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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.044%
Price spread now: Orderly against Deribit+0.038%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Orderly is 0.038% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.7831−0.0261get 0.0033% / 1h40m 35s$7K$372K50x
ShortOrderly PERP_APT_USDC0.7834−0.0021pay 0.0021% / 8h1h 40m$10K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$50.41
Price spread: +0.038% → 0.000%
$3.83
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$41.25
Costs to cover
0.130%
Break-even
1.3 days
Slippage unknown: Deribit: live order book, 43 min ago; Orderly: no order-book sample. Net counts fees only.

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, 43 min ago7.66 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange APTUSD−0.0520%1h0.7829−0.026%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0424%1h0.7829−0.029%$534K$627K50xas long as short
Deribit APT_USDC-PERPETUALlong−0.0261%1h0.7831long leg$7K$372K50x
Variational Omni APT−0.0083%8h0.7793−0.488%$611K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.651%$2K$241K12xas long as short
Orderly PERP_APT_USDCshort−0.0021%8h0.7834+0.038%$10K$7K10x
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7840+0.110%$22K150xas long as short
Lighter APT+0.0096%1h0.7832+0.013%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7845+0.179%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7834+0.038%$304K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7834+0.038%$28.9M$97.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7829−0.026%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7835+0.051%$6.2M$23.4M50xas long as short
Gate APT_USDT+0.0100%8h0.7830−0.013%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7830−0.013%$27.9M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7827−0.051%$5.5M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7836+0.064%$8.9M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7833+0.026%$26.2Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7832+0.013%$200K$361K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7820−0.140%$65K$567K50xas long as short
SunX APT-USDT+0.0100%8h0.7825−0.077%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7828−0.038%$64$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7843+0.153%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7829−0.029%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7835+0.056%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7839+0.098%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7833+0.026%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7854+0.294%$208K$555K50xas long as short
Reya APTRUSDPERP+0.0466%1h0.7835+0.054%$3K20xas long as short
dYdX APT-USD+0.0642%1h0.7832+0.012%$55K$5K10xas long as short