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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: KuCoin against Hyperliquid−0.102%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.102%, 7d avg −0.042%
Together, before fees+0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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: KuCoin is 0.060% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.78130.0100pay 0.0013% / 1h16m 07s$5.9M$5.1M10x
ShortKuCoin APTUSDTM0.78050.0100get 0.0100% / 8h2h 16m$5.5M$12.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.102% → −0.042%
−$6.04
Slippage, 4 orders
−$62.15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$89.19
Costs to cover
0.831%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; KuCoin: live order book, 2 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, 6 min ago0.64 bp12.9 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.20 bp23.0 bp −$2376.1 bp −$761doesn'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
01 Exchange APTUSD−0.0504%1h0.7808−0.064%$2K5xas long as short
Deribit APT_USDC-PERPETUAL−0.0390%1h0.7806−0.090%$7K$382K50xas long as short
Kraken Futures PF_APTUSD−0.0362%1h0.7807−0.081%$536K$617K50xas long as short
Variational Omni APT−0.0093%8h0.7840+0.340%$616K$224Kas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7803−0.128%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.422%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7809−0.050%$22K150xas long as short
Lighter APT+0.0096%1h0.7804−0.115%$428K$350K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7813long leg$5.9M$5.1M10x
Aster APTUSDT+0.0100%8h0.7812−0.016%$305K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7806−0.090%$28.8M$96.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7802−0.141%$29.0M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7805−0.102%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7802−0.141%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7804−0.115%$27.8M$14.5M200xas long as short
KuCoin APTUSDTMshort+0.0100%8h0.7805−0.102%$5.5M$12.1M50x
Bitget APTUSDT+0.0100%8h0.7801−0.154%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7803−0.128%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7810−0.038%$198K$362K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7840+0.346%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7790−0.294%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7803−0.128%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7815+0.026%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7801−0.154%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7805−0.102%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7806−0.091%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7815+0.026%$1.5M$775K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7819+0.077%$211K$545K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7804−0.109%$3K20xas long as short
dYdX APT-USD+0.0747%1h0.7812−0.018%$55K$5K10xas long as short