Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.059%
Price spread now: BingX against Deribit−0.117%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$640.645% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)−3.090%−$309 · spread now −0.117%, 7d avg −0.058%
=Funding pays, the price is against you. BingX is 0.058% cheaper against Deribit than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.058%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7700 | 0 | get 0.0000% / 1h | 44m 41s | $17K | $428K | 50x |
| Short | BingX APT-USDC | 0.7691 | 0.0100 | get 0.0100% / 8h | 5h 44m | — | $6.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- $21
- Price spread: −0.117% → −0.058%
- −$5.84
- Slippage, 4 orders
- −$47.49
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$49.33
- Costs to cover
- 0.645%
- Break-even
- 23.4 days
Slippage from Deribit: live order book, 19 min ago; BingX: 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 Deribit live order book, 19 min ago | 11.00 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.30 bp | 17.5 bp −$17 | 41.8 bp −$418 | 281.2 bp −$28.1K | 655.3 bp −$327.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7695 | −0.064% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALlong | 0.0000% | 1h | 0.7700 | long leg | $17K | $428K | 50x | |
| Orderly PERP_APT_USDC | +0.0004% | 8h | 0.7699 | −0.013% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0015% | 8h | 0.7700 | +0.002% | $498K | $310K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.039% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7691 | −0.117% | $414K | $413K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7696 | −0.052% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7691 | −0.117% | $100K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7692 | −0.099% | $28.3M | $104.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7690 | −0.130% | $27.9M | $37.7M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7692 | −0.104% | $5.8M | $24.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7688 | −0.156% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7693 | −0.091% | $29.1M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7689 | −0.143% | $5.2M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7693 | −0.091% | $8.5M | $12.5M | 75x | as long as short |
| BingX APT-USDCshort | +0.0100% | 8h | 0.7691 | −0.117% | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7697 | −0.039% | $193K | $372K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | −0.130% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7679 | −0.273% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7698 | −0.026% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7696 | −0.052% | $260K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7686 | −0.179% | $79K | $487K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7700 | −0.003% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7693 | −0.084% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7691 | −0.117% | — | $948K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0257% | 1h | 0.7703 | +0.035% | $527K | $627K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7739 | +0.506% | $203K | $531K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0480% | 1h | 0.7699 | −0.019% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0873% | 1h | 0.7696 | −0.057% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4376% | 1h | 0.7805 | +1.364% | $2K | — | 5x | as long as short |
Deribit APT_USDC-PERPETUAL
BingX APT-USDC
gTrade (Gains Network) APT/USD
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
01 Exchange APTUSD