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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.007%
Price spread now: GMX against Bitget+0.047%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.047% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APTUSDT0.78890.0100pay 0.0100% / 8h1h 01m$8.9M$12.3M75x
ShortGMX APT/USD [ETH-USDC]0.7893L +0.0190% / S −0.0143%get 0.0018% / 1h1m 24s$17K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$9.01
Price spread: +0.047% → 0.000%
$4.74
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$10.25
Costs to cover
0.240%
Break-even
15.0 days
Slippage unknown: Bitget: live order book, 2 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.90 bp13.6 bp −$1422.2 bp −$22271.4 bp −$7,138doesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange APTUSD−0.0440%1h0.7876−0.165%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7893+0.049%$545K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880−0.109%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.382%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7890+0.013%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7892+0.034%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7896+0.089%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7892+0.038%$432K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7900+0.139%$6.0M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7895+0.081%$308K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7890+0.018%$29.1M$97.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7888−0.013%$29.5M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7890+0.013%$6.2M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7890+0.013%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7890+0.013%$28.6M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7890+0.013%$5.6M$12.2M50xas long as short
Bitget APTUSDTlong+0.0100%8h0.7889long leg$8.9M$12.3M75x
BingX APT-USDT+0.0100%8h0.7891+0.025%$24.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7897+0.101%$201K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7890+0.013%$66K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7884−0.063%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7895+0.076%$72$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7883−0.076%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7887−0.023%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7893+0.055%$24K3xas long as short
GMX APT/USD [ETH-USDC]shortL +0.0190% / S −0.0143%1h0.7893+0.047%$17K100x
BloFin APT-USDT+0.0220%8h0.7893+0.051%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897+0.101%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7889−0.006%$3K20xas long as short
dYdX APT-USD+0.0976%1h0.7893+0.046%$55K$5K10xas long as short