APT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.040%

Price spread now: Coinbase International against GMX−0.120%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Coinbase International

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. Coinbase International is 0.120% cheaper against GMX than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 9.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX APT/USD [ETH-USDC]	0.7940	L +0.0190% / S −0.0143%	pay 0.0024% / 1h	18m 35s	$17K	—	100x
Short	Coinbase International APT-PERP-INTX	0.7930	0.0232	get 0.0029% / 1h	18m 35s	$209K	$549K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee GMXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.120%Rate

Funding earned: $8.74
Price spread: −0.120% → 0.000%: −$12
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$25.27
Costs to cover: 0.220%
Break-even: 27.2 days

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 55 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 Coinbase International live order book, 55 min ago	15.06 bp	40.1 bp −$40	doesn't fit	doesn't fit	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
Variational Omni APT	−0.0027%	8h	0.7923	−0.206%	$518K	$322K	—	as long as short
Orderly PERP_APT_USDC	−0.0004%	8h	0.7933	−0.082%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7935	−0.054%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7935	−0.057%	$13K	$418K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	−2.009%	$2K	$241K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7911	−0.359%	$424K	$406K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7917	−0.284%	$6.2M	$5.7M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7922	−0.218%	$298K	$491K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7902	−0.473%	$29.9M	$103.4M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7897	−0.536%	$29.2M	$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	0.7902	−0.473%	$6.1M	$24.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7896	−0.548%	$2.7M	$4.9M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7894	−0.573%	$28.9M	$15.1M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7913	−0.334%	$5.5M	$12.3M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7900	−0.498%	$9.0M	$12.6M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7897	−0.536%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7927	−0.158%	$200K	$378K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7930	−0.120%	$64K	$572K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7916	−0.296%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7919	−0.259%	$55	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7946	+0.081%	$267K	$128K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7896	−0.554%	$81K	$489K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7926	−0.173%	$29K	$5K	3x	as long as short
dYdX APT-USD	+0.0149%	1h	0.7894	−0.568%	$55K	$6K	10x	as long as short
GMX APT/USD [ETH-USDC]long	L +0.0190% / S −0.0143%	1h	0.7940	long leg	$17K	—	100x
BloFin APT-USDT	+0.0220%	8h	0.7924	−0.196%	$1.5M	$894K	75x	as long as short
Coinbase International APT-PERP-INTXshort	+0.0232%	1h	0.7930	−0.120%	$209K	$549K	50x
Reya APTRUSDPERP	+0.0475%	1h	0.7905	−0.436%	$3K	—	20x	as long as short
Kraken Futures PF_APTUSD	+0.0475%	1h	0.7919	−0.257%	$543K	$640K	50x	as long as short
01 Exchange APTUSD	+0.1496%	1h	0.7914	−0.322%	$2K	—	5x	as long as short