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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.250%
Price spread now: Gate against Injective−2.224%7-day average +0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.357%+$36 on $10k
Price spread, last 4 days (all we have)+1.542%+$154 · spread now −2.224%, 7d avg +0.212%
Together, before fees+1.899%+$190 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 2.436% cheaper against Injective than usual: you would sell low and buy high (spread −2.224% now, against its 7-day average of +0.212%). If the spread goes back, that is −$244 on $10k: about 4 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.357% in total) that is about 48 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APT/USDC PERP0.77800.0033pay 0.0004% / 1h8m 47s$2K$240K12x
ShortGate APT_USDT0.76070.0100get 0.0100% / 8h3h 08m$2.6M$5.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: −2.224% → +0.212%
−$243.6
Slippage, 4 orders
−$143.72
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$388.34
Costs to cover
1.587%
Break-even
201.2 days
Slippage from Injective: live order book, 45 min ago; Gate: live order book, 4 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, 45 min ago51.88 bp52.2 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.90 bp19.5 bp −$1955.2 bp −$552doesn'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%1h0.7611−2.167%$20K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7610−2.185%$4K$540K50xas long as short
Orderly PERP_APT_USDC+0.0016%8h0.7615−2.121%$10K$7K10xas long as short
Variational Omni APT+0.0017%8h0.7609−2.197%$508K$416Kas long as short
Injective APT/USDC PERPlong+0.0033%1h0.7780long leg$2K$240K12x
Lighter APT+0.0096%1h0.7609−2.198%$406K$423K10xas long as short
Hyperliquid APT+0.0100%1h0.7611−2.172%$4.9M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7616−2.103%$93K$957K20xas long as short
Binance APTUSDT+0.0100%8h0.7612−2.160%$27.5M$106.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7607−2.224%$27.1M$40.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7610−2.185%$5.6M$24.8M50xas long as short
Gate APT_USDTshort+0.0100%8h0.7607−2.224%$2.6M$5.1M75x
MEXC APT_USDT+0.0100%8h0.7618−2.082%$29.9M$15.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7602−2.288%$5.0M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7613−2.147%$8.6M$13.1M75xas long as short
BingX APT-USDC+0.0100%8h0.7608−2.211%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7607−2.224%$171K$389K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7630−1.928%$61K$582K50xas long as short
SunX APT-USDT+0.0100%8h0.7601−2.301%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7606−2.237%$83$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7644−1.748%$249K$148K50xas long as short
Extended APT-USD+0.0104%1h0.7607−2.220%$82K$503K25xas long as short
Aevo APT-PERP+0.0104%1h0.7606−2.233%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7613−2.144%$16K100xas long as short
BloFin APT-USDT+0.0220%8h0.7606−2.237%$1.4M$962K75xas long as short
Kraken Futures PF_APTUSD+0.0252%1h0.7604−2.257%$528K$625K50xas long as short
Coinbase International APT-PERP-INTX+0.0312%1h0.7659−1.555%$220K$460K50xas long as short
Reya APTRUSDPERP+0.0490%1h0.7609−2.201%$3K20xas long as short
dYdX APT-USD+0.0753%1h0.7608−2.215%$53K$6K10xas long as short
01 Exchange APTUSD+0.5376%1h0.7765−0.193%$2K5xas long as short