Funding you earn now, next payment 03:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.063%
Price spread now: Coinbase International against Binance+0.105%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)+1.723%+$172 · spread now +0.105%, 7d avg +0.155%
=Funding pays, the price is against you. Coinbase International is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.155%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7651 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $28.0M | $106.6M | 75x |
| Short | Coinbase International APT-PERP-INTX | 0.7659 | 0.0328 | get 0.0041% / 1h | 4m 37s | $220K | $459K | 50x |
Binance APTUSDT
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $47.88
- Price spread: +0.105% → +0.155%
- −$5.07
- Slippage, 4 orders
- −$101.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$79.1
- Costs to cover
- 1.219%
- Break-even
- 18.6 days
Slippage from Binance: live order book, 8 min ago; Coinbase International: live order book, 53 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 Binance live order book, 8 min ago | 1.30 bp | 10.2 bp −$10 | 19.7 bp −$197 | 82.5 bp −$8,254 | doesn't fit |
| Sell Coinbase International live order book, 53 min ago | 10.46 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.0142% | 1h | 0.7652 | +0.013% | $8K | $497K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7654 | +0.042% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7652 | +0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.686% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0034% | 8h | 0.7648 | −0.037% | $510K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7648 | −0.039% | $408K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7653 | +0.026% | $5.2M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7643 | −0.105% | $96K | $961K | 20x | as long as short |
| Binance APTUSDTlong | +0.0100% | 8h | 0.7651 | long leg | $28.0M | $106.6M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7644 | −0.091% | $27.2M | $39.6M | 50x | as long as short |
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster 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 | 0.7651 | 0.000% | $5.7M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7652 | +0.013% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7649 | −0.026% | $28.7M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7647 | −0.052% | $5.0M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7649 | −0.026% | $8.4M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7648 | −0.039% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7653 | +0.026% | $189K | $377K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | +0.248% | $62K | $579K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7639 | −0.157% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7651 | 0.000% | $69 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7673 | +0.288% | $259K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7649 | −0.025% | $82K | $490K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7649 | −0.031% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7653 | +0.022% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7653 | +0.026% | $1.4M | $945K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0317% | 1h | 0.7657 | +0.077% | $531K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0328% | 1h | 0.7659 | +0.105% | $220K | $459K | 50x | |
| Reya APTRUSDPERP | +0.0486% | 1h | 0.7653 | +0.024% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0795% | 1h | 0.7651 | −0.006% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5064% | 1h | 0.7783 | +1.725% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
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
Kraken Futures PF_APTUSD
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD