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 −0.018%
Price spread now: Bybit against Hyperliquid+0.116%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 7 days−0.170%−$17 · spread now +0.116%, 7d avg −0.071%
Together, before fees−0.205%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 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: Bybit is 0.187% dearer against Hyperliquid than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.77520.0100pay 0.0013% / 1h53m 14s$5.6M$6.0M10x
ShortBybit APTUSDT0.77610.0100get 0.0100% / 8h6h 53m$28.2M$37.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.116% → −0.071%
$18.74
Slippage, 4 orders
−$29.6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$30.86
Costs to cover
0.496%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bybit: live order book, 1 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 Bybit live order book, 1 min ago0.65 bp14.0 bp −$1425.2 bp −$25276.7 bp −$7,670doesn'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%1h0.7758+0.078%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7758+0.077%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7751−0.013%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0008%1h0.7760+0.103%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.361%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7759+0.090%$416K$405K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7752long leg$5.6M$6.0M10x
Aster APTUSDT+0.0100%8h0.7748−0.050%$244K$596K20xas long as short
Binance APTUSDT+0.0100%8h0.7761+0.121%$29.0M$105.2M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDTshort+0.0100%8h0.7761+0.116%$28.2M$37.8M50x
OKX APT-USDT-SWAP+0.0100%8h0.7764+0.155%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.77520.000%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7760+0.103%$28.6M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7756+0.052%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7757+0.064%$8.6M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7759+0.090%$25.6Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7749−0.039%$195K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.361%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7747−0.064%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7760+0.103%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.77520.000%$261K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7755+0.034%$83K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7756+0.057%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7757+0.064%$528K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7762+0.127%$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%1h0.7759+0.090%$204K$536K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7758+0.076%$3K20xas long as short
01 Exchange APTUSD+0.3536%1h0.7814+0.800%$2K5xas long as short