Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Backpack against gTrade (Gains Network)+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Backpack is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) APT/USD | 0.7689 | L −0.0004% / S +0.0005% | get 0.0001% / 1h | 54m 33s | $21K | — | 150x |
| Short | Backpack APT_USDC_PERP | 0.7691 | 0.0100 | get 0.0013% / 1h | 54m 33s | $195K | $378K | 20x |
gTrade (Gains Network) APT/USD
Backpack APT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $21.84
- Price spread: +0.026% → 0.000%
- $2.6
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $4.44
- Costs to cover
- 0.200%
- Break-even
- 5.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 4 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 4 min ago | 1.96 bp | 8.9 bp −$9 | 32.4 bp −$324 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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/USDlong | L −0.0004% / S +0.0005% | 1h | 0.7689 | long leg | $21K | — | 150x | |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7690 | +0.013% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0013% | 8h | 0.7687 | −0.026% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0033% | 8h | 0.7688 | −0.010% | $513K | $415K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.184% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7689 | 0.000% | $411K | $419K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7694 | +0.065% | $5.3M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7691 | +0.026% | $100K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7693 | +0.048% | $28.1M | $105.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7688 | −0.013% | $27.6M | $38.4M | 50x | as long as short |
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
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 | 0.7690 | +0.013% | $5.7M | $24.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7690 | +0.013% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7692 | +0.039% | $28.9M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7689 | 0.000% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7691 | +0.026% | $8.6M | $12.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7688 | −0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPshort | +0.0100% | 1h | 0.7691 | +0.026% | $195K | $378K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | −0.247% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7678 | −0.143% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7689 | 0.000% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7699 | +0.130% | $260K | $118K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7686 | −0.043% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7689 | −0.002% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7685 | −0.047% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7694 | +0.065% | $1.4M | $947K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0315% | 1h | 0.7689 | −0.001% | $532K | $637K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7698 | +0.117% | $222K | $494K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0483% | 1h | 0.7686 | −0.038% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0580% | 1h | 0.7689 | −0.004% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4640% | 1h | 0.7784 | +1.236% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD