Funding you earn now, next payment 04:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.043%
Price spread now: Deribit against Bybit+0.092%45s7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$600.598% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)+1.553%+$155 · spread now +0.092%, 7d avg +0.111%
=The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APTUSDT | 0.7645 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $27.2M | $39.6M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7652 | −0.0142 | pay 0.0018% / 1h | 4m 26s | $8K | $497K | 50x |
Bybit APTUSDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- −$50.82
- Price spread: +0.092% → +0.111%
- −$1.97
- Slippage, 4 orders
- −$41.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$112.62
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Deribit: live order book, 54 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 Bybit live order book, 4 min ago | 0.65 bp | 9.4 bp −$9 | 22.3 bp −$223 | 66.6 bp −$6,660 | doesn't fit |
| Sell Deribit live order book, 54 min ago | 9.12 bp | 12.6 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUALshort | −0.0142% | 1h | 0.7652 | +0.092% | $8K | $497K | 50x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7658 | +0.169% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7652 | +0.092% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.766% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0034% | 8h | 0.7648 | +0.041% | $510K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7648 | +0.039% | $408K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7664 | +0.249% | $5.2M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7646 | +0.017% | $96K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7652 | +0.090% | $28.0M | $106.6M | 75x | as long as short |
| Bybit APTUSDTlong | +0.0100% | 8h | 0.7645 | long leg | $27.2M | $39.6M | 50x |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7652 | +0.092% | $5.7M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7652 | +0.092% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7667 | +0.288% | $28.7M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7657 | +0.157% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7660 | +0.196% | $8.5M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7648 | +0.039% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7653 | +0.105% | $189K | $377K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | +0.327% | $62K | $579K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7639 | −0.078% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7651 | +0.078% | $69 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7673 | +0.366% | $259K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7649 | +0.053% | $82K | $490K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7649 | +0.048% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7653 | +0.101% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7653 | +0.105% | $1.4M | $945K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0317% | 1h | 0.7657 | +0.155% | $531K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7659 | +0.183% | $220K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0486% | 1h | 0.7658 | +0.168% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0795% | 1h | 0.7651 | +0.073% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5064% | 1h | 0.7783 | +1.805% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD