Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.063%
Price spread now: Coinbase International against BingX+0.313%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 3 days (all we have)+0.939%+$94 · spread now +0.313%, 7d avg +0.179%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.134% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.179%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDC | 0.7987 | 0.0100 | pay 0.0100% / 8h | 12m 04s | — | $6.5M | — |
| Short | Coinbase International APT-PERP-INTX | 0.8012 | 0.0240 | get 0.0030% / 1h | 12m 04s | $212K | $581K | 50x |
BingX APT-USDC
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $29.4
- Price spread: +0.313% → +0.179%
- $13.36
- Slippage, 4 orders
- −$101.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$78.93
- Costs to cover
- 1.217%
- Break-even
- 25.8 days
Slippage from BingX: live order book, 9 min ago; Coinbase International: 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, 9 min ago | 1.24 bp | 15.3 bp −$15 | 40.3 bp −$403 | 228.1 bp −$22.8K | 582.0 bp −$291.0K |
| Sell Coinbase International live order book, 1 min ago | 15.06 bp | 40.1 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0399% | 1h | 0.7979 | −0.094% | $552K | $642K | 50x | as long as short |
| Variational Omni APT | −0.0038% | 8h | 0.7993 | +0.079% | $523K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0011% | 8h | 0.7968 | −0.238% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7975 | −0.156% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0001% | 1h | 0.7970 | −0.213% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.592% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7964 | −0.288% | $428K | $394K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7970 | −0.213% | $308K | $489K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7988 | +0.014% | $30.2M | $101.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7992 | +0.063% | $29.6M | $37.1M | 50x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7994 | +0.088% | $6.3M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7967 | −0.250% | $2.8M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7989 | +0.025% | $29.1M | $15.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7966 | −0.263% | $5.6M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7982 | −0.063% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDClong | +0.0100% | 8h | 0.7987 | long leg | — | $6.5M | — | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7990 | +0.038% | $65K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7956 | −0.388% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7968 | −0.238% | $56 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7985 | −0.025% | $269K | $140K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7965 | −0.269% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7970 | −0.213% | $25K | — | 3x | as long as short |
| Backpack APT_USDC_PERP | +0.0117% | 1h | 0.7984 | −0.038% | $203K | $370K | 20x | as long as short |
| Hyperliquid APT | +0.0134% | 1h | 0.8000 | +0.163% | $6.2M | $5.7M | 10x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0191% / S −0.0143% | 1h | 0.7973 | −0.181% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7995 | +0.100% | $1.5M | $831K | 75x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0240% | 1h | 0.8012 | +0.313% | $212K | $581K | 50x | |
| Reya APTRUSDPERP | +0.0472% | 1h | 0.7969 | −0.222% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0731% | 1h | 0.7967 | −0.252% | $56K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.1768% | 1h | 0.8037 | +0.626% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Backpack APT_USDC_PERP
Hyperliquid APT
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD