Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.261%

Price spread now: Binance against dYdX−0.127%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.914%−$91 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.127% cheaper against dYdX than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.914%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX APT-USD	0.7726	0	get 0.0000% / 1h	54m 23s	$54K	$6K	10x
Short	Binance APTUSDT	0.7716	0.0100	get 0.0100% / 8h	6h 54m	$28.9M	$105.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee dYdXbpFee BinancebpOrdersPrice spread, now −0.127%Rate

Funding earned: $21
Price spread: −0.127% → 0.000%: −$12.72
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.72
Costs to cover: 0.200%
Break-even: 10.9 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 3 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 Binance live order book, 3 min ago	1.29 bp	9.9 bp −$10	21.1 bp −$211	72.2 bp −$7,223	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
Variational Omni APT	−0.0006%	8h	0.7720	−0.072%	$500K	$331K	—	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7716	−0.123%	$39K	—	150x	as long as short
Orderly PERP_APT_USDC	−0.0004%	8h	0.7729	+0.041%	$10K	$7K	10x	as long as short
dYdX APT-USDlong	0.0000%	1h	0.7726	long leg	$54K	$6K	10x
Deribit APT_USDC-PERPETUAL	+0.0009%	1h	0.7727	+0.015%	$12K	$418K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+0.701%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7723	−0.037%	$414K	$405K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7716	−0.127%	$5.6M	$6.0M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7716	−0.123%	$243K	$597K	20x	as long as short
Binance APTUSDTshort	+0.0100%	8h	0.7716	−0.127%	$28.9M	$105.1M	75x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit APTUSDT	+0.0100%	8h	0.7717	−0.114%	$28.1M	$37.8M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7726	+0.002%	$5.8M	$24.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7715	−0.140%	$2.7M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7709	−0.218%	$27.9M	$15.0M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7708	−0.231%	$5.4M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7729	+0.041%	$8.6M	$12.8M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7717	−0.114%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7716	−0.127%	$194K	$380K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7780	+0.701%	$63K	$574K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7728	+0.028%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7740	+0.183%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7745	+0.248%	$260K	$127K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7732	+0.083%	$83K	$489K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7733	+0.096%	$28K	$5K	3x	as long as short
Kraken Futures PF_APTUSD	+0.0138%	1h	0.7751	+0.328%	$528K	$642K	50x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7722	−0.056%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7720	−0.076%	$1.5M	$952K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0272%	1h	0.7729	+0.041%	$203K	$534K	50x	as long as short
Reya APTRUSDPERP	+0.0476%	1h	0.7709	−0.213%	$3K	—	20x	as long as short
01 Exchange APTUSD	+0.3592%	1h	0.7816	+1.167%	$2K	—	5x	as long as short