Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.059%
Price spread now: Deribit against BingX+0.026%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.521% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)+0.810%+$81 · spread now +0.026%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.028% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDC | 0.7661 | 0.0100 | pay 0.0100% / 8h | 1h 08m | — | $6.5M | — |
| Short | Deribit APT_USDC-PERPETUAL | 0.7663 | 0 | get 0.0000% / 1h | 8m 10s | $19K | $598K | 50x |
BingX APT-USDC
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.026% → +0.054%
- −$2.81
- Slippage, 4 orders
- −$35.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$75.87
- Costs to cover
- 0.521%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Deribit: live order book, 36 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, 12 min ago | 1.30 bp | 14.5 bp −$14 | 37.1 bp −$371 | 249.5 bp −$25.0K | 653.5 bp −$326.8K |
| Sell Deribit live order book, 36 min ago | 6.53 bp | 10.0 bp −$10 | 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 | −0.0227% | 1h | 0.7664 | +0.043% | $524K | $609K | 50x | as long as short |
| Variational Omni APT | −0.0019% | 8h | 0.7677 | +0.210% | $491K | $422K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7663 | +0.029% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7663 | +0.026% | $19K | $598K | 50x | |
| Orderly PERP_APT_USDC | +0.0021% | 8h | 0.7660 | −0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.553% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7658 | −0.039% | $411K | $426K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7664 | +0.039% | $4.8M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7663 | +0.026% | $89K | $916K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7660 | −0.013% | $27.8M | $101.3M | 75x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7658 | −0.039% | $27.4M | $39.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7658 | −0.039% | $5.7M | $24.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7661 | 0.000% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7661 | 0.000% | $30.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7659 | −0.026% | $4.9M | $11.8M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7660 | −0.013% | $8.6M | $12.4M | 75x | as long as short |
| BingX APT-USDClong | +0.0100% | 8h | 0.7661 | long leg | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7665 | +0.052% | $173K | $313K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7680 | +0.248% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7645 | −0.209% | $5K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7659 | −0.026% | $87 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7674 | +0.170% | $252K | $182K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7656 | −0.067% | $80K | $551K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7661 | −0.006% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7662 | +0.019% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7674 | +0.170% | $1.4M | $802K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7697 | +0.470% | $223K | $314K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0497% | 1h | 0.7658 | −0.045% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0911% | 1h | 0.7666 | +0.059% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5064% | 1h | 0.7789 | +1.671% | $2K | — | 5x | as long as short |
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]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD