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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1272%/8h= −139.2% APRnext payment $1.59 per $10,000 · paid last 24h −0.270%
Price spread now: ApeX Omni against dYdX+0.154%50s7-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 7 days−0.792%−$79 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.154% dearer against dYdX than usual: you sell high and buy low (spread +0.154% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.792% in total) that is about 33 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.792% in total (about -41.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APT-USD0.78980.1372pay 0.0171% / 1h55m 55s$55K$5K10x
ShortApeX Omni APTUSDT0.79100.0100get 0.0013% / 1h55m 55s$66K$569K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
−$267.05
Price spread: +0.154% → 0.000%
$15.43
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$271.62
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 22 min ago. 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 dYdX no order-book sample
Sell ApeX Omni live order book, 22 min ago12.74 bp25.3 bp −$25184.0 bp −$1,840doesn't fitdoesn't fit
dYdX: 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−0.0424%1h0.7891−0.086%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0403%1h0.7896−0.023%$545K$635K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0130%1h0.7890−0.099%$6K$397K50xas long as short
Variational Omni APT−0.0063%8h0.7887−0.131%$619K$214Kas long as short
Orderly PERP_APT_USDC−0.0016%8h0.7889−0.112%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7892−0.078%$21K150xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−1.492%$2K$241K12xas long as short
Lighter APT+0.0096%1h0.7891−0.086%$432K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7900+0.028%$6.0M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7892−0.075%$307K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7892−0.076%$29.2M$98.2M75xas long as short
Bybit APTUSDT+0.0100%8h0.7886−0.150%$29.5M$35.7M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7890−0.099%$6.3M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7890−0.099%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7890−0.099%$28.6M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7893−0.061%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7891−0.086%$9.0M$12.4M75xas long as short
BingX APT-USDC+0.0100%8h0.7890−0.099%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7897−0.010%$197K$370K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7910+0.154%$66K$569K50x
SunX APT-USDT+0.0100%8h0.7881−0.213%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7891−0.086%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7899+0.015%$267K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7891−0.084%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7892−0.078%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7892−0.068%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7885−0.162%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTX+0.0240%1h0.7898+0.002%$209K$563K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7886−0.146%$3K20xas long as short
dYdX APT-USDlong+0.1372%1h0.7898long leg$55K$5K10x