Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Backpack against KuCoin+0.090%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.734% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.090%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.025% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APTUSDTM | 0.7811 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $5.5M | $12.1M | 50x |
| Short | Backpack APT_USDC_PERP | 0.7818 | 0.0100 | get 0.0013% / 1h | 14m 46s | $198K | $362K | 20x |
KuCoin APTUSDTM
Backpack APT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.090% → +0.065%
- $2.49
- Slippage, 4 orders
- −$51.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$70.94
- Costs to cover
- 0.734%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Backpack: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 3.20 bp | 33.7 bp −$34 | 74.0 bp −$740 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 9 min ago | 0.64 bp | 9.0 bp −$9 | 32.0 bp −$320 | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0496% | 1h | 0.7807 | −0.051% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0362% | 1h | 0.7812 | +0.019% | $536K | $617K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0262% | 1h | 0.7812 | +0.013% | $7K | $382K | 50x | as long as short |
| Variational Omni APT | −0.0089% | 8h | 0.7802 | −0.113% | $612K | $224K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0018% | 8h | 0.7810 | −0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7780 | −0.397% | $2K | $200K | 12x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7815 | +0.052% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7810 | −0.013% | $428K | $351K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7823 | +0.154% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7817 | +0.083% | $309K | $454K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7814 | +0.039% | $28.8M | $96.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7807 | −0.051% | $29.0M | $35.4M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7811 | 0.000% | $6.2M | $23.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7812 | +0.013% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7814 | +0.038% | $27.9M | $14.6M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7811 | long leg | $5.5M | $12.1M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7812 | +0.013% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7813 | +0.026% | — | $25.6M | — | as long as short |
| Backpack APT_USDC_PERPshort | +0.0100% | 1h | 0.7818 | +0.090% | $198K | $362K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7820 | +0.115% | $65K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7795 | −0.205% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7809 | −0.026% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7809 | −0.026% | $263K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7812 | +0.008% | $83K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7810 | −0.013% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7813 | +0.026% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7812 | +0.013% | $1.5M | $774K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7819 | +0.102% | $211K | $545K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0464% | 1h | 0.7804 | −0.084% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0752% | 1h | 0.7819 | +0.106% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD