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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against HTX+0.348%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$880.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 3 days (all we have)−0.894%−$89 · spread now +0.348%, 7d avg −0.029%
Together, before fees−0.835%−$83 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.378% dearer against HTX than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX APT-USDT0.77520.0100pay 0.0100% / 8h6h 52m$261K$127K50x
ShortBackpack APT_USDC_PERP0.77790.0100get 0.0013% / 1h52m 09s$195K$380K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against HTX. 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
$0
Price spread: +0.348% → −0.029%
$37.75
Slippage, 4 orders
−$65.78
Fee HTX: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$50.03
Costs to cover
0.878%
Break-even
never at this rate
Slippage from HTX: live order book, 15 min ago; Backpack: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 15 min ago15.82 bp23.2 bp −$231052.7 bp −$10.5Kdoesn't fitdoesn't fit
Sell Backpack live order book, 16 min ago0.63 bp7.3 bp −$727.9 bp −$279doesn't fitdoesn't fit

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%8h0.7720−0.409%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7769+0.221%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7776+0.310%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7761+0.116%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0007%1h0.7774+0.284%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.361%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7768+0.206%$416K$405K10xas long as short
Hyperliquid APT+0.0100%1h0.7776+0.310%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7776+0.308%$244K$593K20xas long as short
Binance APTUSDT+0.0100%8h0.7771+0.249%$29.1M$105.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7770+0.232%$28.2M$37.9M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7772+0.258%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7774+0.284%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7770+0.232%$28.7M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7774+0.284%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7773+0.271%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7774+0.284%$6.5Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7779+0.348%$195K$380K20x
ApeX Omni APTUSDT+0.0100%1h0.7780+0.361%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7760+0.103%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7771+0.245%$54$6K5xas long as short
HTX APT-USDTlong+0.0100%8h0.7752long leg$261K$127K50x
Extended APT-USD+0.0104%1h0.7769+0.213%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7773+0.266%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7769+0.215%$529K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7773+0.274%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7761+0.116%$1.5M$958K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7777+0.322%$205K$537K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7776+0.311%$3K20xas long as short
01 Exchange APTUSD+0.3336%1h0.7814+0.800%$2K5xas long as short