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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$570.572% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.950%−$95 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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.79940.0220pay 0.0220% / 8h35m 23s$1.5M$824K75x
ShortGate APT_USDT0.79770.0100get 0.0100% / 8h35m 23s$2.8M$4.7M75x

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 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: −0.213% → −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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago2.50 bp10.4 bp −$1015.7 bp −$15744.5 bp −$4,452doesn't fit
Sell Gate live order book, 3 min ago4.39 bp19.3 bp −$1949.4 bp −$494doesn'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
Kraken Futures PF_APTUSD−0.0398%1h0.8002+0.100%$555K$636K50xas long as short
01 Exchange APTUSD−0.0088%1h0.8094+1.251%$2K5xas long as short
Variational Omni APT−0.0043%8h0.7992−0.030%$520K$320Kas long as short
Orderly PERP_APT_USDC−0.0009%8h0.7972−0.275%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7977−0.215%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7998+0.050%$14K$415K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−2.677%$2K$241K12xas long as short
Lighter APT+0.0096%1h0.7985−0.113%$437K$353K10xas long as short
Aster APTUSDT+0.0100%8h0.7990−0.050%$311K$469K20xas long as short
Binance APTUSDT+0.0100%8h0.7974−0.250%$29.8M$99.1M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7973−0.263%$29.6M$36.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7974−0.250%$6.3M$24.5M50xas long as short
Gate APT_USDTshort+0.0100%8h0.7977−0.213%$2.8M$4.7M75x
MEXC APT_USDT+0.0100%8h0.7987−0.088%$29.1M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7979−0.188%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7974−0.250%$9.0M$12.6M75xas long as short
BingX APT-USDT+0.0100%8h0.7973−0.263%$25.3Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7997+0.038%$203K$369K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.8000+0.075%$67K$569K50xas long as short
SunX APT-USDT+0.0100%8h0.7987−0.088%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7996+0.025%$67$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7986−0.100%$270K$139K50xas long as short
Extended APT-USD+0.0104%1h0.7979−0.192%$85K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7999+0.058%$25K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0191% / S −0.0143%1h0.7974−0.252%$17K100xas long as short
BloFin APT-USDTlong+0.0220%8h0.7994long leg$1.5M$824K75x
Coinbase International APT-PERP-INTX+0.0240%1h0.8000+0.075%$213K$574K50xas long as short
Hyperliquid APT+0.0245%1h0.7985−0.113%$6.1M$5.4M10xas long as short
Reya APTRUSDPERP+0.0470%1h0.7974−0.245%$3K20xas long as short
dYdX APT-USD+0.1309%1h0.7990−0.050%$56K$6K10xas long as short