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: Hyperliquid against Bybit+0.090%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.090%, 7d avg +0.071%
Together, before fees−0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.77660.0100pay 0.0100% / 8h6h 51m$28.2M$37.9M50x
ShortHyperliquid APT0.77730.0100get 0.0013% / 1h51m 35s$5.6M$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.090% → +0.071%
$1.88
Slippage, 4 orders
−$29.6
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$47.72
Costs to cover
0.496%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Hyperliquid: live order book, 10 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, 2 min ago0.65 bp13.9 bp −$1429.2 bp −$29282.8 bp −$8,281doesn't fit
Sell Hyperliquid live order book, 10 min ago1.92 bp10.9 bp −$11doesn't fitdoesn'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
Variational Omni APT−0.0006%8h0.7720−0.588%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7769+0.040%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7776+0.129%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7769+0.036%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0007%1h0.7774+0.103%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.180%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7765−0.013%$416K$405K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7773+0.090%$5.6M$6.1M10x
Aster APTUSDT+0.0100%8h0.7771+0.062%$244K$593K20xas long as short
Binance APTUSDT+0.0100%8h0.7772+0.073%$29.1M$105.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDTlong+0.0100%8h0.7766long leg$28.2M$37.9M50x
OKX APT-USDT-SWAP+0.0100%8h0.7758−0.103%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7772+0.077%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7765−0.013%$28.7M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7771+0.064%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7764−0.026%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.77660.000%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7779+0.167%$195K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760−0.077%$63K$575K50xas long as short
SunX APT-USDT+0.0100%8h0.7760−0.077%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7771+0.064%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7752−0.180%$261K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7768+0.026%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7773+0.085%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7769+0.034%$529K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7773+0.093%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7761−0.064%$1.5M$958K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7777+0.142%$205K$537K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7776+0.131%$3K20xas long as short
01 Exchange APTUSD+0.3144%1h0.7814+0.618%$2K5xas long as short