Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.027%

Price spread now: Binance against gTrade (Gains Network)−0.059%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Binance is 0.059% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) APT/USD	0.7706	L −0.0004% / S +0.0005%	get 0.0001% / 1h	51m 28s	$21K	—	150x
Short	Binance APTUSDT	0.7701	0.0100	get 0.0100% / 8h	2h 51m	$28.4M	$96.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.059%Rate

Funding earned: $21.86
Price spread: −0.059% → 0.000%: −$5.88
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.02
Costs to cover: 0.200%
Break-even: 8.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago	0.65 bp	10.3 bp −$10	20.3 bp −$203	80.7 bp −$8,075	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
01 Exchange APTUSD	−0.0488%	1h	0.7692	−0.176%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0367%	1h	0.7708	+0.037%	$533K	$608K	50x	as long as short
Variational Omni APT	−0.0122%	8h	0.7702	−0.040%	$603K	$223K	—	as long as short
Orderly PERP_APT_USDC	−0.0019%	8h	0.7709	+0.045%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	−0.0016%	1h	0.7650	−0.721%	$2K	$169K	12x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0009%	1h	0.7710	+0.058%	$16K	$330K	50x	as long as short
gTrade (Gains Network) APT/USDlong	L −0.0004% / S +0.0005%	1h	0.7706	long leg	$21K	—	150x
Bybit APTUSDT	+0.0050%	8h	0.7697	−0.111%	$28.7M	$35.5M	50x	as long as short
Lighter APT	+0.0096%	1h	0.7698	−0.098%	$422K	$343K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7710	+0.058%	$5.8M	$5.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster APTUSDT	+0.0100%	8h	0.7709	+0.045%	$300K	$451K	20x	as long as short
Binance APTUSDTshort	+0.0100%	8h	0.7701	−0.059%	$28.4M	$96.1M	75x
OKX APT-USDT-SWAP	+0.0100%	8h	0.7700	−0.072%	$6.1M	$22.8M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7703	−0.033%	$2.7M	$4.6M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7699	−0.085%	$27.6M	$14.4M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7699	−0.085%	$5.5M	$12.0M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7699	−0.085%	$9.0M	$12.2M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7702	−0.046%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7712	+0.084%	$195K	$369K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7730	+0.318%	$64K	$575K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7697	−0.111%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7709	+0.045%	$58	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7705	−0.007%	$260K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7695	−0.132%	$82K	$479K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7714	+0.109%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7704	−0.022%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7720	+0.188%	$1.5M	$764K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0280%	1h	0.7726	+0.266%	$208K	$536K	50x	as long as short
dYdX APT-USD	+0.0446%	1h	0.7707	+0.019%	$54K	$5K	10x	as long as short
Reya APTRUSDPERP	+0.0462%	1h	0.7703	−0.039%	$3K	—	20x	as long as short