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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.024%
Price spread now: KuCoin against GMX−0.036%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 4 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 −$1 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against GMX than usual: you would sell low and buy high (−$4 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]0.7722L +0.0136% / S −0.0090%pay 0.0017% / 1h58m 54s$16K100x
ShortKuCoin APTUSDTM0.77190.0100get 0.0100% / 8h7h 58m$4.9M$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$7.59
Price spread: −0.036% → 0.000%
−$3.64
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.22
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: 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 KuCoin live order book, 10 min ago2.60 bp39.5 bp −$4077.9 bp −$779doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit APT_USDC-PERPETUAL−0.0657%1h0.7710−0.153%$20K$597K50xas long as short
Variational Omni APT−0.0065%8h0.7713−0.108%$493K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7716−0.070%$21K150xas long as short
Orderly PERP_APT_USDC+0.0016%8h0.7718−0.049%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.754%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7716−0.075%$413K$412K10xas long as short
Hyperliquid APT+0.0100%1h0.7726+0.054%$5.0M$5.9M10xas long as short
Aster APTUSDT+0.0100%8h0.7720−0.030%$92K$883K20xas long as short
Binance APTUSDT+0.0100%8h0.7726+0.057%$28.2M$94.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7726+0.054%$27.5M$37.0M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7728+0.080%$5.7M$23.1M50xas long as short
Gate APT_USDT+0.0100%8h0.7721−0.010%$2.6M$4.2M75xas long as short
MEXC APT_USDT+0.0100%8h0.7726+0.054%$31.5M$13.3M200xas long as short
KuCoin APTUSDTMshort+0.0100%8h0.7719−0.036%$4.9M$11.0M50x
Bitget APTUSDT+0.0100%8h0.7721−0.010%$8.7M$11.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7724+0.028%$24.4Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7720−0.023%$183K$298K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720−0.023%$59K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7704−0.231%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7714−0.101%$112$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7715−0.088%$253K$165K50xas long as short
Extended APT-USD+0.0104%1h0.7720−0.022%$83K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7714−0.106%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]longL +0.0136% / S −0.0090%1h0.7722long leg$16K100x
Kraken Futures PF_APTUSD+0.0144%1h0.7717−0.066%$524K$552K50xas long as short
BloFin APT-USDT+0.0220%8h0.7717−0.062%$1.4M$798K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7729+0.093%$222K$314K50xas long as short
Reya APTRUSDPERP+0.0501%1h0.7712−0.127%$3K20xas long as short
dYdX APT-USD+0.0948%1h0.7718−0.043%$54K$6K10xas long as short
01 Exchange APTUSD+0.4240%1h0.7817+1.233%$2K5xas long as short