Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.056%
Price spread now: Deribit against Binance−0.138%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 3 days (all we have)+1.194%+$119 · spread now −0.138%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.172% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7909 | 0.0100 | pay 0.0100% / 8h | 59m 31s | $29.3M | $97.9M | 75x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7898 | 0 | get 0.0000% / 1h | 59m 31s | $7K | $387K | 50x |
Binance APTUSDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.138% → +0.034%
- −$17.22
- Slippage, 4 orders
- −$25.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$80.64
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Deribit: live order book, 19 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, 13 min ago | 0.63 bp | 9.0 bp −$9 | 18.6 bp −$186 | 67.6 bp −$6,756 | doesn't fit |
| Sell Deribit live order book, 19 min ago | 4.46 bp | 9.2 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0704% | 1h | 0.7885 | −0.303% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0420% | 1h | 0.7899 | −0.126% | $545K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0063% | 8h | 0.7887 | −0.272% | $619K | $214K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −1.630% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0017% | 8h | 0.7895 | −0.176% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7899 | −0.131% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7898 | −0.138% | $7K | $387K | 50x | |
| Lighter APT | +0.0096% | 1h | 0.7895 | −0.176% | $432K | $351K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7908 | −0.012% | $6.1M | $5.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7900 | −0.109% | $308K | $465K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDTlong | +0.0100% | 8h | 0.7909 | long leg | $29.3M | $97.9M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7904 | −0.063% | $29.6M | $35.7M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7906 | −0.037% | $6.2M | $24.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7898 | −0.138% | $2.8M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7897 | −0.151% | $28.6M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7894 | −0.189% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7900 | −0.113% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7900 | −0.113% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7901 | −0.101% | $199K | $370K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7890 | −0.240% | $66K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7886 | −0.290% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7896 | −0.164% | $76 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7900 | −0.113% | $267K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7898 | −0.139% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7897 | −0.148% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7894 | −0.191% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7899 | −0.126% | $1.5M | $800K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7897 | −0.151% | $210K | $561K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0469% | 1h | 0.7896 | −0.160% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0995% | 1h | 0.7900 | −0.116% | $55K | $5K | 10x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
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
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD