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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.109%
Price spread now: Aster against Kraken Futures−0.450%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 3 days (all we have)−0.440%−$44 · spread now −0.450%, 7d avg −0.024%
Together, before fees−0.355%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.426% cheaper against Kraken Futures than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APTUSD0.77510.0138pay 0.0017% / 1h54m 23s$528K$642K50x
ShortAster APTUSDT0.77160.0100get 0.0100% / 8h6h 54m$243K$597K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$7.97
Price spread: −0.450% → −0.024%
−$42.59
Slippage, 4 orders
−$96.98
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$165.54
Costs to cover
1.150%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 14 min ago; Aster: live order book, 13 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 Kraken Futures live order book, 14 min ago10.72 bp27.7 bp −$2894.5 bp −$945doesn't fitdoesn't fit
Sell Aster live order book, 13 min ago2.52 bp24.6 bp −$25doesn't fitdoesn'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
Variational Omni APT−0.0006%8h0.7720−0.398%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7716−0.449%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7729−0.286%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7726−0.327%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0009%1h0.7727−0.312%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.372%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7723−0.363%$414K$405K10xas long as short
Hyperliquid APT+0.0100%1h0.7716−0.454%$5.6M$6.0M10xas long as short
Aster APTUSDTshort+0.0100%8h0.7716−0.450%$243K$597K20x
Binance APTUSDT+0.0100%8h0.7716−0.454%$28.9M$105.1M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7717−0.441%$28.1M$37.8M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7726−0.325%$5.8M$24.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7715−0.467%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7709−0.544%$27.9M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7708−0.557%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7729−0.286%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7717−0.441%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7716−0.454%$194K$380K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7780+0.372%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7728−0.299%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7740−0.144%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7745−0.080%$260K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7732−0.244%$83K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7733−0.231%$28K$5K3xas long as short
Kraken Futures PF_APTUSDlong+0.0138%1h0.7751long leg$528K$642K50x
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7722−0.383%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7720−0.402%$1.5M$952K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7729−0.286%$203K$534K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7709−0.539%$3K20xas long as short
01 Exchange APTUSD+0.3592%1h0.7816+0.836%$2K5xas long as short