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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.031%
Price spread now: ApeX Omni against BloFin−0.225%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 4 days (all we have)−0.582%−$58 · spread now −0.225%, 7d avg −0.023%
Together, before fees−0.732%−$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.202% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.75570.0220pay 0.0220% / 8h2h 22m$1.4M$966K75x
ShortApeX Omni APTUSDT0.75400.0100get 0.0013% / 1h22m 33s$60K$580K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$25.2
Price spread: −0.225% → −0.023%
−$20.16
Slippage, 4 orders
−$63.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$130.69
Costs to cover
0.853%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; ApeX Omni: live order book, 25 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 BloFin live order book, 5 min ago1.99 bp13.7 bp −$1423.3 bp −$23363.3 bp −$6,330doesn't fit
Sell ApeX Omni live order book, 25 min ago19.75 bp29.2 bp −$29194.3 bp −$1,943doesn'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%1h0.7551−0.085%$20K150xas long as short
Variational Omni APT+0.0005%8h0.7534−0.301%$502K$413Kas long as short
Deribit APT_USDC-PERPETUAL+0.0015%1h0.7548−0.119%$12K$571K50xas long as short
Orderly PERP_APT_USDC+0.0020%8h0.7543−0.185%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.951%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7555−0.026%$403K$426K10xas long as short
Hyperliquid APT+0.0100%1h0.7559+0.026%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7564+0.093%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7568+0.148%$27.5M$107.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7564+0.093%$26.9M$41.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7568+0.146%$5.6M$25.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7562+0.066%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7569+0.159%$29.9M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7559+0.026%$4.9M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7566+0.119%$8.5M$13.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7563+0.079%$26.3Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7559+0.026%$187K$359K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7540−0.225%$60K$580K50x
SunX APT-USDT+0.0100%8h0.7537−0.265%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7550−0.093%$88$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7555−0.026%$249K$153K50xas long as short
Extended APT-USD+0.0104%1h0.7563+0.079%$80K$581K25xas long as short
Aevo APT-PERP+0.0104%1h0.7548−0.116%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7545−0.153%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0219%1h0.7551−0.082%$524K$626K50xas long as short
BloFin APT-USDTlong+0.0220%8h0.7557long leg$1.4M$966K75x
Coinbase International APT-PERP-INTX+0.0320%1h0.7577+0.265%$218K$457K50xas long as short
Reya APTRUSDPERP+0.0493%1h0.7546−0.145%$3K20xas long as short
dYdX APT-USD+0.0830%1h0.7559+0.023%$53K$6K10xas long as short
01 Exchange APTUSD+0.7040%1h0.7725+2.223%$2K5xas long as short