Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.048%
Price spread now: Bybit against GMX−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.118% cheaper against GMX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APT/USD [ETH-USDC] | 0.7994 | L +0.0191% / S −0.0143% | pay 0.0024% / 1h | 35m 34s | $17K | — | 100x |
| Short | Bybit APTUSDT | 0.7985 | 0.0100 | get 0.0100% / 8h | 35m 34s | $29.6M | $36.6M | 50x |
GMX APT/USD [ETH-USDC]
Bybit APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GMX. 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
- −$19.02
- Price spread: −0.118% → 0.000%
- −$11.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.87
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 3 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.63 bp | 11.5 bp −$11 | 23.5 bp −$235 | 103.1 bp −$10.3K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0398% | 1h | 0.8002 | +0.094% | $555K | $636K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0088% | 1h | 0.8094 | +1.245% | $2K | — | 5x | as long as short |
| Variational Omni APT | −0.0043% | 8h | 0.7992 | −0.036% | $520K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.7991 | −0.043% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7997 | +0.034% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7998 | +0.044% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.683% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7985 | −0.118% | $437K | $353K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.8000 | +0.069% | $312K | $469K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7986 | −0.101% | $29.8M | $99.1M | 75x | as long as short |
Kraken Futures PF_APTUSD
01 Exchange APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDTshort | +0.0100% | 8h | 0.7985 | −0.118% | $29.6M | $36.6M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7981 | −0.168% | $6.3M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7987 | −0.093% | $2.8M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7987 | −0.093% | $29.1M | $14.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7985 | −0.118% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7980 | −0.181% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7984 | −0.131% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7997 | +0.032% | $203K | $369K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7950 | −0.556% | $66K | $569K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7987 | −0.093% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7996 | +0.019% | $67 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7986 | −0.106% | $270K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7979 | −0.197% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7999 | +0.052% | $25K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC]long | L +0.0191% / S −0.0143% | 1h | 0.7994 | long leg | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7994 | −0.006% | $1.5M | $824K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8000 | +0.069% | $213K | $574K | 50x | as long as short |
| Hyperliquid APT | +0.0254% | 1h | 0.7994 | −0.006% | $6.1M | $5.4M | 10x | as long as short |
| Reya APTRUSDPERP | +0.0470% | 1h | 0.7997 | +0.031% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1309% | 1h | 0.7990 | −0.056% | $56K | $6K | 10x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
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
Aevo APT-PERP
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Hyperliquid APT
Reya APTRUSDPERP
dYdX APT-USD