Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.031%

Price spread now: gTrade (Gains Network) against Bitget+0.092%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.092% dearer against Bitget than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget APTUSDT	0.7688	0.0100	pay 0.0100% / 8h	5h 44m	$8.5M	$12.5M	75x
Short	gTrade (Gains Network) APT/USD	0.7695	L −0.0004% / S +0.0005%	pay 0.0001% / 1h	44m 49s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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 BitgetbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.092%Rate

Funding earned: −$22.08
Price spread: +0.092% → 0.000%: $9.2
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.88
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; gTrade (Gains Network): 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 Bitget live order book, 4 min ago	1.30 bp	14.5 bp −$14	19.8 bp −$198	94.1 bp −$9,408	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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/USDshort	L −0.0004% / S +0.0005%	1h	0.7695	+0.092%	$21K	—	150x
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7700	+0.156%	$17K	$428K	50x	as long as short
Orderly PERP_APT_USDC	+0.0004%	8h	0.7699	+0.143%	$10K	$7K	10x	as long as short
Variational Omni APT	+0.0015%	8h	0.7700	+0.158%	$498K	$310K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+1.197%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7691	+0.039%	$414K	$413K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7696	+0.104%	$5.4M	$6.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7691	+0.039%	$100K	$940K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7691	+0.039%	$28.3M	$104.9M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7688	0.000%	$27.9M	$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	0.7690	+0.026%	$5.8M	$24.3M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7687	−0.013%	$2.6M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7693	+0.065%	$29.1M	$15.3M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7691	+0.039%	$5.2M	$12.2M	50x	as long as short
Bitget APTUSDTlong	+0.0100%	8h	0.7688	long leg	$8.5M	$12.5M	75x
BingX APT-USDT	+0.0100%	8h	0.7690	+0.026%	—	$26.1M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7697	+0.117%	$193K	$372K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7690	+0.026%	$63K	$576K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7679	−0.117%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7698	+0.130%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7696	+0.104%	$260K	$117K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7690	+0.027%	$79K	$487K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7700	+0.153%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7693	+0.072%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7691	+0.039%	—	$948K	75x	as long as short
Kraken Futures PF_APTUSD	+0.0257%	1h	0.7703	+0.191%	$527K	$627K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0320%	1h	0.7739	+0.663%	$203K	$531K	50x	as long as short
Reya APTRUSDPERP	+0.0480%	1h	0.7699	+0.137%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0873%	1h	0.7696	+0.099%	$54K	$6K	10x	as long as short
01 Exchange APTUSD	+0.4344%	1h	0.7804	+1.509%	$2K	—	5x	as long as short