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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APTUSDT0.77680.0100pay 0.0100% / 8h6h 32m$28.7M$106.3M75x
ShortOrderly PERP_APT_USDC0.7750−0.0001pay 0.0001% / 8h6h 32m$10K$7K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago0.64 bp9.4 bp −$919.7 bp −$19782.1 bp −$8,210doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7752−0.204%$39K150xas long as short
Orderly PERP_APT_USDCshort−0.0001%8h0.7750−0.230%$10K$7K10x
Deribit APT_USDC-PERPETUAL0.0000%1h0.7751−0.217%$12K$418K50xas long as short
Variational Omni APT+0.0003%8h0.7738−0.380%$501K$331Kas long as short
dYdX APT-USD+0.0025%1h0.7769+0.012%$54K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.156%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7770+0.028%$416K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.7769+0.015%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7753−0.188%$243K$928K20xas long as short
Binance APTUSDTlong+0.0100%8h0.7768long leg$28.7M$106.3M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7772+0.053%$28.2M$38.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7772+0.053%$5.8M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7755−0.165%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7770+0.028%$28.5M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7757−0.140%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7773+0.066%$8.7M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7757−0.140%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7754−0.178%$192K$391K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7740−0.359%$63K$576K50xas long as short
SunX APT-USDT+0.0100%8h0.7740−0.359%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7751−0.217%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7775+0.092%$261K$126K50xas long as short
Extended APT-USD+0.0104%1h0.7753−0.195%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7751−0.218%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7750−0.236%$528K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7754−0.179%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7749−0.243%$204K$534K50xas long as short
Reya APTRUSDPERP+0.0478%1h0.7751−0.212%$3K20xas long as short
01 Exchange APTUSD+0.2720%1h0.7809+0.530%$2K5xas long as short