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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−2.885%−$289 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.77000get 0.0000% / 1h44m 41s$17K$428K50x
ShortBingX APT-USDC0.76910.0100get 0.0100% / 8h5h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 19 min ago11.00 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago1.30 bp17.5 bp −$1741.8 bp −$418281.2 bp −$28.1K655.3 bp −$327.7K

APT on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7695−0.064%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong0.0000%1h0.7700long leg$17K$428K50x
Orderly PERP_APT_USDC+0.0004%8h0.7699−0.013%$10K$7K10xas long as short
Variational Omni APT+0.0015%8h0.7700+0.002%$498K$310Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.039%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7691−0.117%$414K$413K10xas long as short
Hyperliquid APT+0.0100%1h0.7696−0.052%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7691−0.117%$100K$940K20xas long as short
Binance APTUSDT+0.0100%8h0.7692−0.099%$28.3M$104.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7690−0.130%$27.9M$37.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7692−0.104%$5.8M$24.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7688−0.156%$2.6M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7693−0.091%$29.1M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7689−0.143%$5.2M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7693−0.091%$8.5M$12.5M75xas long as short
BingX APT-USDCshort+0.0100%8h0.7691−0.117%$6.5M
Backpack APT_USDC_PERP+0.0100%1h0.7697−0.039%$193K$372K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7690−0.130%$63K$576K50xas long as short
SunX APT-USDT+0.0100%8h0.7679−0.273%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7698−0.026%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7696−0.052%$260K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7686−0.179%$79K$487K25xas long as short
Aevo APT-PERP+0.0104%1h0.7700−0.003%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7693−0.084%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7691−0.117%$948K75xas long as short
Kraken Futures PF_APTUSD+0.0257%1h0.7703+0.035%$527K$627K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7739+0.506%$203K$531K50xas long as short
Reya APTRUSDPERP+0.0480%1h0.7699−0.019%$3K20xas long as short
dYdX APT-USD+0.0873%1h0.7696−0.057%$54K$6K10xas long as short
01 Exchange APTUSD+0.4376%1h0.7805+1.364%$2K5xas long as short