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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Hyperliquid−0.064%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.064%, 7d avg −0.141%
Together, before fees+0.008%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$1 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: Extended is 0.077% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.77730.0100pay 0.0013% / 1h51m 46s$5.6M$6.1M10x
ShortExtended APT-USD0.77680.0104get 0.0013% / 1h51m 46s$84K$489K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.064% → −0.141%
$7.67
Slippage, 4 orders
−$30.38
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.87
Costs to cover
0.444%
Break-even
305.9 days
Slippage from Hyperliquid: live order book, 10 min ago; Extended: 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 Hyperliquid live order book, 10 min ago1.92 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 16 min ago1.89 bp11.4 bp −$1171.9 bp −$719doesn'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%8h0.7720−0.678%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7769−0.050%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7776+0.039%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7761−0.154%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0007%1h0.7774+0.013%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.090%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7765−0.103%$416K$405K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7773long leg$5.6M$6.1M10x
Aster APTUSDT+0.0100%8h0.7777+0.045%$244K$593K20xas long as short
Binance APTUSDT+0.0100%8h0.7774+0.013%$29.1M$105.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7768−0.064%$28.2M$37.9M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7766−0.090%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7776+0.039%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7775+0.026%$28.7M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7776+0.039%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7764−0.116%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7770−0.039%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7779+0.077%$195K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.090%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7760−0.167%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7771−0.026%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7752−0.270%$261K$127K50xas long as short
Extended APT-USDshort+0.0104%1h0.7768−0.064%$84K$489K25x
Aevo APT-PERP+0.0104%1h0.7773−0.005%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7769−0.056%$529K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7773+0.003%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7761−0.154%$1.5M$958K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7777+0.051%$205K$537K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7776+0.040%$3K20xas long as short
01 Exchange APTUSD+0.3336%1h0.7814+0.527%$2K5xas long as short