Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.056%
Price spread now: GMX against Coinbase International−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.102% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.8000 | 0.0240 | pay 0.0030% / 1h | 31m 40s | $213K | $574K | 50x |
| Short | GMX APT/USD [ETH-USDC] | 0.7992 | L +0.0191% / S −0.0143% | get 0.0018% / 1h | 31m 40s | $17K | — | 100x |
Coinbase International APT-PERP-INTX
GMX APT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$20.39
- Price spread: −0.102% → 0.000%
- −$10.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$52.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 46 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 46 min ago | 9.56 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0398% | 1h | 0.7996 | −0.056% | $554K | $637K | 50x | as long as short |
| Variational Omni APT | −0.0043% | 8h | 0.7992 | −0.105% | $520K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.7990 | −0.125% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7991 | −0.108% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7991 | −0.113% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.750% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7983 | −0.213% | $436K | $353K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7989 | −0.134% | $311K | $472K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7985 | −0.186% | $29.8M | $99.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7984 | −0.200% | $29.6M | $36.6M | 50x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7980 | −0.250% | $6.3M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7986 | −0.175% | $2.8M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7986 | −0.175% | $29.1M | $14.8M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7983 | −0.213% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7981 | −0.238% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7985 | −0.188% | — | $25.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7997 | −0.038% | $203K | $368K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7980 | −0.250% | $67K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7977 | −0.288% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7992 | −0.100% | $59 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7982 | −0.225% | $269K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7980 | −0.255% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7990 | −0.127% | $25K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0191% / S −0.0143% | 1h | 0.7992 | −0.102% | $17K | — | 100x | |
| Hyperliquid APT | +0.0192% | 1h | 0.7992 | −0.100% | $6.1M | $5.4M | 10x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7993 | −0.088% | $1.5M | $824K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0240% | 1h | 0.8000 | long leg | $213K | $574K | 50x | |
| 01 Exchange APTUSD | +0.0424% | 1h | 0.8140 | +1.750% | $2K | — | 5x | as long as short |
| Reya APTRUSDPERP | +0.0470% | 1h | 0.7987 | −0.166% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1163% | 1h | 0.7990 | −0.125% | $56K | $6K | 10x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Hyperliquid APT
BloFin APT-USDT
01 Exchange APTUSD
Reya APTRUSDPERP
dYdX APT-USD