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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Backpack−0.441%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2332.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)+1.974%+$197 · spread now −0.441%, 7d avg −0.160%
Together, before fees+1.915%+$192 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: SunX is 0.281% cheaper against Backpack than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.77080.0100pay 0.0013% / 1h31m 27s$190K$381K20x
ShortSunX APT-USDT0.76740.0100get 0.0100% / 8h4h 31m$6K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: −0.441% → −0.160%
−$28.12
Slippage, 4 orders
−$215.36
Fee Backpack: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$261.47
Costs to cover
2.334%
Break-even
never at this rate
Slippage from Backpack: live order book, 27 min ago; SunX: live order book, 3 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, 27 min ago1.96 bp9.3 bp −$938.9 bp −$389doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago30.17 bp113.6 bp −$114doesn't fitdoesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7709+0.014%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7702−0.078%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.934%$2K$240K12xas long as short
Variational Omni APT+0.0042%8h0.7620−1.140%$509K$415Kas long as short
Lighter APT+0.0096%1h0.7712+0.052%$412K$421K10xas long as short
Hyperliquid APT+0.0100%1h0.7716+0.104%$5.3M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7715+0.089%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7715+0.088%$28.2M$106.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7714+0.078%$27.6M$39.0M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7704−0.052%$5.7M$24.9M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7712+0.052%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7718+0.130%$29.0M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7717+0.117%$5.1M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7714+0.078%$8.6M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7710+0.026%$26.0Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7708long leg$190K$381K20x
ApeX Omni APTUSDT+0.0100%1h0.7670−0.493%$62K$581K50xas long as short
SunX APT-USDTshort+0.0100%8h0.7674−0.441%$6K$1.5M20x
SoDEX APT-USD+0.0100%1h0.7700−0.104%$65$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7633−0.973%$258K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7711+0.045%$81K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7699−0.115%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7706−0.031%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7681−0.350%$1.4M$947K75xas long as short
Kraken Futures PF_APTUSD+0.0315%1h0.7697−0.137%$532K$639K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7700−0.104%$222K$457K50xas long as short
Deribit APT_USDC-PERPETUAL+0.0400%1h0.7701−0.091%$17K$443K50xas long as short
Reya APTRUSDPERP+0.0485%1h0.7709+0.017%$3K20xas long as short
dYdX APT-USD+0.0638%1h0.7711+0.033%$54K$6K10xas long as short
01 Exchange APTUSD+0.5448%1h0.7770+0.804%$2K5xas long as short