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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: BingX against Hyperliquid−0.114%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 7 days+0.086%+$9 · spread now −0.114%, 7d avg −0.044%
Together, before fees+0.142%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 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: BingX is 0.070% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.78960.0100pay 0.0013% / 1h3m 21s$6.0M$5.3M10x
ShortBingX APT-USDT0.78870.0100get 0.0100% / 8h1h 03m$24.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.114% → −0.044%
−$7.01
Slippage, 4 orders
−$22.79
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$48.8
Costs to cover
0.418%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BingX: live order book, 15 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 ago0.63 bp16.3 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago1.27 bp6.3 bp −$610.4 bp −$10417.2 bp −$1,71738.2 bp −$19.1K

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−0.0440%1h0.7876−0.253%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7888−0.107%$544K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880−0.197%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.469%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0018%8h0.7888−0.101%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7889−0.089%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7889−0.089%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7890−0.076%$432K$351K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7896long leg$6.0M$5.3M10x
Aster APTUSDT+0.0100%8h0.7889−0.083%$307K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7889−0.088%$29.1M$97.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7885−0.139%$29.5M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7884−0.152%$6.2M$23.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7887−0.114%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7889−0.089%$28.6M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7886−0.127%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7888−0.101%$8.9M$12.3M75xas long as short
BingX APT-USDTshort+0.0100%8h0.7887−0.114%$24.9M
Backpack APT_USDC_PERP+0.0100%1h0.7891−0.063%$201K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7880−0.203%$66K$568K50xas long as short
SunX APT-USDT+0.0100%8h0.7877−0.241%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7887−0.114%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7883−0.165%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7884−0.152%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7886−0.131%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7886−0.131%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7889−0.089%$1.5M$799K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897+0.013%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7888−0.107%$3K20xas long as short
dYdX APT-USD+0.0955%1h0.7888−0.103%$55K$5K10xas long as short