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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0499%/8h= +54.6% APRpaid last 24h +0.057%
Price spread now: SunX against Deribit−0.182%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2462.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 3 days (all we have)+0.278%+$28 · spread now −0.182%, 7d avg −0.163%
Together, before fees+0.512%+$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.163%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.234% in total (about 13.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.7703−0.0399get 0.0050% / 1h48m 38s$16K$330K50x
ShortSunX APT-USDT0.76890.0100get 0.0100% / 8h2h 48m$6K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$104.79
Price spread: −0.182% → −0.163%
−$1.84
Slippage, 4 orders
−$230.88
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$142.93
Costs to cover
2.459%
Break-even
16.5 days
Slippage from Deribit: live order book, 40 min ago; SunX: 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, 40 min ago12.23 bp15.7 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago30.56 bp112.7 bp −$113doesn't fitdoesn't fitdoesn'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
01 Exchange APTUSD−0.0520%1h0.7695−0.104%$2K5xas long as short
Deribit APT_USDC-PERPETUALlong−0.0399%1h0.7703long leg$16K$330K50x
Kraken Futures PF_APTUSD−0.0367%1h0.7702−0.014%$530K$610K50xas long as short
Variational Omni APT−0.0117%8h0.7697−0.084%$604K$223Kas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7705+0.026%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.688%$2K$169K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7708+0.070%$21K150xas long as short
Bybit APTUSDT+0.0057%8h0.7704+0.013%$28.7M$35.5M50xas long as short
Backpack APT_USDC_PERP+0.0083%1h0.7708+0.065%$195K$366K20xas long as short
Lighter APT+0.0096%1h0.7711+0.104%$423K$343K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid APT+0.0100%1h0.7719+0.208%$5.8M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7716+0.171%$300K$451K20xas long as short
Binance APTUSDT+0.0100%8h0.7708+0.065%$28.5M$96.0M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7708+0.065%$6.1M$22.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7710+0.091%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7709+0.078%$27.7M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7707+0.052%$5.5M$12.0M50xas long as short
Bitget APTUSDT+0.0100%8h0.7704+0.013%$9.0M$12.1M75xas long as short
BingX APT-USDT+0.0100%8h0.7709+0.078%$27.4Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7710+0.091%$64K$575K50xas long as short
SunX APT-USDTshort+0.0100%8h0.7689−0.182%$6K$1.4M20x
SoDEX APT-USD+0.0100%1h0.77030.000%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7709+0.078%$260K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7707+0.047%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7707+0.049%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7706+0.038%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7701−0.026%$1.5M$762K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7726+0.299%$208K$535K50xas long as short
Reya APTRUSDPERP+0.0462%1h0.7704+0.010%$3K20xas long as short
dYdX APT-USD+0.0483%1h0.7711+0.104%$54K$5K10xas long as short