Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.021%

Price spread now: OKX against gTrade (Gains Network)−0.163%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 OKX

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. OKX is 0.163% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.2 days 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	0.7846	L −0.0004% / S +0.0005%	get 0.0001% / 1h	36m 15s	$22K	—	150x
Short	OKX APT-USDT-SWAP	0.7833	0.0100	get 0.0100% / 8h	1h 36m	$6.2M	$23.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.163%Rate

Funding earned: $21.86
Price spread: −0.163% → 0.000%: −$16.34
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$14.48
Costs to cover: 0.200%
Break-even: 11.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	0.64 bp	15.0 bp −$15	52.6 bp −$526	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
01 Exchange APTUSD	−0.0520%	1h	0.7843	−0.036%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0424%	1h	0.7833	−0.166%	$539K	$633K	50x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0260%	1h	0.7839	−0.087%	$7K	$372K	50x	as long as short
Variational Omni APT	−0.0084%	8h	0.7837	−0.118%	$615K	$224K	—	as long as short
Injective APT/USDC PERP	−0.0033%	1h	0.7780	−0.839%	$2K	$241K	12x	as long as short
Orderly PERP_APT_USDC	−0.0020%	8h	0.7838	−0.100%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USDlong	L −0.0004% / S +0.0005%	1h	0.7846	long leg	$22K	—	150x
Lighter APT	+0.0096%	1h	0.7837	−0.112%	$430K	$350K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7849	+0.041%	$5.9M	$5.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7845	−0.013%	$305K	$464K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance APTUSDT	+0.0100%	8h	0.7835	−0.140%	$28.9M	$97.2M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7836	−0.125%	$29.2M	$35.3M	50x	as long as short
OKX APT-USDT-SWAPshort	+0.0100%	8h	0.7833	−0.163%	$6.2M	$23.5M	50x
Gate APT_USDT	+0.0100%	8h	0.7845	−0.010%	$2.7M	$4.6M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7840	−0.074%	$28.0M	$14.4M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7842	−0.049%	$5.5M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7836	−0.125%	$8.9M	$12.3M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7842	−0.049%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7847	+0.015%	$200K	$363K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7850	+0.053%	$65K	$567K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7825	−0.265%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7833	−0.163%	$69	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7847	+0.015%	$265K	$137K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7836	−0.122%	$84K	$479K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7839	−0.091%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0190% / S −0.0143%	1h	0.7844	−0.029%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7838	−0.100%	$1.5M	$771K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0288%	1h	0.7823	−0.291%	$208K	$555K	50x	as long as short
Reya APTRUSDPERP	+0.0467%	1h	0.7839	−0.089%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0739%	1h	0.7845	−0.011%	$55K	$5K	10x	as long as short