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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.025%
Price spread now: MEXC against GMX−0.068%58s7-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 MEXC is 0.068% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APT/USD [ETH-USDC]0.7795L +0.0189% / S −0.0143%pay 0.0024% / 1h2m 33s$17K100x
ShortMEXC APT_USDT0.77900.0100get 0.0100% / 8h2h 02m$27.9M$14.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$18.77
Price spread: −0.068% → 0.000%
−$6.8
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$37.57
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago0.64 bp2.1 bp −$212.3 bp −$12360.8 bp −$6,08480.9 bp −$40.5K
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
01 Exchange APTUSD−0.0464%1h0.7784−0.145%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0363%1h0.7794−0.015%$534K$617K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0135%1h0.7798+0.035%$7K$382K50xas long as short
Variational Omni APT−0.0097%8h0.7789−0.079%$611K$224Kas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7796+0.009%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.196%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7799+0.049%$22K150xas long as short
Lighter APT+0.0096%1h0.7789−0.081%$427K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7797+0.022%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7798+0.035%$308K$459K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7789−0.083%$28.7M$96.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7791−0.055%$29.0M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7785−0.132%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7791−0.055%$2.7M$4.7M75xas long as short
MEXC APT_USDTshort+0.0100%8h0.7790−0.068%$27.9M$14.6M200x
KuCoin APTUSDTM+0.0100%8h0.7793−0.030%$5.5M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7785−0.132%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7790−0.068%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7798+0.035%$197K$359K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7790−0.068%$65K$568K50xas long as short
SunX APT-USDT+0.0100%8h0.7781−0.183%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7793−0.030%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7803+0.099%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7785−0.131%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7795−0.008%$24K3xas long as short
GMX APT/USD [ETH-USDC]longL +0.0189% / S −0.0143%1h0.7795long leg$17K100x
BloFin APT-USDT+0.0220%8h0.7795−0.004%$1.5M$775K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7800+0.060%$210K$544K50xas long as short
Reya APTRUSDPERP+0.0465%1h0.7789−0.085%$3K20xas long as short
dYdX APT-USD+0.0807%1h0.7800+0.055%$55K$5K10xas long as short