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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.066%
Price spread now: Aster against Coinbase International−0.114%54s7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1271.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.325%−$32 on $10k
Price spread, last 3 days (all we have)−1.789%−$179 · spread now −0.114%, 7d avg −0.141%
Together, before fees−2.114%+ Points / potential airdropAster: Stage 5 · farm board−$211 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.027% dearer against Coinbase International than usual: you sell high and buy low (spread −0.114% now, against its 7-day average of −0.141%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APT-PERP-INTX0.78500.0280pay 0.0035% / 1h19m 18s$211K$547K50x
ShortAster APTUSDT0.78410.0100get 0.0100% / 8h2h 19m$306K$454K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$37.8
Price spread: −0.114% → −0.141%
$2.69
Slippage, 4 orders
−$109.34
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$162.45
Costs to cover
1.273%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Aster: 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 Coinbase International live order book, 4 min ago12.13 bp37.9 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago4.46 bp22.0 bp −$22doesn'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
01 Exchange APTUSD−0.0536%1h0.7828−0.280%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0361%1h0.7837−0.163%$538K$617K50xas long as short
Variational Omni APT−0.0093%8h0.7840−0.133%$616K$224Kas long as short
Orderly PERP_APT_USDC−0.0016%8h0.7842−0.102%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.892%$2K$200K12xas long as short
Deribit APT_USDC-PERPETUAL−0.0005%1h0.7841−0.115%$7K$382K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7839−0.138%$22K150xas long as short
Lighter APT+0.0096%1h0.7833−0.217%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7846−0.051%$5.9M$5.1M10xas long as short
Aster APTUSDTshort+0.0100%8h0.7841−0.114%$306K$454K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7836−0.173%$28.9M$96.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7837−0.166%$29.1M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7833−0.217%$6.2M$23.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7836−0.178%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7839−0.140%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7838−0.153%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7837−0.166%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7840−0.127%$25.6Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7846−0.051%$199K$362K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7840−0.127%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7826−0.306%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7840−0.127%$56$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7835−0.191%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7836−0.178%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7835−0.191%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7840−0.131%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7849−0.013%$1.5M$778K75xas long as short
Coinbase International APT-PERP-INTXlong+0.0280%1h0.7850long leg$211K$547K50x
Reya APTRUSDPERP+0.0464%1h0.7838−0.158%$3K20xas long as short
dYdX APT-USD+0.0749%1h0.7844−0.082%$55K$5K10xas long as short