Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: MEXC against Backpack−0.025%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.025%, 7d avg −0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7871 | 0.0100 | pay 0.0013% / 1h | 15m 22s | $198K | $366K | 20x |
| Short | MEXC APT_USDT | 0.7869 | 0.0100 | get 0.0100% / 8h | 1h 15m | $28.4M | $14.6M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.025% → −0.032%
- $0.69
- Slippage, 4 orders
- −$11.22
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.53
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 3 min ago; MEXC: live order book, 3 min ago.
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 | 0.64 bp | 8.6 bp −$9 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.64 bp | 2.2 bp −$2 | 13.7 bp −$137 | 60.0 bp −$6,003 | 82.7 bp −$41.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0432% | 1h | 0.7846 | −0.318% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0422% | 1h | 0.7867 | −0.053% | $543K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0070% | 8h | 0.7849 | −0.286% | $615K | $214K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −1.156% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0019% | 8h | 0.7871 | 0.000% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7870 | −0.007% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7866 | −0.064% | $7K | $387K | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7861 | −0.127% | $431K | $351K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7875 | +0.051% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7867 | −0.054% | $306K | $464K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7867 | −0.046% | $29.0M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7870 | −0.013% | $29.4M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7873 | +0.025% | $6.2M | $23.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7865 | −0.076% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7869 | −0.025% | $28.4M | $14.6M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7869 | −0.025% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7867 | −0.051% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7866 | −0.064% | — | $25.0M | — | as long as short |
| Backpack APT_USDC_PERPlong | +0.0100% | 1h | 0.7871 | long leg | $198K | $366K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7850 | −0.267% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7852 | −0.241% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7867 | −0.051% | $77 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7848 | −0.292% | $265K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7863 | −0.100% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7862 | −0.117% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7873 | +0.028% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7845 | −0.330% | $1.5M | $787K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7870 | −0.013% | $209K | $559K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0468% | 1h | 0.7870 | −0.009% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0811% | 1h | 0.7864 | −0.089% | $55K | $5K | 10x | as long as short |
Backpack APT_USDC_PERP
MEXC APT_USDT
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX