Funding you earn now, next payment 01:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%
Price spread now: gTrade (Gains Network) against Backpack−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.102% cheaper against Backpack than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7855 | 0.0100 | pay 0.0013% / 1h | 44m 32s | $195K | $376K | 20x |
| Short | gTrade (Gains Network) APT/USD | 0.7847 | L −0.0004% / S +0.0005% | pay 0.0001% / 1h | 44m 32s | $21K | — | 150x |
Backpack APT_USDC_PERP
gTrade (Gains Network) APT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.08
- Price spread: −0.102% → 0.000%
- −$10.18
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$52.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 29 min ago; gTrade (Gains Network): 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, 29 min ago | 0.63 bp | 8.2 bp −$8 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0028% | 8h | 0.7839 | −0.200% | $512K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0008% | 8h | 0.7848 | −0.089% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USDshort | L −0.0004% / S +0.0005% | 1h | 0.7847 | −0.102% | $21K | — | 150x | |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7849 | −0.076% | $13K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0003% | 1h | 0.7849 | −0.080% | $55K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −0.955% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7852 | −0.038% | $426K | $400K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7848 | −0.089% | $6.0M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7853 | −0.028% | $295K | $492K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7846 | −0.118% | $29.5M | $103.7M | 75x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7843 | −0.153% | $29.1M | $37.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7837 | −0.229% | $6.0M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7853 | −0.025% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7847 | −0.102% | $28.6M | $15.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7842 | −0.165% | $5.5M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7843 | −0.153% | $8.9M | $12.8M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7844 | −0.140% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPlong | +0.0100% | 1h | 0.7855 | long leg | $195K | $376K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7840 | −0.191% | $64K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7833 | −0.280% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7849 | −0.076% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | −0.153% | $264K | $141K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7845 | −0.132% | $82K | $559K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7849 | −0.072% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7843 | −0.154% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7851 | −0.051% | $1.5M | $819K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0232% | 1h | 0.7850 | −0.064% | $208K | $571K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0473% | 1h | 0.7838 | −0.221% | $3K | — | 20x | as long as short |
| Kraken Futures PF_APTUSD | +0.0479% | 1h | 0.7860 | +0.061% | $539K | $647K | 50x | as long as short |
| 01 Exchange APTUSD | +0.3304% | 1h | 0.7888 | +0.420% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
Kraken Futures PF_APTUSD
01 Exchange APTUSD