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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against BingX+0.091%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.290%−$29 · spread now +0.091%, 7d avg +0.029%
Together, before fees−0.344%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.063% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APT-USDC0.76860.0100pay 0.0100% / 8h5h 47m$6.5M
ShortHyperliquid APT0.76930.0100get 0.0013% / 1h47m 07s$5.4M$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.091% → +0.029%
$6.25
Slippage, 4 orders
−$33.99
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$46.74
Costs to cover
0.530%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago1.30 bp15.4 bp −$1534.9 bp −$349239.1 bp −$23.9K639.9 bp −$319.9K
Sell Hyperliquid live order book, 5 min ago0.65 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit

APT on 30 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%1h0.7688+0.026%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7689+0.039%$17K$428K50xas long as short
Orderly PERP_APT_USDC+0.0004%8h0.76860.000%$10K$7K10xas long as short
Variational Omni APT+0.0017%8h0.7725+0.507%$501K$310Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.223%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7684−0.026%$413K$413K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7693+0.091%$5.4M$6.1M10x
Aster APTUSDT+0.0100%8h0.7686+0.002%$98K$939K20xas long as short
Binance APTUSDT+0.0100%8h0.7692+0.077%$28.3M$104.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7688+0.026%$27.9M$37.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7691+0.065%$5.7M$24.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7690+0.052%$2.6M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7689+0.039%$29.1M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.76860.000%$5.2M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7683−0.039%$8.5M$12.5M75xas long as short
BingX APT-USDClong+0.0100%8h0.7686long leg$6.5M
Backpack APT_USDC_PERP+0.0100%1h0.7693+0.091%$193K$372K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7690+0.052%$63K$576K50xas long as short
SunX APT-USDT+0.0100%8h0.7678−0.104%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7685−0.013%$56$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7696+0.130%$260K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7684−0.032%$79K$487K25xas long as short
Aevo APT-PERP+0.0104%1h0.7685−0.010%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7690+0.048%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7689+0.039%$947K75xas long as short
Kraken Futures PF_APTUSD+0.0258%1h0.7694+0.103%$526K$627K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7739+0.690%$203K$531K50xas long as short
Reya APTRUSDPERP+0.0480%1h0.7686−0.006%$3K20xas long as short
dYdX APT-USD+0.0827%1h0.7698+0.162%$54K$6K10xas long as short
01 Exchange APTUSD+0.4248%1h0.7804+1.535%$2K5xas long as short