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+0.0209%/8h= +22.9% APRpaid last 24h +0.091%
Price spread now: BloFin against Deribit−0.052%57s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.385%+$39 on $10k
Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.052%, 7d avg +0.018%
Together, before fees+0.530%+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.071% cheaper against Deribit than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.018%). If the spread goes back, that is −$7 on $10k: about 27 hours of funding at the current rate (+$6 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.76660.0011pay 0.0001% / 1h31m 53s$7K$515K50x
ShortBloFin APT-USDT0.76620.0220get 0.0220% / 8h3h 31m$1.4M$953K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$43.89
Price spread: −0.052% → +0.018%
−$7.07
Slippage, 4 orders
−$28.27
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.44
Costs to cover
0.473%
Break-even
8.7 days
Slippage from Deribit: live order book, 22 min ago; BloFin: live order book, 6 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, 22 min ago5.83 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.96 bp13.9 bp −$1421.8 bp −$21854.9 bp −$5,487doesn't fit

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%1h0.7661−0.065%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong+0.0011%1h0.7666long leg$7K$515K50x
Orderly PERP_APT_USDC+0.0018%8h0.7663−0.039%$10K$7K10xas long as short
Variational Omni APT+0.0022%8h0.7653−0.167%$511K$416Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.487%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7660−0.078%$408K$422K10xas long as short
Hyperliquid APT+0.0100%1h0.7667+0.013%$5.2M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7658−0.106%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7663−0.045%$27.8M$106.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7663−0.039%$27.2M$39.8M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7668+0.026%$5.7M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7664−0.026%$2.6M$5.0M75xas long as short
MEXC APT_USDT+0.0100%8h0.7660−0.078%$29.0M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7659−0.091%$5.0M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7663−0.039%$8.7M$13.0M75xas long as short
BingX APT-USDC+0.0100%8h0.7665−0.013%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.76660.000%$178K$383K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7660−0.078%$61K$579K50xas long as short
SunX APT-USDT+0.0100%8h0.7649−0.222%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7663−0.039%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7657−0.117%$250K$149K50xas long as short
Extended APT-USD+0.0104%1h0.7656−0.127%$79K$428K25xas long as short
Aevo APT-PERP+0.0104%1h0.7660−0.078%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7663−0.035%$16K100xas long as short
BloFin APT-USDTshort+0.0220%8h0.7662−0.052%$1.4M$953K75x
Kraken Futures PF_APTUSD+0.0250%1h0.7665−0.009%$532K$637K50xas long as short
Coinbase International APT-PERP-INTX+0.0312%1h0.7665−0.013%$221K$459K50xas long as short
dYdX APT-USD+0.0480%1h0.7660−0.082%$54K$6K10xas long as short
Reya APTRUSDPERP+0.0488%1h0.7661−0.062%$3K20xas long as short
01 Exchange APTUSD+0.4912%1h0.7788+1.591%$2K5xas long as short