Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.021%
Price spread now: BingX against GMX−0.131%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.131% cheaper against GMX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APT/USD [ETH-USDC]0.7713L +0.0189% / S −0.0143%pay 0.0024% / 1h55m 03s$17K100x
ShortBingX APT-USDC0.77030.0100get 0.0100% / 8h6h 55m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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

Funding earned
−$18.78
Price spread: −0.131% → 0.000%
−$13.13
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$53.91
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell BingX live order book, 10 min ago1.27 bp15.6 bp −$1638.3 bp −$383262.8 bp −$26.3K665.2 bp −$332.6K
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni APT−0.0006%8h0.7720+0.093%$500K$331Kas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7707−0.079%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7708−0.063%$38K150xas long as short
dYdX APT-USD0.0000%1h0.7730+0.216%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7708−0.067%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.867%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7707−0.079%$413K$404K10xas long as short
Hyperliquid APT+0.0100%1h0.7715+0.024%$5.7M$6.0M10xas long as short
Aster APTUSDT+0.0100%8h0.7712−0.014%$243K$600K20xas long as short
Binance APTUSDT+0.0100%8h0.7714+0.011%$28.9M$104.6M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7712−0.015%$28.0M$37.8M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7721+0.102%$5.8M$24.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7713−0.002%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7710−0.041%$27.9M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7706−0.092%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7717+0.050%$8.7M$12.8M75xas long as short
BingX APT-USDCshort+0.0100%8h0.7703−0.131%$6.5M
Backpack APT_USDC_PERP+0.0100%1h0.7716+0.037%$194K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.867%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7697−0.209%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7707−0.079%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7745+0.413%$260K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7705−0.103%$83K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7709−0.048%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0139%1h0.7717+0.052%$526K$641K50xas long as short
GMX APT/USD [ETH-USDC]longL +0.0189% / S −0.0143%1h0.7713long leg$17K100x
BloFin APT-USDT+0.0220%8h0.7720+0.089%$1.5M$952K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7795+1.061%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7717+0.055%$3K20xas long as short
01 Exchange APTUSD+0.3376%1h0.7823+1.424%$2K5xas long as short