Funding you earn now, next payment 22:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.065%
Price spread now: Bitget against Coinbase International−0.229%7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1041.045% of the position
Funding, last 7 days−0.355%−$36 on $10k
+Price spread, last 3 days (all we have)−1.045%−$105 · spread now −0.229%, 7d avg −0.197%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.197%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7854 | 0.0288 | pay 0.0036% / 1h | 41m 41s | $208K | $555K | 50x |
| Short | Bitget APTUSDT | 0.7836 | 0.0100 | get 0.0100% / 8h | 1h 41m | $8.9M | $12.2M | 75x |
Coinbase International APT-PERP-INTX
Bitget APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$39.48
- Price spread: −0.229% → −0.197%
- −$3.27
- Slippage, 4 orders
- −$82.48
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$147.23
- Costs to cover
- 1.045%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 41 min ago; Bitget: 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, 41 min ago | 12.13 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.28 bp | 12.9 bp −$13 | 16.4 bp −$164 | 69.2 bp −$6,920 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0568% | 1h | 0.7840 | −0.178% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7842 | −0.155% | $535K | $627K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0132% | 1h | 0.7845 | −0.115% | $7K | $372K | 50x | as long as short |
| Variational Omni APT | −0.0083% | 8h | 0.7793 | −0.780% | $611K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.942% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0022% | 8h | 0.7843 | −0.140% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7845 | −0.118% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7839 | −0.191% | $430K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7849 | −0.064% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7845 | −0.115% | $305K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7843 | −0.146% | $28.9M | $97.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7837 | −0.216% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7843 | −0.140% | $6.2M | $23.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7841 | −0.166% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7837 | −0.216% | $28.0M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7835 | −0.242% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDTshort | +0.0100% | 8h | 0.7836 | −0.229% | $8.9M | $12.2M | 75x | |
| BingX APT-USDC | +0.0100% | 8h | 0.7837 | −0.216% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7843 | −0.140% | $200K | $361K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7820 | −0.433% | $65K | $567K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7832 | −0.280% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7842 | −0.153% | $59 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7813 | −0.522% | $263K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7834 | −0.256% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7842 | −0.149% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7845 | −0.119% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7839 | −0.191% | $1.5M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0288% | 1h | 0.7854 | long leg | $208K | $555K | 50x | |
| Reya APTRUSDPERP | +0.0466% | 1h | 0.7843 | −0.137% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0618% | 1h | 0.7844 | −0.127% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDC
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
dYdX APT-USD