Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against BingX+0.090%111s7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)+3.529%+$353 · spread now +0.090%, 7d avg +0.111%
=Funding pays, the price is against you. BloFin is 0.021% cheaper against BingX than usual: you would sell low and buy high (spread +0.090% now, against its 7-day average of +0.111%). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDT | 0.7782 | 0.0100 | pay 0.0100% / 8h | 1h 51m | — | $26.2M | — |
| Short | BloFin APT-USDT | 0.7789 | 0.0220 | get 0.0220% / 8h | 1h 51m | $1.5M | $767K | 75x |
BingX APT-USDT
BloFin APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: +0.090% → +0.111%
- −$2.13
- Slippage, 4 orders
- −$15.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.17
- Costs to cover
- 0.372%
- Break-even
- 10.9 days
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 1 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 BingX live order book, 2 min ago | 1.93 bp | 6.9 bp −$7 | 8.9 bp −$89 | 15.0 bp −$1,503 | 38.6 bp −$19.3K |
| Sell BloFin live order book, 1 min ago | 1.28 bp | 8.6 bp −$9 | 15.1 bp −$151 | 36.7 bp −$3,674 | 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 | −0.0520% | 1h | 0.7783 | +0.013% | $7K | $382K | 50x | as long as short |
| Kraken Futures PF_APTUSD | −0.0426% | 1h | 0.7789 | +0.096% | $534K | $621K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0424% | 1h | 0.7777 | −0.064% | $2K | — | 5x | as long as short |
| Variational Omni APT | −0.0089% | 8h | 0.7802 | +0.255% | $612K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.026% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7786 | +0.051% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7790 | +0.102% | $21K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7777 | −0.064% | $426K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7783 | +0.013% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7782 | −0.004% | $302K | $464K | 20x | as long as short |
Deribit APT_USDC-PERPETUAL
Kraken Futures PF_APTUSD
01 Exchange 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 APTUSDT | +0.0100% | 8h | 0.7788 | +0.077% | $28.7M | $96.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7784 | +0.026% | $29.0M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7777 | −0.064% | $6.2M | $23.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7780 | −0.026% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7776 | −0.077% | $27.9M | $14.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7781 | −0.013% | $5.5M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7771 | −0.141% | $8.9M | $12.2M | 75x | as long as short |
| BingX APT-USDTlong | +0.0100% | 8h | 0.7782 | long leg | — | $26.2M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7787 | +0.064% | $197K | $360K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7800 | +0.231% | $65K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7767 | −0.193% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7780 | −0.026% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7793 | +0.141% | $263K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7773 | −0.112% | $83K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7783 | +0.011% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7793 | +0.137% | $17K | — | 100x | as long as short |
| BloFin APT-USDTshort | +0.0220% | 8h | 0.7789 | +0.090% | $1.5M | $767K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7819 | +0.475% | $211K | $547K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0466% | 1h | 0.7781 | −0.015% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0479% | 1h | 0.7783 | +0.017% | $54K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
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]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD