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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.275%
Price spread now: Extended against Injective−1.205%7-day average +0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$1141.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.331%+$33 on $10k
Price spread, last 4 days (all we have)−1.864%−$186 · spread now −1.205%, 7d avg +0.190%
Together, before fees−1.533%+ Points / potential airdropExtended: Active · farm board−$153 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 1.395% cheaper against Injective than usual: you would sell low and buy high (spread −1.205% now, against its 7-day average of +0.190%). If the spread goes back, that is −$139 on $10k: about 2 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.331% in total) that is about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APT/USDC PERP0.77800.0033pay 0.0004% / 1h44m 33s$2K$240K12x
ShortExtended APT-USD0.76860.0104get 0.0013% / 1h44m 33s$79K$487K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$14.84
Price spread: −1.205% → +0.190%
−$139.48
Slippage, 4 orders
−$109.19
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$238.85
Costs to cover
1.142%
Break-even
119.7 days
Slippage from Injective: live order book, 19 min ago; Extended: live order book, 18 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, 19 min ago45.31 bp45.3 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 18 min ago1.94 bp11.8 bp −$12120.5 bp −$1,205doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7695−1.092%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7700−1.028%$17K$428K50xas long as short
Orderly PERP_APT_USDC+0.0004%8h0.7699−1.041%$10K$7K10xas long as short
Variational Omni APT+0.0015%8h0.7700−1.026%$498K$310Kas long as short
Injective APT/USDC PERPlong+0.0033%1h0.7780long leg$2K$240K12x
Lighter APT+0.0096%1h0.7691−1.144%$414K$413K10xas long as short
Hyperliquid APT+0.0100%1h0.7696−1.080%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7691−1.144%$100K$940K20xas long as short
Binance APTUSDT+0.0100%8h0.7692−1.126%$28.3M$104.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7690−1.157%$27.9M$37.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7692−1.131%$5.8M$24.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7688−1.183%$2.6M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7693−1.118%$29.1M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7689−1.170%$5.2M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7693−1.118%$8.5M$12.5M75xas long as short
BingX APT-USDC+0.0100%8h0.7691−1.144%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7697−1.067%$193K$372K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7690−1.157%$63K$576K50xas long as short
SunX APT-USDT+0.0100%8h0.7679−1.298%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7698−1.054%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7696−1.080%$260K$117K50xas long as short
Extended APT-USDshort+0.0104%1h0.7686−1.205%$79K$487K25x
Aevo APT-PERP+0.0104%1h0.7700−1.031%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7693−1.112%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7691−1.144%$948K75xas long as short
Kraken Futures PF_APTUSD+0.0257%1h0.7703−0.993%$527K$627K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7739−0.527%$203K$531K50xas long as short
Reya APTRUSDPERP+0.0480%1h0.7699−1.047%$3K20xas long as short
dYdX APT-USD+0.0873%1h0.7696−1.085%$54K$6K10xas long as short
01 Exchange APTUSD+0.4376%1h0.7805+0.321%$2K5xas long as short