Funding you earn now, next payment 06:00 UTC−0.0941%/8h= −103.0% APRnext payment −$1.18 per $10,000 · paid last 24h −0.223%
Price spread now: Backpack against dYdX+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.789%−$79 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Backpack is 0.032% dearer against dYdX than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.789% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX APT-USD | 0.7650 | 0.1041 | pay 0.0130% / 1h | 0m 58s | $54K | $6K | 10x |
| Short | Backpack APT_USDC_PERP | 0.7652 | 0.0100 | get 0.0013% / 1h | 0m 58s | $189K | $331K | 20x |
dYdX APT-USD
Backpack APT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against dYdX. 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
- −$197.56
- Price spread: +0.032% → 0.000%
- $3.21
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$214.35
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 48 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 48 min ago | 0.66 bp | 7.3 bp −$7 | 26.5 bp −$265 | doesn't fit | doesn'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.| 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 | 0.7646 | −0.046% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7646 | −0.046% | $2K | $582K | 50x | as long as short |
| Variational Omni APT | +0.0004% | 8h | 0.7662 | +0.165% | $491K | $433K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0026% | 8h | 0.7641 | −0.112% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.705% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7646 | −0.046% | $407K | $428K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7652 | +0.032% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7649 | −0.014% | $92K | $949K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7653 | +0.040% | $27.9M | $108.1M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7641 | −0.112% | $27.1M | $41.3M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
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 | 0.7644 | −0.073% | $5.7M | $25.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7650 | +0.006% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7658 | +0.111% | $30.7M | $15.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7644 | −0.073% | $4.9M | $12.0M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7646 | −0.046% | $8.6M | $13.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7646 | −0.046% | — | $26.3M | — | as long as short |
| Backpack APT_USDC_PERPshort | +0.0100% | 1h | 0.7652 | +0.032% | $189K | $331K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7650 | +0.006% | $62K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7631 | −0.242% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7647 | −0.033% | $97 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7656 | +0.084% | $252K | $154K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7642 | −0.100% | $78K | $582K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7649 | −0.009% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7643 | −0.080% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0217% | 1h | 0.7647 | −0.032% | $530K | $625K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7648 | −0.020% | $1.4M | $979K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7675 | +0.333% | $220K | $454K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0494% | 1h | 0.7644 | −0.076% | $3K | — | 20x | as long as short |
| dYdX APT-USDlong | +0.1041% | 1h | 0.7650 | long leg | $54K | $6K | 10x | |
| 01 Exchange APTUSD | +0.6472% | 1h | 0.7759 | +1.431% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD