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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0211%/8h= −23.1% APRnext payment $0.26 per $10,000 · paid last 24h +0.096%
Price spread now: Extended against Kraken Futures+0.004%7-day average −0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$790.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−1.579%−$158 · spread now +0.004%, 7d avg −0.136%
Together, before fees−1.595%+ Points / potential airdropExtended: Active · farm board−$159 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.140% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.136%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.016% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APTUSD0.76890.0315pay 0.0039% / 1h1m 06s$533K$640K50x
ShortExtended APT-USD0.76890.0104get 0.0013% / 1h1m 06s$82K$431K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$44.35
Price spread: +0.004% → −0.136%
$14
Slippage, 4 orders
−$63.73
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.08
Costs to cover
0.787%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 57 min ago; Extended: live order book, 57 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, 57 min ago10.46 bp32.0 bp −$32100.3 bp −$1,003doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago3.27 bp12.8 bp −$13125.9 bp −$1,259doesn'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%1h0.7698+0.120%$21K150xas long as short
Orderly PERP_APT_USDC+0.0018%8h0.7696+0.095%$10K$7K10xas long as short
Variational Omni APT+0.0029%8h0.7693+0.058%$513K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.187%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7695+0.082%$410K$423K10xas long as short
Hyperliquid APT+0.0100%1h0.7698+0.121%$5.3M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7699+0.132%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7699+0.128%$28.2M$106.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7692+0.043%$27.4M$39.7M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7692+0.043%$5.7M$24.9M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7699+0.134%$2.6M$5.0M75xas long as short
MEXC APT_USDT+0.0100%8h0.7699+0.134%$28.9M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7695+0.082%$5.1M$12.4M50xas long as short
Bitget APTUSDT+0.0100%8h0.7694+0.069%$8.5M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7695+0.082%$25.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7700+0.147%$190K$379K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7680−0.113%$61K$578K50xas long as short
SunX APT-USDT+0.0100%8h0.7686−0.035%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7693+0.056%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7676−0.165%$259K$116K50xas long as short
Extended APT-USDshort+0.0104%1h0.7689+0.004%$82K$431K25x
Aevo APT-PERP+0.0104%1h0.7696+0.091%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7701+0.155%$16K100xas long as short
Deribit APT_USDC-PERPETUAL+0.0140%1h0.7699+0.134%$8K$497K50xas long as short
BloFin APT-USDT+0.0220%8h0.7690+0.017%$1.4M$950K75xas long as short
Kraken Futures PF_APTUSDlong+0.0315%1h0.7689long leg$533K$640K50x
Coinbase International APT-PERP-INTX+0.0328%1h0.7710+0.277%$222K$463K50xas long as short
Reya APTRUSDPERP+0.0487%1h0.7700+0.141%$3K20xas long as short
dYdX APT-USD+0.0776%1h0.7697+0.102%$54K$6K10xas long as short
01 Exchange APTUSD+0.5032%1h0.7783+1.226%$2K5xas long as short