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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0133%/8h= +14.5% APRpaid last 24h +0.329%
Price spread now: Bitget against Injective+0.604%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1301.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.354%+$35 on $10k
Price spread, last 3 days (all we have)−1.327%−$133 · spread now +0.604%, 7d avg +0.213%
Together, before fees−0.973%−$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.391% dearer against Injective than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.213%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APT/USDC PERP0.7780−0.0033get 0.0004% / 1h40m 51s$2K$241K12x
ShortBitget APTUSDT0.78270.0100get 0.0100% / 8h1h 40m$8.9M$12.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
$27.87
Price spread: +0.604% → +0.213%
$39.08
Slippage, 4 orders
−$117.65
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.72
Costs to cover
1.297%
Break-even
22.8 days
Slippage from Injective: live order book, 43 min ago; Bitget: live order book, 3 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 Injective live order book, 43 min ago51.09 bp51.1 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.28 bp12.9 bp −$1316.4 bp −$16469.2 bp −$6,920doesn'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−0.0544%1h0.7839+0.758%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0424%1h0.7829+0.626%$534K$627K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0261%1h0.7831+0.656%$7K$372K50xas long as short
Variational Omni APT−0.0083%8h0.7793+0.164%$611K$224Kas long as short
Injective APT/USDC PERPlong−0.0033%1h0.7780long leg$2K$241K12x
Orderly PERP_APT_USDC−0.0021%8h0.7834+0.694%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7840+0.766%$22K150xas long as short
Lighter APT+0.0096%1h0.7828+0.617%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7837+0.733%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7834+0.694%$304K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7832+0.668%$28.9M$97.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7829+0.630%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7832+0.668%$6.2M$23.4M50xas long as short
Gate APT_USDT+0.0100%8h0.7832+0.668%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7830+0.643%$27.9M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7832+0.668%$5.5M$12.1M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7827+0.604%$8.9M$12.2M75x
BingX APT-USDC+0.0100%8h0.7830+0.643%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7832+0.668%$200K$361K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7820+0.514%$65K$567K50xas long as short
SunX APT-USDT+0.0100%8h0.7825+0.578%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7828+0.617%$64$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7843+0.810%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7831+0.652%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7835+0.712%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7839+0.754%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7833+0.681%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7854+0.951%$208K$555K50xas long as short
Reya APTRUSDPERP+0.0466%1h0.7835+0.712%$3K20xas long as short
dYdX APT-USD+0.0618%1h0.7844+0.823%$55K$5K10xas long as short