Funding you earn now, next payment 22:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.052%
Price spread now: MEXC against Deribit−0.091%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 3 days (all we have)−1.439%−$144 · spread now −0.091%, 7d avg −0.035%
=Funding pays, the price is against you. MEXC is 0.056% cheaper against Deribit than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.035%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.118% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7713 | −0.0139 | get 0.0017% / 1h | 45m 22s | $16K | $328K | 50x |
| Short | MEXC APT_USDT | 0.7706 | 0.0100 | get 0.0100% / 8h | 2h 45m | $27.7M | $14.4M | 200x |
Deribit APT_USDC-PERPETUAL
MEXC APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $50.19
- Price spread: −0.091% → −0.035%
- −$5.55
- Slippage, 4 orders
- −$30.57
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $7.07
- Costs to cover
- 0.376%
- Break-even
- 6.0 days
Slippage from Deribit: live order book, 43 min ago; MEXC: live order book, 3 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, 43 min ago | 12.23 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.65 bp | 3.2 bp −$3 | 13.3 bp −$133 | 60.4 bp −$6,044 | 80.5 bp −$40.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0552% | 1h | 0.7694 | −0.246% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0367% | 1h | 0.7711 | −0.022% | $531K | $608K | 50x | as long as short |
| Deribit APT_USDC-PERPETUALlong | −0.0139% | 1h | 0.7713 | long leg | $16K | $328K | 50x | |
| Variational Omni APT | −0.0116% | 8h | 0.7706 | −0.097% | $605K | $222K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0019% | 8h | 0.7712 | −0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7650 | −0.817% | $2K | $169K | 12x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7712 | −0.008% | $21K | — | 150x | as long as short |
| Bybit APTUSDT | +0.0056% | 8h | 0.7709 | −0.052% | $28.7M | $35.3M | 50x | as long as short |
| Backpack APT_USDC_PERP | +0.0059% | 1h | 0.7714 | +0.013% | $195K | $365K | 20x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7708 | −0.065% | $423K | $343K | 10x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Bybit APTUSDT
Backpack APT_USDC_PERP
Lighter APTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid APT | +0.0100% | 1h | 0.7716 | +0.039% | $5.8M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7711 | −0.024% | $300K | $451K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7711 | −0.028% | $28.5M | $95.8M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7714 | +0.013% | $6.1M | $22.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7711 | −0.026% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7706 | −0.091% | $27.7M | $14.4M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7705 | −0.104% | $5.5M | $12.0M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7707 | −0.078% | $9.0M | $12.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7711 | −0.026% | — | $6.5M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | +0.091% | $64K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7699 | −0.182% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7711 | −0.026% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7712 | −0.013% | $261K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7710 | −0.035% | $82K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7710 | −0.039% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7714 | +0.018% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7714 | +0.013% | $1.5M | $763K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7726 | +0.169% | $208K | $535K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0462% | 1h | 0.7709 | −0.058% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0527% | 1h | 0.7714 | +0.013% | $54K | $5K | 10x | as long as short |
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
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
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD