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+0.0524%/8h= +57.4% APRpaid last 24h +0.052%
Price spread now: OKX against Kraken Futures−0.095%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$790.786% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 3 days (all we have)−1.229%−$123 · spread now −0.095%, 7d avg −0.106%
Together, before fees−1.283%−$128 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment. 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_APTUSD0.7833−0.0424get 0.0053% / 1h33m 14s$540K$633K50x
ShortOKX APT-USDT-SWAP0.78260.0100get 0.0100% / 8h1h 33m$6.2M$23.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$110
Price spread: −0.095% → −0.106%
$1.07
Slippage, 4 orders
−$58.55
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$32.52
Costs to cover
0.786%
Break-even
4.9 days
Slippage from Kraken Futures: live order book, 50 min ago; OKX: live order book, 5 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, 50 min ago10.86 bp23.3 bp −$2384.3 bp −$843doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.64 bp15.0 bp −$1552.6 bp −$526doesn'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
01 Exchange APTUSD−0.0480%1h0.7833−0.006%$2K5xas long as short
Kraken Futures PF_APTUSDlong−0.0424%1h0.7833long leg$540K$633K50x
Deribit APT_USDC-PERPETUAL−0.0388%1h0.7831−0.031%$7K$372K50xas long as short
Variational Omni APT−0.0082%8h0.7844+0.129%$615K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.682%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0022%8h0.7834+0.007%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7837+0.044%$22K150xas long as short
Lighter APT+0.0096%1h0.7830−0.044%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7841+0.096%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7840+0.078%$305K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7831−0.036%$28.8M$97.2M75xas long as short
Bybit APTUSDT+0.0100%8h0.7831−0.031%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAPshort+0.0100%8h0.7826−0.095%$6.2M$23.5M50x
Gate APT_USDT+0.0100%8h0.7834+0.007%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7839+0.071%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7835+0.020%$5.6M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7831−0.031%$8.9M$12.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7833−0.006%$26.2Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7842+0.109%$202K$363K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7830−0.044%$65K$569K50xas long as short
SunX APT-USDT+0.0100%8h0.7819−0.185%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7828−0.070%$68$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7835+0.020%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7827−0.080%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7830−0.044%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7834+0.004%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7832−0.019%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7846+0.160%$208K$557K50xas long as short
Reya APTRUSDPERP+0.0467%1h0.7832−0.017%$3K20xas long as short
dYdX APT-USD+0.0763%1h0.7848+0.184%$55K$5K10xas long as short