Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: GMX against Backpack−0.011%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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7992 | 0.0137 | pay 0.0017% / 1h | 16m 08s | $201K | $369K | 20x |
| Short | GMX APT/USD [ETH-USDC] | 0.7991 | L +0.0191% / S −0.0143% | get 0.0018% / 1h | 16m 08s | $17K | — | 100x |
Backpack APT_USDC_PERP
GMX APT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $1.28
- Price spread: −0.011% → 0.000%
- −$1.06
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$21.78
- Costs to cover
- 0.220%
- Break-even
- 125.8 days
Slippage unknown: Backpack: live order book, 62 min ago; GMX: 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, 62 min ago | 0.64 bp | 8.6 bp −$9 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0398% | 1h | 0.7994 | +0.029% | $553K | $641K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0375% | 1h | 0.7992 | 0.000% | $14K | $415K | 50x | as long as short |
| Variational Omni APT | −0.0038% | 8h | 0.7993 | +0.017% | $523K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0011% | 8h | 0.7990 | −0.025% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7993 | +0.013% | $21K | — | 150x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.653% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7987 | −0.063% | $428K | $392K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7993 | +0.012% | $308K | $479K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7982 | −0.125% | $30.3M | $101.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7979 | −0.163% | $29.7M | $37.0M | 50x | as long as short |
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7983 | −0.113% | $6.3M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7985 | −0.088% | $2.8M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7988 | −0.050% | $29.1M | $14.9M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7983 | −0.113% | $5.6M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7987 | −0.063% | $9.0M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7985 | −0.088% | — | $25.9M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.8020 | +0.350% | $66K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7982 | −0.125% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7987 | −0.063% | $59 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.8014 | +0.275% | $270K | $140K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7983 | −0.110% | $86K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7992 | +0.005% | $25K | — | 3x | as long as short |
| Backpack APT_USDC_PERPlong | +0.0137% | 1h | 0.7992 | long leg | $201K | $369K | 20x | |
| Hyperliquid APT | +0.0148% | 1h | 0.7999 | +0.088% | $6.2M | $5.7M | 10x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0191% / S −0.0143% | 1h | 0.7991 | −0.011% | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7996 | +0.050% | $1.5M | $831K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8083 | +1.139% | $215K | $585K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0471% | 1h | 0.7990 | −0.028% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0795% | 1h | 0.8009 | +0.210% | $56K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.1736% | 1h | 0.8051 | +0.738% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Hyperliquid APT
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD