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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.0% APRpaid last 24h +0.034%
Price spread now: GMX against Bybit0.000%51s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.77020.0051pay 0.0051% / 8h2h 56m$28.7M$35.7M50x
ShortGMX APT/USD [ETH-USDC]0.7702L +0.0189% / S −0.0143%get 0.0018% / 1h56m 26s$17K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$19.22
Price spread: 0.000% → 0.000%
$0.01
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GMX: 6 bp × 2 orders
−$12
Net
−$3.77
Costs to cover
0.230%
Break-even
8.4 days
Slippage unknown: Bybit: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

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, 2 min ago0.65 bp10.4 bp −$1021.3 bp −$21371.7 bp −$7,173doesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0367%1h0.7706+0.057%$533K$607K50xas long as short
01 Exchange APTUSD−0.0232%1h0.7695−0.091%$2K5xas long as short
Backpack APT_USDC_PERP−0.0133%1h0.7706+0.052%$195K$369K20xas long as short
Variational Omni APT−0.0117%8h0.7734+0.410%$605K$223Kas long as short
Orderly PERP_APT_USDC−0.0020%8h0.7698−0.052%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.675%$2K$169K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7705+0.041%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7701−0.013%$15K$330K50xas long as short
Bybit APTUSDTlong+0.0051%8h0.7702long leg$28.7M$35.7M50x
Lighter APT+0.0096%1h0.7707+0.065%$426K$340K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid APT+0.0100%1h0.7711+0.117%$5.8M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7708+0.072%$300K$456K20xas long as short
Binance APTUSDT+0.0100%8h0.7706+0.052%$28.4M$96.3M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7699−0.039%$6.1M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7701−0.013%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7704+0.026%$27.6M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7704+0.026%$5.5M$11.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7708+0.078%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7705+0.039%$6.5Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7710+0.104%$64K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7687−0.195%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7700−0.026%$62$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7726+0.312%$261K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7698−0.056%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7700−0.026%$24K3xas long as short
GMX APT/USD [ETH-USDC]shortL +0.0189% / S −0.0143%1h0.77020.000%$17K100x
BloFin APT-USDT+0.0220%8h0.7695−0.091%$1.5M$762K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7746+0.571%$209K$538K50xas long as short
dYdX APT-USD+0.0307%1h0.7711+0.116%$54K$5K10xas long as short
Reya APTRUSDPERP+0.0462%1h0.7702+0.006%$3K20xas long as short