Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0808%/8h= +88.4% APRpaid last 24h +0.247%

Price spread now: dYdX against BingX−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.851%+$85 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. dYdX is 0.032% cheaper against BingX than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX APT-USDC	0.7707	0.0100	pay 0.0100% / 8h	5h 43m	—	$6.5M	—
Short	dYdX APT-USD	0.7705	0.0908	get 0.0113% / 1h	43m 33s	$54K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee dYdXbpOrdersPrice spread, now −0.032%Rate

Funding earned: $169.61
Price spread: −0.032% → 0.000%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $146.42
Costs to cover: 0.200%
Break-even: 1.0 days

Slippage unknown: BingX: live order book, 6 min ago; dYdX: 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 BingX live order book, 6 min ago	1.30 bp	15.4 bp −$15	34.9 bp −$349	239.1 bp −$23.9K	639.9 bp −$319.9K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 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
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7690	−0.220%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7693	−0.182%	$17K	$428K	50x	as long as short
Orderly PERP_APT_USDC	+0.0005%	8h	0.7690	−0.221%	$10K	$7K	10x	as long as short
Variational Omni APT	+0.0015%	8h	0.7700	−0.089%	$498K	$310K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+0.947%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7705	−0.026%	$414K	$413K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7706	−0.013%	$5.4M	$6.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7699	−0.107%	$100K	$940K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7717	+0.130%	$28.4M	$104.9M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7715	+0.104%	$28.0M	$37.7M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7715	+0.104%	$5.8M	$24.4M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7707	0.000%	$2.6M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7719	+0.156%	$29.2M	$15.3M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7702	−0.065%	$5.2M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7717	+0.130%	$8.5M	$12.5M	75x	as long as short
BingX APT-USDClong	+0.0100%	8h	0.7707	long leg	—	$6.5M	—
Backpack APT_USDC_PERP	+0.0100%	1h	0.7701	−0.078%	$193K	$372K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7700	−0.091%	$63K	$576K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7683	−0.311%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7693	−0.182%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7696	−0.143%	$260K	$117K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7712	+0.068%	$79K	$487K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7694	−0.173%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7692	−0.196%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7691	−0.208%	—	$948K	75x	as long as short
Kraken Futures PF_APTUSD	+0.0257%	1h	0.7701	−0.082%	$527K	$627K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0320%	1h	0.7739	+0.415%	$203K	$531K	50x	as long as short
Reya APTRUSDPERP	+0.0481%	1h	0.7717	+0.124%	$3K	—	20x	as long as short
dYdX APT-USDshort	+0.0908%	1h	0.7705	−0.032%	$54K	$6K	10x
01 Exchange APTUSD	+0.4392%	1h	0.7805	+1.272%	$2K	—	5x	as long as short