Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.032%

Price spread now: BloFin against Extended−0.151%74s7-day average +0.148% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.483% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 4 days (all we have)+1.913%+$191 · spread now −0.151%, 7d avg +0.148%

Together, before fees+2.159%+ Points / potential airdropExtended: Active · farm board+$216 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.299% cheaper against Extended than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.148%). If the spread goes back, that is −$30 on $10k: about 8.6 days of funding at the current rate (+$3 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended APT-USD	0.7665	0.0104	pay 0.0013% / 1h	3m 56s	$82K	$490K	25x
Short	BloFin APT-USDT	0.7653	0.0220	get 0.0220% / 8h	4h 03m	$1.4M	$945K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now −0.151%Rate

Funding earned: $24.36
Price spread: −0.151% → +0.148%: −$29.85
Slippage, 4 orders: −$31.33
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$53.82
Costs to cover: 0.483%
Break-even: 22.5 days

Slippage from Extended: live order book, 54 min ago; BloFin: live order book, 4 min ago.

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 Extended live order book, 54 min ago	3.27 bp	12.8 bp −$13	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.65 bp	13.4 bp −$13	16.9 bp −$169	37.3 bp −$3,729	doesn't fit

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	0.7658	−0.087%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7661	−0.047%	$8K	$497K	50x	as long as short
Orderly PERP_APT_USDC	+0.0018%	8h	0.7657	−0.099%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+1.506%	$2K	$240K	12x	as long as short
Variational Omni APT	+0.0034%	8h	0.7648	−0.214%	$510K	$415K	—	as long as short
Lighter APT	+0.0096%	1h	0.7670	+0.071%	$409K	$423K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7675	+0.136%	$5.2M	$6.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7663	−0.017%	$96K	$961K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7668	+0.039%	$28.1M	$106.8M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7665	+0.006%	$27.3M	$39.7M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7669	+0.058%	$5.7M	$24.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7666	+0.019%	$2.6M	$4.9M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7669	+0.058%	$28.7M	$15.3M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7669	+0.058%	$5.0M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7666	+0.019%	$8.5M	$12.8M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7668	+0.045%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7674	+0.123%	$189K	$379K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7670	+0.071%	$62K	$579K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7647	−0.229%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7661	−0.047%	$75	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7673	+0.110%	$259K	$116K	50x	as long as short
Extended APT-USDlong	+0.0104%	1h	0.7665	long leg	$82K	$490K	25x
Aevo APT-PERP	+0.0104%	1h	0.7655	−0.125%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0136% / S −0.0090%	1h	0.7662	−0.039%	$16K	—	100x	as long as short
BloFin APT-USDTshort	+0.0220%	8h	0.7653	−0.151%	$1.4M	$945K	75x
Kraken Futures PF_APTUSD	+0.0316%	1h	0.7673	+0.114%	$532K	$640K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0328%	1h	0.7670	+0.071%	$220K	$461K	50x	as long as short
Reya APTRUSDPERP	+0.0486%	1h	0.7658	−0.088%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0795%	1h	0.7651	−0.183%	$54K	$6K	10x	as long as short
01 Exchange APTUSD	+0.5064%	1h	0.7783	+1.545%	$2K	—	5x	as long as short