Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.061%
Price spread now: BingX against Coinbase International−0.394%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1071.069% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 3 days (all we have)−0.454%−$45 · spread now −0.394%, 7d avg −0.194%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.200% cheaper against Coinbase International than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.194%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7869 | 0.0232 | pay 0.0029% / 1h | 46m 42s | $208K | $572K | 50x |
| Short | BingX APT-USDT | 0.7838 | 0.0100 | get 0.0100% / 8h | 7h 46m | — | $25.4M | — |
Coinbase International APT-PERP-INTX
BingX APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.72
- Price spread: −0.394% → −0.194%
- −$19.99
- Slippage, 4 orders
- −$86.94
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$154.64
- Costs to cover
- 1.069%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 26 min ago; BingX: live order book, 2 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 Coinbase International live order book, 26 min ago | 15.06 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.55 bp | 8.1 bp −$8 | 10.0 bp −$100 | 17.6 bp −$1,761 | 34.8 bp −$17.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0031% | 8h | 0.7844 | −0.314% | $515K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0008% | 8h | 0.7840 | −0.369% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7842 | −0.349% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7839 | −0.381% | $13K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0001% | 1h | 0.7842 | −0.345% | $55K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −1.131% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7835 | −0.432% | $425K | $400K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7845 | −0.305% | $6.0M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7840 | −0.365% | $295K | $492K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7842 | −0.349% | $29.5M | $103.5M | 75x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7840 | −0.369% | $29.1M | $37.6M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7841 | −0.356% | $6.0M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7838 | −0.394% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7838 | −0.394% | $28.6M | $15.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7832 | −0.470% | $5.5M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7837 | −0.407% | $8.8M | $12.7M | 75x | as long as short |
| BingX APT-USDTshort | +0.0100% | 8h | 0.7838 | −0.394% | — | $25.4M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7843 | −0.330% | $195K | $376K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7860 | −0.114% | $64K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7829 | −0.508% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7835 | −0.432% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | −0.330% | $264K | $141K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7835 | −0.430% | $85K | $528K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7839 | −0.383% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7843 | −0.331% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7841 | −0.356% | $1.5M | $820K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0232% | 1h | 0.7869 | long leg | $208K | $572K | 50x | |
| Reya APTRUSDPERP | +0.0473% | 1h | 0.7834 | −0.443% | $3K | — | 20x | as long as short |
| Kraken Futures PF_APTUSD | +0.0480% | 1h | 0.7846 | −0.296% | $541K | $642K | 50x | as long as short |
| 01 Exchange APTUSD | +0.3704% | 1h | 0.7884 | +0.191% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
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
Reya APTRUSDPERP
Kraken Futures PF_APTUSD
01 Exchange APTUSD