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 −0.005%
Price spread now: Binance against Hyperliquid−0.035%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 7 days−0.005%−$1 · spread now −0.035%, 7d avg −0.013%
Together, before fees−0.020%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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: Binance is 0.021% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.77720.0100pay 0.0013% / 1h52m 39s$5.6M$6.0M10x
ShortBinance APTUSDT0.77690.0100get 0.0100% / 8h6h 52m$29.1M$105.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: −0.035% → −0.013%
−$2.14
Slippage, 4 orders
−$22.95
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$44.08
Costs to cover
0.419%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 5 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 Hyperliquid live order book, 9 min ago1.92 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.29 bp9.9 bp −$1021.1 bp −$21172.2 bp −$7,223doesn'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%8h0.7720−0.665%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7758−0.179%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7758−0.180%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7761−0.142%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0008%1h0.7760−0.154%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.103%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7762−0.129%$416K$405K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7772long leg$5.6M$6.0M10x
Aster APTUSDT+0.0100%8h0.7769−0.033%$244K$593K20xas long as short
Binance APTUSDTshort+0.0100%8h0.7769−0.035%$29.1M$105.2M75x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7764−0.103%$28.2M$37.8M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7767−0.064%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7769−0.039%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7760−0.154%$28.6M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7770−0.026%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7761−0.142%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7767−0.064%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7765−0.090%$195K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.103%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7747−0.322%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7760−0.154%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7752−0.257%$261K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7769−0.041%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7756−0.201%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7757−0.194%$528K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7762−0.130%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7761−0.142%$1.5M$958K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7759−0.167%$204K$536K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7758−0.181%$3K20xas long as short
01 Exchange APTUSD+0.3536%1h0.7814+0.540%$2K5xas long as short