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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.031%
Price spread now: BloFin against Hyperliquid−0.103%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$460.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 3 days (all we have)+3.619%+$362 · spread now −0.103%, 7d avg +0.019%
Together, before fees+3.843%+ Points / potential airdropHyperliquid: Season 2 · farm board+$384 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.123% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.019%). If the spread goes back, that is −$12 on $10k: about 3.4 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.77350.0100pay 0.0013% / 1h2m 47s$5.8M$5.2M10x
ShortBloFin APT-USDT0.77270.0220get 0.0220% / 8h3h 02m$1.5M$763K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.103% → +0.019%
−$12.26
Slippage, 4 orders
−$25.36
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.42
Costs to cover
0.464%
Break-even
16.3 days
Slippage from Hyperliquid: live order book, 9 min ago; BloFin: 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 ago1.29 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago1.29 bp15.1 bp −$1521.8 bp −$21854.4 bp −$5,438doesn'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
01 Exchange APTUSD−0.0336%1h0.7718−0.220%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0242%1h0.7725−0.135%$534K$607K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0138%1h0.7726−0.116%$16K$328K50xas long as short
Variational Omni APT−0.0112%8h0.7737+0.022%$606K$223Kas long as short
Orderly PERP_APT_USDC−0.0021%8h0.7726−0.116%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7728−0.090%$21K150xas long as short
Bybit APTUSDT+0.0064%8h0.7720−0.194%$28.7M$35.7M50xas long as short
Lighter APT+0.0096%1h0.7726−0.116%$441K$322K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7735long leg$5.8M$5.2M10x
Aster APTUSDT+0.0100%8h0.7726−0.120%$301K$456K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7724−0.142%$28.6M$96.4M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7722−0.168%$6.1M$22.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7727−0.103%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7720−0.194%$27.7M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7725−0.129%$5.5M$11.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725−0.129%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7726−0.116%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7728−0.090%$196K$369K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7740+0.065%$64K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7719−0.207%$5K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7723−0.155%$64$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7733−0.026%$261K$139K50xas long as short
Extended APT-USD+0.0104%1h0.7723−0.155%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7726−0.121%$24K3xas long as short
Injective APT/USDC PERP+0.0175%1h0.7650−1.099%$2K$169K12xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7725−0.125%$17K100xas long as short
BloFin APT-USDTshort+0.0220%8h0.7727−0.103%$1.5M$763K75x
Coinbase International APT-PERP-INTX+0.0248%1h0.7746+0.142%$209K$538K50xas long as short
Reya APTRUSDPERP+0.0461%1h0.7733−0.031%$3K20xas long as short
dYdX APT-USD+0.0848%1h0.7728−0.088%$54K$5K10xas long as short