Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h −0.060%
Price spread now: Deribit against Bitget−0.207%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+1.851%+$185 · spread now −0.207%, 7d avg +0.076%
=Funding pays, the price is against you. Deribit is 0.284% cheaper against Bitget than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of +0.076%). If the spread goes back, that is −$28 on $10k: about 3.2 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APTUSDT | 0.7717 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $8.6M | $12.8M | 75x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7701 | 0.0400 | get 0.0050% / 1h | 31m 34s | $17K | $443K | 50x |
Bitget APTUSDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- $63
- Price spread: −0.207% → +0.076%
- −$28.38
- Slippage, 4 orders
- −$46.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$31.05
- Costs to cover
- 0.657%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 2 min ago; Deribit: live order book, 27 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 Bitget live order book, 2 min ago | 1.30 bp | 15.2 bp −$15 | 21.4 bp −$214 | 64.2 bp −$6,415 | doesn't fit |
| Sell Deribit live order book, 27 min ago | 9.12 bp | 12.6 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7692 | −0.324% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7697 | −0.259% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.816% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0042% | 8h | 0.7620 | −1.255% | $509K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7712 | −0.065% | $412K | $421K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7716 | −0.013% | $5.3M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7709 | −0.109% | $97K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7711 | −0.078% | $28.2M | $106.5M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7716 | −0.013% | $27.6M | $39.0M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7705 | −0.156% | $5.7M | $24.9M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APT_USDT | +0.0100% | 8h | 0.7713 | −0.052% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7719 | +0.026% | $29.0M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7715 | −0.026% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDTlong | +0.0100% | 8h | 0.7717 | long leg | $8.6M | $12.8M | 75x | |
| BingX APT-USDT | +0.0100% | 8h | 0.7713 | −0.052% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7708 | −0.117% | $190K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | −0.609% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7674 | −0.557% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7700 | −0.220% | $65 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7633 | −1.089% | $258K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7711 | −0.072% | $81K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7699 | −0.231% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7693 | −0.306% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7681 | −0.467% | $1.4M | $947K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0315% | 1h | 0.7697 | −0.254% | $532K | $639K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7700 | −0.220% | $222K | $457K | 50x | as long as short |
| Deribit APT_USDC-PERPETUALshort | +0.0400% | 1h | 0.7701 | −0.207% | $17K | $443K | 50x | |
| Reya APTRUSDPERP | +0.0485% | 1h | 0.7692 | −0.320% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0638% | 1h | 0.7711 | −0.084% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5448% | 1h | 0.7770 | +0.687% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDT
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
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD