Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.099%
Price spread now: OKX against Coinbase International−0.353%7-day average −0.220% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
Funding, last 7 days−0.457%−$46 on $10k
+Price spread, last 3 days (all we have)−0.481%−$48 · spread now −0.353%, 7d avg −0.220%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.133% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.220%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7930 | 0.0232 | pay 0.0029% / 1h | 18m 30s | $209K | $549K | 50x |
| Short | OKX APT-USDT-SWAP | 0.7902 | 0.0100 | get 0.0100% / 8h | 7h 18m | $6.1M | $24.9M | 50x |
Coinbase International APT-PERP-INTX
OKX APT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.353% → −0.220%
- −$13.34
- Slippage, 4 orders
- −$94.16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$155.22
- Costs to cover
- 1.142%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 55 min ago; OKX: live order book, 5 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, 55 min ago | 15.06 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.63 bp | 10.6 bp −$11 | 41.9 bp −$419 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0027% | 8h | 0.7923 | −0.086% | $518K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0004% | 8h | 0.7933 | +0.038% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7935 | +0.066% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7935 | +0.063% | $13K | $418K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −1.892% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7911 | −0.240% | $424K | $406K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7917 | −0.164% | $6.2M | $5.7M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7922 | −0.098% | $298K | $491K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7902 | −0.353% | $29.9M | $103.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7897 | −0.416% | $29.2M | $37.2M | 50x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Hyperliquid 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-SWAPshort | +0.0100% | 8h | 0.7902 | −0.353% | $6.1M | $24.9M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7896 | −0.429% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7894 | −0.454% | $28.9M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7913 | −0.214% | $5.5M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7900 | −0.378% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7897 | −0.416% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7927 | −0.038% | $200K | $378K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7930 | 0.000% | $64K | $572K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7916 | −0.177% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7919 | −0.139% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7946 | +0.202% | $267K | $128K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7896 | −0.434% | $81K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7926 | −0.053% | $29K | $5K | 3x | as long as short |
| dYdX APT-USD | +0.0149% | 1h | 0.7894 | −0.449% | $55K | $6K | 10x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7940 | +0.120% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7924 | −0.076% | $1.5M | $894K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0232% | 1h | 0.7930 | long leg | $209K | $549K | 50x | |
| Reya APTRUSDPERP | +0.0475% | 1h | 0.7905 | −0.316% | $3K | — | 20x | as long as short |
| Kraken Futures PF_APTUSD | +0.0475% | 1h | 0.7919 | −0.137% | $543K | $640K | 50x | as long as short |
| 01 Exchange APTUSD | +0.1496% | 1h | 0.7914 | −0.202% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
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
dYdX APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Reya APTRUSDPERP
Kraken Futures PF_APTUSD
01 Exchange APTUSD