Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%
Price spread now: Gate against BloFin−0.213%108s7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$570.572% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 3 days (all we have)−0.699%−$70 · spread now −0.213%, 7d avg −0.099%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.113% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.099%). Swap the legs. The two prices were read 108 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 | 0.7994 | 0.0220 | pay 0.0220% / 8h | 35m 23s | $1.5M | $824K | 75x |
| Short | Gate APT_USDT | 0.7977 | 0.0100 | get 0.0100% / 8h | 35m 23s | $2.8M | $4.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.213% → −0.099%
- −$11.33
- Slippage, 4 orders
- −$30.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$93.71
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago | 2.50 bp | 10.4 bp −$10 | 15.7 bp −$157 | 44.5 bp −$4,452 | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.39 bp | 19.3 bp −$19 | 49.4 bp −$494 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0398% | 1h | 0.8002 | +0.100% | $555K | $636K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0088% | 1h | 0.8094 | +1.251% | $2K | — | 5x | as long as short |
| Variational Omni APT | −0.0043% | 8h | 0.7992 | −0.030% | $520K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.7972 | −0.275% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7977 | −0.215% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7998 | +0.050% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.677% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7985 | −0.113% | $437K | $353K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7990 | −0.050% | $311K | $469K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7974 | −0.250% | $29.8M | $99.1M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7973 | −0.263% | $29.6M | $36.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7974 | −0.250% | $6.3M | $24.5M | 50x | as long as short |
| Gate APT_USDTshort | +0.0100% | 8h | 0.7977 | −0.213% | $2.8M | $4.7M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7987 | −0.088% | $29.1M | $14.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7979 | −0.188% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7974 | −0.250% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7973 | −0.263% | — | $25.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7997 | +0.038% | $203K | $369K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.8000 | +0.075% | $67K | $569K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7987 | −0.088% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7996 | +0.025% | $67 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7986 | −0.100% | $270K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7979 | −0.192% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7999 | +0.058% | $25K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0191% / S −0.0143% | 1h | 0.7974 | −0.252% | $17K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7994 | long leg | $1.5M | $824K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8000 | +0.075% | $213K | $574K | 50x | as long as short |
| Hyperliquid APT | +0.0245% | 1h | 0.7985 | −0.113% | $6.1M | $5.4M | 10x | as long as short |
| Reya APTRUSDPERP | +0.0470% | 1h | 0.7974 | −0.245% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1309% | 1h | 0.7990 | −0.050% | $56K | $6K | 10x | as long as short |
BloFin APT-USDT
Gate APT_USDT
Kraken Futures PF_APTUSD
01 Exchange APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Hyperliquid APT