Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.235%91s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 3 days (all we have)−3.329%−$333 · spread now −0.235%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.168% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.067%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APT-USDT | 0.7707 | 0.0220 | pay 0.0220% / 8h | 2h 57m | $1.5M | $763K | 75x |
| Short | Binance APTUSDT | 0.7689 | 0.0100 | get 0.0100% / 8h | 2h 57m | $28.4M | $96.4M | 75x |
BloFin APT-USDT
Binance APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$25.2
- Price spread: −0.235% → −0.067%
- −$16.82
- Slippage, 4 orders
- −$24.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.55
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 15 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 BloFin live order book, 5 min ago | 1.29 bp | 13.0 bp −$13 | 20.4 bp −$204 | 49.2 bp −$4,921 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.65 bp | 10.8 bp −$11 | 21.1 bp −$211 | 86.4 bp −$8,639 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0368% | 1h | 0.7690 | −0.222% | $532K | $607K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0140% | 1h | 0.7685 | −0.285% | $15K | $330K | 50x | as long as short |
| Backpack APT_USDC_PERP | −0.0137% | 1h | 0.7692 | −0.195% | $195K | $369K | 20x | as long as short |
| Variational Omni APT | −0.0117% | 8h | 0.7734 | +0.345% | $605K | $223K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7683 | −0.311% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7650 | −0.740% | $2K | $169K | 12x | as long as short |
| 01 Exchange APTUSD | −0.0008% | 1h | 0.7695 | −0.156% | $2K | — | 5x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7694 | −0.166% | $21K | — | 150x | as long as short |
| dYdX APT-USD | 0.0000% | 1h | 0.7691 | −0.208% | $54K | $5K | 10x | as long as short |
| Bybit APTUSDT | +0.0051% | 8h | 0.7682 | −0.324% | $28.6M | $35.7M | 50x | as long as short |
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Backpack APT_USDC_PERP
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
01 Exchange APTUSD
gTrade (Gains Network) APT/USD
dYdX APT-USD
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter APT | +0.0096% | 1h | 0.7690 | −0.221% | $425K | $340K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7698 | −0.117% | $5.8M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7694 | −0.169% | $300K | $456K | 20x | as long as short |
| Binance APTUSDTshort | +0.0100% | 8h | 0.7689 | −0.235% | $28.4M | $96.4M | 75x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7684 | −0.298% | $6.1M | $22.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7690 | −0.221% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7690 | −0.221% | $27.6M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7690 | −0.221% | $5.5M | $11.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7692 | −0.195% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7689 | −0.234% | — | $27.4M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | +0.298% | $64K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7681 | −0.337% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7685 | −0.285% | $58 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7726 | +0.247% | $261K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7690 | −0.219% | $82K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7685 | −0.285% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7693 | −0.176% | $17K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7707 | long leg | $1.5M | $763K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7746 | +0.506% | $209K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0462% | 1h | 0.7695 | −0.150% | $3K | — | 20x | as long as short |
Lighter APT
Hyperliquid APT
Aster APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP