Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: SoDEX against Hyperliquid+0.051%51s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.051% dearer against Hyperliquid than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid APT	0.7808	0.0100	pay 0.0013% / 1h	13m 27s	$5.9M	$5.1M	10x
Short	SoDEX APT-USD	0.7812	0.0100	get 0.0013% / 1h	13m 27s	$55	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee SoDEXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → 0.000%: $5.12
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.88
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 9 min ago	0.64 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APT on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange APTUSD	−0.0480%	1h	0.7803	−0.064%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0362%	1h	0.7814	+0.074%	$536K	$617K	50x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0262%	1h	0.7813	+0.064%	$7K	$382K	50x	as long as short
Variational Omni APT	−0.0089%	8h	0.7802	−0.075%	$612K	$224K	—	as long as short
Orderly PERP_APT_USDC	−0.0018%	8h	0.7811	+0.038%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	−0.0016%	1h	0.7780	−0.359%	$2K	$200K	12x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7814	+0.078%	$22K	—	150x	as long as short
Lighter APT	+0.0096%	1h	0.7803	−0.064%	$428K	$351K	10x	as long as short
Hyperliquid APTlong	+0.0100%	1h	0.7808	long leg	$5.9M	$5.1M	10x
Aster APTUSDT	+0.0100%	8h	0.7814	+0.074%	$309K	$454K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance APTUSDT	+0.0100%	8h	0.7801	−0.094%	$28.8M	$96.4M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7801	−0.090%	$29.0M	$35.4M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7797	−0.141%	$6.2M	$23.2M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7802	−0.077%	$2.7M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7805	−0.038%	$27.8M	$14.6M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7807	−0.013%	$5.5M	$12.1M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7796	−0.154%	$9.0M	$12.2M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7807	−0.013%	—	$25.6M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7816	+0.102%	$198K	$362K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7810	+0.026%	$65K	$571K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7796	−0.154%	$6K	$1.4M	20x	as long as short
SoDEX APT-USDshort	+0.0100%	1h	0.7812	+0.051%	$55	$6K	5x
HTX APT-USDT	+0.0100%	8h	0.7809	+0.013%	$263K	$137K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7797	−0.147%	$83K	$479K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7814	+0.072%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7814	+0.076%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7812	+0.051%	$1.5M	$774K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0280%	1h	0.7819	+0.141%	$211K	$545K	50x	as long as short
Reya APTRUSDPERP	+0.0464%	1h	0.7798	−0.128%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0763%	1h	0.7808	0.000%	$55K	$5K	10x	as long as short