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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: MEXC against Coinbase International−0.172%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.430%−$43 on $10k
Price spread, last 4 days (all we have)−0.796%−$80 · spread now −0.172%, 7d avg −0.155%
Together, before fees−1.226%−$123 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.155%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APT-PERP-INTX0.75500.0320pay 0.0040% / 1h39m 51s$218K$455K50x
ShortMEXC APT_USDT0.75370.0100get 0.0100% / 8h2h 39m$29.7M$15.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$46.2
Price spread: −0.172% → −0.155%
−$1.72
Slippage, 4 orders
−$64.26
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$122.18
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 8 min ago; MEXC: live order book, 4 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, 8 min ago11.82 bp43.5 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.66 bp3.4 bp −$312.3 bp −$12353.1 bp −$5,30671.8 bp −$35.9K

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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7535−0.193%$20K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7539−0.146%$16K$566K50xas long as short
Variational Omni APT+0.0004%8h0.7549−0.015%$505K$416Kas long as short
Orderly PERP_APT_USDC+0.0018%8h0.7539−0.146%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+3.046%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7536−0.185%$402K$425K10xas long as short
Hyperliquid APT+0.0100%1h0.7542−0.106%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7539−0.145%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7537−0.167%$27.2M$107.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7529−0.278%$26.7M$41.0M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7532−0.238%$5.6M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7530−0.265%$2.6M$5.0M75xas long as short
MEXC APT_USDTshort+0.0100%8h0.7537−0.172%$29.7M$15.2M200x
KuCoin APTUSDTM+0.0100%8h0.7537−0.172%$4.9M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7539−0.146%$8.5M$13.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7532−0.238%$26.2Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7545−0.066%$187K$360K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7580+0.397%$60K$579K50xas long as short
SunX APT-USDT+0.0100%8h0.7530−0.265%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7539−0.146%$99$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7555+0.066%$247K$149K50xas long as short
Extended APT-USD+0.0104%1h0.7532−0.244%$80K$586K25xas long as short
Aevo APT-PERP+0.0104%1h0.7539−0.147%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7539−0.143%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0220%1h0.7538−0.164%$523K$625K50xas long as short
BloFin APT-USDT+0.0220%8h0.7545−0.066%$1.4M$964K75xas long as short
Coinbase International APT-PERP-INTXlong+0.0320%1h0.7550long leg$218K$455K50x
Reya APTRUSDPERP+0.0492%1h0.7536−0.186%$3K20xas long as short
dYdX APT-USD+0.0770%1h0.7540−0.137%$53K$6K10xas long as short
01 Exchange APTUSD+0.6768%1h0.7724+2.305%$2K5xas long as short