Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.030%

Price spread now: Bitget against gTrade (Gains Network)−0.055%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 Bitget

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. Bitget is 0.055% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 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	0.7943	L −0.0004% / S +0.0005%	get 0.0001% / 1h	19m 47s	$21K	—	150x
Short	Bitget APTUSDT	0.7939	0.0100	get 0.0100% / 8h	7h 19m	$9.1M	$12.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $21.87
Price spread: −0.055% → 0.000%: −$5.45
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$5.58
Costs to cover: 0.220%
Break-even: 8.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: 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 Bitget live order book, 4 min ago	1.89 bp	13.0 bp −$13	31.6 bp −$316	99.9 bp −$9,992	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
Variational Omni APT	−0.0027%	8h	0.7923	−0.254%	$518K	$322K	—	as long as short
Orderly PERP_APT_USDC	−0.0004%	8h	0.7946	+0.034%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USDlong	L −0.0004% / S +0.0005%	1h	0.7943	long leg	$21K	—	150x
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7947	+0.046%	$13K	$418K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	−2.056%	$2K	$241K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7933	−0.130%	$425K	$406K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7944	+0.008%	$6.2M	$5.7M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7940	−0.038%	$299K	$491K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7933	−0.124%	$30.1M	$103.3M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7924	−0.243%	$29.3M	$37.2M	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	0.7932	−0.143%	$6.1M	$25.1M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7935	−0.105%	$2.8M	$4.9M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7940	−0.042%	$29.0M	$15.1M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7937	−0.080%	$5.5M	$12.3M	50x	as long as short
Bitget APTUSDTshort	+0.0100%	8h	0.7939	−0.055%	$9.1M	$12.6M	75x
BingX APT-USDT	+0.0100%	8h	0.7936	−0.092%	—	$25.6M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7941	−0.029%	$200K	$378K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7930	−0.168%	$64K	$572K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7926	−0.218%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7938	−0.067%	$55	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7953	+0.122%	$267K	$128K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7929	−0.175%	$82K	$489K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7940	−0.042%	$29K	$5K	3x	as long as short
dYdX APT-USD	+0.0142%	1h	0.7937	−0.074%	$56K	$6K	10x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0190% / S −0.0143%	1h	0.7945	+0.022%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7938	−0.067%	$1.5M	$896K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0232%	1h	0.7950	+0.084%	$210K	$550K	50x	as long as short
Kraken Futures PF_APTUSD	+0.0474%	1h	0.7940	−0.048%	$545K	$640K	50x	as long as short
Reya APTRUSDPERP	+0.0475%	1h	0.7935	−0.106%	$3K	—	20x	as long as short
01 Exchange APTUSD	+0.1584%	1h	0.7927	−0.206%	$2K	—	5x	as long as short