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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.065%
Price spread now: Coinbase International against Extended−0.012%7-day average +0.251% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.423%+$42 on $10k
Price spread, last 3 days (all we have)+1.284%+$128 · spread now −0.012%, 7d avg +0.251%
Together, before fees+1.708%+ Points / potential airdropExtended: Active · farm board+$171 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.263% cheaper against Extended than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.251%). If the spread goes back, that is −$26 on $10k: about 4.8 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APT-USD0.78980.0104pay 0.0013% / 1h59m 27s$84K$464K25x
ShortCoinbase International APT-PERP-INTX0.78970.0288get 0.0036% / 1h59m 27s$210K$561K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$38.64
Price spread: −0.012% → +0.251%
−$26.3
Slippage, 4 orders
−$52.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$55.07
Costs to cover
0.674%
Break-even
17.0 days
Slippage from Extended: live order book, 18 min ago; Coinbase International: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 18 min ago1.91 bp11.1 bp −$11108.9 bp −$1,089doesn't fitdoesn't fit
Sell Coinbase International live order book, 19 min ago9.56 bp24.5 bp −$24doesn't fitdoesn't fitdoesn't fit

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−0.0704%1h0.7885−0.164%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0420%1h0.7899+0.013%$545K$635K50xas long as short
Variational Omni APT−0.0063%8h0.7887−0.133%$619K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.493%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0016%8h0.7904+0.077%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7910+0.148%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7898+0.001%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7895−0.037%$432K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7917+0.241%$6.1M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7909+0.146%$308K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7909+0.135%$29.3M$97.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7904+0.077%$29.6M$35.7M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7898+0.001%$6.2M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7908+0.127%$2.8M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7917+0.241%$28.7M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7905+0.089%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7903+0.064%$8.9M$12.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7909+0.140%$25.2Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7901+0.039%$199K$370K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7890−0.101%$66K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7886−0.151%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7896−0.025%$76$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7900+0.026%$267K$138K50xas long as short
Extended APT-USDlong+0.0104%1h0.7898long leg$84K$464K25x
Aevo APT-PERP+0.0104%1h0.7897−0.009%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7911+0.166%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7899+0.013%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTXshort+0.0288%1h0.7897−0.012%$210K$561K50x
Reya APTRUSDPERP+0.0469%1h0.7905+0.086%$3K20xas long as short
dYdX APT-USD+0.0995%1h0.7900+0.024%$55K$5K10xas long as short