Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.027%

Price spread now: gTrade (Gains Network) against Binance+0.027%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.027% dearer against Binance than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance APTUSDT	0.7706	0.0100	pay 0.0100% / 8h	2h 50m	$28.5M	$96.1M	75x
Short	gTrade (Gains Network) APT/USD	0.7708	L −0.0004% / S +0.0005%	pay 0.0001% / 1h	50m 25s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.027%Rate

Funding earned: −$22.08
Price spread: +0.027% → 0.000%: $2.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$39.38
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; gTrade (Gains Network): 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 Binance live order book, 7 min ago	0.65 bp	10.0 bp −$10	21.5 bp −$215	83.7 bp −$8,371	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
01 Exchange APTUSD	−0.0496%	1h	0.7693	−0.166%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0367%	1h	0.7699	−0.084%	$532K	$608K	50x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0139%	1h	0.7702	−0.049%	$16K	$330K	50x	as long as short
Variational Omni APT	−0.0117%	8h	0.7697	−0.120%	$604K	$223K	—	as long as short
Orderly PERP_APT_USDC	−0.0019%	8h	0.7705	−0.010%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	−0.0016%	1h	0.7650	−0.724%	$2K	$169K	12x	as long as short
gTrade (Gains Network) APT/USDshort	L −0.0004% / S +0.0005%	1h	0.7708	+0.027%	$21K	—	150x
Bybit APTUSDT	+0.0052%	8h	0.7700	−0.075%	$28.7M	$35.5M	50x	as long as short
Backpack APT_USDC_PERP	+0.0094%	1h	0.7707	+0.016%	$195K	$368K	20x	as long as short
Lighter APT	+0.0096%	1h	0.7702	−0.049%	$422K	$343K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid APT	+0.0100%	1h	0.7712	+0.081%	$5.8M	$5.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7704	−0.023%	$300K	$451K	20x	as long as short
Binance APTUSDTlong	+0.0100%	8h	0.7706	long leg	$28.5M	$96.1M	75x
OKX APT-USDT-SWAP	+0.0100%	8h	0.7701	−0.062%	$6.1M	$22.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7704	−0.023%	$2.7M	$4.6M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7706	+0.003%	$27.7M	$14.4M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7703	−0.036%	$5.5M	$12.0M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7704	−0.023%	$9.0M	$12.2M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7704	−0.023%	—	$27.4M	—	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7730	+0.315%	$64K	$575K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7690	−0.205%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7699	−0.088%	$56	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7709	+0.042%	$260K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7702	−0.054%	$82K	$479K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7707	+0.018%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7705	−0.005%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7705	−0.010%	$1.5M	$763K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0280%	1h	0.7726	+0.263%	$208K	$536K	50x	as long as short
dYdX APT-USD	+0.0439%	1h	0.7707	+0.016%	$54K	$5K	10x	as long as short
Reya APTRUSDPERP	+0.0462%	1h	0.7704	−0.029%	$3K	—	20x	as long as short