h0.7840+0.102%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7809−0.294%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7823−0.115%$56$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7843+0.140%$264K$137K50xas long as short
Extended APT-USDshort+0.0104%1h0.7820−0.158%$84K$479K25x
Aevo APT-PERP+0.0104%1h0.7825−0.089%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7824−0.100%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7838+0.077%$1.5M$777K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7834+0.026%$211K$546K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7822−0.126%$3K20xas long as short
dYdX APT-USD+0.0744%1h0.7819−0.169%$55K$5K10xas long as short