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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against Bybit−0.693%69s7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 4 days (all we have)+1.675%+$168 · spread now −0.693%, 7d avg +0.123%
Together, before fees+1.797%+$180 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.816% cheaper against Bybit than usual: you would sell low and buy high, −$82 on $10k if it goes back to its 7-day average of +0.123%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.77940.0100pay 0.0100% / 8h6h 30m$28.3M$38.1M50x
ShortApeX Omni APTUSDT0.77400.0100get 0.0013% / 1h30m 23s$63K$576K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$0
Price spread: −0.693% → +0.123%
−$81.61
Slippage, 4 orders
−$46.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$149.44
Costs to cover
0.678%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 37 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 Bybit live order book, 3 min ago0.65 bp11.6 bp −$1226.8 bp −$268120.9 bp −$12.1Kdoesn't fit
Sell ApeX Omni live order book, 37 min ago12.63 bp21.8 bp −$22181.6 bp −$1,816doesn't fitdoesn't fit

APT on 29 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%1h0.7798+0.052%$21K150xas long as short
Orderly PERP_APT_USDC0.0000%8h0.7798+0.051%$10K$7K10xas long as short
Variational Omni APT+0.0003%8h0.7760−0.432%$507K$335Kas long as short
Deribit APT_USDC-PERPETUAL+0.0006%1h0.7800+0.077%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.180%$2K$240K12xas long as short
dYdX APT-USD+0.0048%1h0.7790−0.054%$55K$6K10xas long as short
Lighter APT+0.0096%1h0.7780−0.180%$417K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.7800+0.077%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7790−0.057%$118K$936K20xas long as short
Binance APTUSDT+0.0100%8h0.7799+0.060%$28.8M$106.3M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDTlong+0.0100%8h0.7794long leg$28.3M$38.1M50x
OKX APT-USDT-SWAP+0.0100%8h0.77940.000%$5.9M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7798+0.051%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7799+0.064%$29.7M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7798+0.051%$5.4M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7798+0.051%$8.7M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7797+0.038%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7781−0.167%$193K$391K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7740−0.693%$63K$576K50x
SunX APT-USDT+0.0100%8h0.7784−0.128%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7799+0.064%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7775−0.244%$261K$126K50xas long as short
Extended APT-USD+0.0104%1h0.7795+0.009%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7799+0.062%$29K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0137%1h0.7798+0.055%$531K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7795+0.013%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7770−0.308%$204K$535K50xas long as short
Reya APTRUSDPERP+0.0478%1h0.7796+0.021%$3K20xas long as short
01 Exchange APTUSD+0.2608%1h0.7809+0.192%$2K5xas long as short