Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Gate+0.038%63s7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 3 days (all we have)+1.140%+$114 · spread now +0.038%, 7d avg +0.100%
=Funding pays, the price is against you. BloFin is 0.062% cheaper against Gate than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.100%). If the spread goes back, that is −$6 on $10k: about 41 hours of funding at the current rate (+$4 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APT_USDT | 0.7896 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $2.8M | $4.7M | 75x |
| Short | BloFin APT-USDT | 0.7899 | 0.0220 | get 0.0220% / 8h | 1h 00m | $1.5M | $800K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: +0.038% → +0.100%
- −$6.17
- Slippage, 4 orders
- −$37.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.38
- Costs to cover
- 0.644%
- Break-even
- 19.6 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 3 min ago.
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 Gate live order book, 3 min ago | 3.81 bp | 23.1 bp −$23 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.90 bp | 14.7 bp −$15 | 23.7 bp −$237 | 58.0 bp −$5,798 | doesn't fit |
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 | −0.0448% | 1h | 0.7879 | −0.215% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0420% | 1h | 0.7899 | +0.037% | $545K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0063% | 8h | 0.7887 | −0.108% | $619K | $214K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −1.469% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0017% | 8h | 0.7895 | −0.013% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7899 | +0.033% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7898 | +0.025% | $7K | $387K | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7896 | 0.000% | $432K | $351K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7905 | +0.114% | $6.1M | $5.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7899 | +0.039% | $308K | $465K | 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 | 0.7898 | +0.025% | $29.2M | $97.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7895 | −0.013% | $29.5M | $35.6M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7894 | −0.025% | $6.2M | $23.9M | 50x | as long as short |
| Gate APT_USDTlong | +0.0100% | 8h | 0.7896 | long leg | $2.8M | $4.7M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7897 | +0.013% | $28.6M | $14.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7893 | −0.038% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7895 | −0.013% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7896 | 0.000% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7901 | +0.063% | $199K | $370K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7890 | −0.076% | $66K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7886 | −0.127% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7896 | 0.000% | $76 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7900 | +0.051% | $267K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7892 | −0.055% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7897 | +0.016% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7894 | −0.027% | $17K | — | 100x | as long as short |
| BloFin APT-USDTshort | +0.0220% | 8h | 0.7899 | +0.038% | $1.5M | $800K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7897 | +0.013% | $210K | $561K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0469% | 1h | 0.7896 | +0.003% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0990% | 1h | 0.7900 | +0.048% | $55K | $5K | 10x | as long as short |
Gate APT_USDT
BloFin APT-USDT
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX