Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.021%
Price spread now: Orderly against Binance−0.230%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.230% cheaper against Binance than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7768 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $28.7M | $106.3M | 75x |
| Short | Orderly PERP_APT_USDC | 0.7750 | −0.0001 | pay 0.0001% / 8h | 6h 32m | $10K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$21.25
- Price spread: −0.230% → 0.000%
- −$22.98
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$60.23
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Orderly: 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, 10 min ago | 0.64 bp | 9.4 bp −$9 | 19.7 bp −$197 | 82.1 bp −$8,210 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7752 | −0.204% | $39K | — | 150x | as long as short |
| Orderly PERP_APT_USDCshort | −0.0001% | 8h | 0.7750 | −0.230% | $10K | $7K | 10x | |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7751 | −0.217% | $12K | $418K | 50x | as long as short |
| Variational Omni APT | +0.0003% | 8h | 0.7738 | −0.380% | $501K | $331K | — | as long as short |
| dYdX APT-USD | +0.0025% | 1h | 0.7769 | +0.012% | $54K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.156% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7770 | +0.028% | $416K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7769 | +0.015% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7753 | −0.188% | $243K | $928K | 20x | as long as short |
| Binance APTUSDTlong | +0.0100% | 8h | 0.7768 | long leg | $28.7M | $106.3M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7772 | +0.053% | $28.2M | $38.2M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7772 | +0.053% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7755 | −0.165% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7770 | +0.028% | $28.5M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7757 | −0.140% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7773 | +0.066% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7757 | −0.140% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7754 | −0.178% | $192K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | −0.359% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7740 | −0.359% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7751 | −0.217% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7775 | +0.092% | $261K | $126K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7753 | −0.195% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7751 | −0.218% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7750 | −0.236% | $528K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7754 | −0.179% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7749 | −0.243% | $204K | $534K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7751 | −0.212% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2720% | 1h | 0.7809 | +0.530% | $2K | — | 5x | as long as short |
Binance APTUSDT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
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
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
01 Exchange APTUSD