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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.058%
Price spread now: SunX against Coinbase International−1.127%7-day average −0.279% · you buy dearer than you sell
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$3053.048% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.321%−$32 on $10k
Price spread, last 3 days (all we have)+0.868%+$87 · spread now −1.127%, 7d avg −0.279%
Together, before fees+0.547%+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.848% cheaper against Coinbase International than usual: you would sell low and buy high (−$85 if the spread goes back to its 7-day average of −0.279%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APT-PERP-INTX0.78090.0272pay 0.0034% / 1h7m 39s$205K$537K50x
ShortSunX APT-USDT0.77210.0100get 0.0100% / 8h6h 07m$5K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$36.12
Price spread: −1.127% → −0.279%
−$84.77
Slippage, 4 orders
−$286.78
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$425.67
Costs to cover
3.048%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 61 min ago; SunX: live order book, 7 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, 61 min ago11.36 bp51.5 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago30.30 bp113.0 bp −$113doesn't fitdoesn't fitdoesn't fit

APT on 29 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%1h0.7729−1.023%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7731−0.999%$12K$418K50xas long as short
Orderly PERP_APT_USDC+0.0002%8h0.7731−0.999%$10K$7K10xas long as short
Variational Omni APT+0.0008%8h0.7758−0.651%$506K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.371%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7729−1.024%$414K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.7736−0.935%$5.5M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7726−1.058%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7730−1.009%$28.5M$106.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7727−1.050%$28.1M$38.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7726−1.063%$5.8M$24.6M50xas long as short
Gate APT_USDT+0.0100%8h0.7731−0.999%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7729−1.024%$29.3M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727−1.050%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7727−1.050%$8.6M$12.7M75xas long as short
BingX APT-USDC+0.0100%8h0.7726−1.063%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7736−0.935%$192K$390K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760−0.627%$63K$574K50xas long as short
SunX APT-USDTshort+0.0100%8h0.7721−1.127%$5K$1.5M20x
SoDEX APT-USD+0.0100%1h0.7731−0.999%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758−0.653%$261K$124K50xas long as short
Extended APT-USD+0.0104%1h0.7725−1.072%$83K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7729−1.027%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7739−0.901%$527K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7732−0.985%$17K100xas long as short
dYdX APT-USD+0.0264%1h0.7732−0.980%$54K$6K10xas long as short
Coinbase International APT-PERP-INTXlong+0.0272%1h0.7809long leg$205K$537K50x
Reya APTRUSDPERP+0.0479%1h0.7726−1.069%$3K20xas long as short
01 Exchange APTUSD+0.2352%1h0.7820+0.141%$2K5xas long as short