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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0380%/8h= −41.6% APRpaid last 24h −0.253%
Price spread now: Bybit against dYdX−0.061%7-day average · you buy dearer than you sell
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−0.963%−$96 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.061% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APT-USD0.76600.0480pay 0.0060% / 1h32m 44s$54K$6K10x
ShortBybit APTUSDT0.76550.0100get 0.0100% / 8h3h 32m$27.2M$39.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$79.85
Price spread: −0.061% → 0.000%
−$6.13
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.98
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago0.65 bp10.0 bp −$1022.0 bp −$22067.9 bp −$6,793doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7660+0.003%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7661+0.017%$10K$7K10xas long as short
Variational Omni APT+0.0022%8h0.7653−0.085%$511K$416Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.571%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7658−0.022%$408K$422K10xas long as short
Hyperliquid APT+0.0100%1h0.7664+0.056%$5.2M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7656−0.050%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7661+0.012%$27.8M$106.6M75xas long as short
Bybit APTUSDTshort+0.0100%8h0.7655−0.061%$27.2M$39.8M50x
OKX APT-USDT-SWAP+0.0100%8h0.7660+0.004%$5.7M$24.8M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7658−0.022%$2.6M$5.0M75xas long as short
MEXC APT_USDT+0.0100%8h0.7661+0.017%$29.0M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7658−0.022%$5.0M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7660+0.004%$8.7M$13.0M75xas long as short
BingX APT-USDT+0.0100%8h0.7659−0.009%$25.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7664+0.056%$178K$383K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7660+0.004%$61K$579K50xas long as short
SunX APT-USDT+0.0100%8h0.7647−0.166%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7663+0.043%$71$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7657−0.035%$250K$149K50xas long as short
Extended APT-USD+0.0104%1h0.7660−0.002%$79K$428K25xas long as short
Aevo APT-PERP+0.0104%1h0.7660+0.004%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7662+0.035%$16K100xas long as short
Deribit APT_USDC-PERPETUAL+0.0141%1h0.7666+0.082%$7K$515K50xas long as short
BloFin APT-USDT+0.0220%8h0.7662+0.030%$1.4M$953K75xas long as short
Kraken Futures PF_APTUSD+0.0250%1h0.7664+0.055%$532K$637K50xas long as short
Coinbase International APT-PERP-INTX+0.0312%1h0.7679+0.252%$221K$460K50xas long as short
dYdX APT-USDlong+0.0480%1h0.7660long leg$54K$6K10x
Reya APTRUSDPERP+0.0488%1h0.7658−0.016%$3K20xas long as short
01 Exchange APTUSD+0.4888%1h0.7788+1.675%$2K5xas long as short