Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.120%
Price spread now: Coinbase International against Deribit+0.341%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days+0.563%+$56 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.341%, 7d avg +0.122%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.219% dearer against Deribit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7633 | 0 | get 0.0000% / 1h | 13m 07s | $4K | $540K | 50x |
| Short | Coinbase International APT-PERP-INTX | 0.7659 | 0.0312 | get 0.0039% / 1h | 13m 07s | $220K | $461K | 50x |
Deribit APT_USDC-PERPETUAL
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $65.52
- Price spread: +0.341% → +0.122%
- $21.87
- Slippage, 4 orders
- −$47.81
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $22.58
- Costs to cover
- 0.648%
- Break-even
- 4.6 days
Slippage from Deribit: live order book, 41 min ago; Coinbase International: live order book, 40 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, 41 min ago | 5.83 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 40 min ago | 6.48 bp | 24.5 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7634 | +0.012% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALlong | 0.0000% | 1h | 0.7633 | long leg | $4K | $540K | 50x | |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7630 | −0.039% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0019% | 8h | 0.7627 | −0.076% | $509K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.926% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7631 | −0.026% | $407K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7637 | +0.052% | $5.1M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7628 | −0.071% | $94K | $957K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7634 | +0.015% | $27.6M | $106.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7629 | −0.052% | $27.2M | $40.4M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
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-SWAP | +0.0100% | 8h | 0.7632 | −0.013% | $5.7M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7635 | +0.026% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7633 | 0.000% | $29.5M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7634 | +0.013% | $5.0M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7633 | 0.000% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7632 | −0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7637 | +0.052% | $172K | $389K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | +0.092% | $61K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7622 | −0.144% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7631 | −0.026% | $88 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7636 | +0.039% | $249K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7627 | −0.084% | $79K | $463K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7628 | −0.067% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7634 | +0.011% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7637 | +0.052% | $1.4M | $965K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0252% | 1h | 0.7631 | −0.030% | $530K | $627K | 50x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0312% | 1h | 0.7659 | +0.341% | $220K | $461K | 50x | |
| Reya APTRUSDPERP | +0.0490% | 1h | 0.7633 | −0.002% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0709% | 1h | 0.7629 | −0.046% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5280% | 1h | 0.7773 | +1.834% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
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
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD