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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.039%
Price spread now: BloFin against KuCoin+0.064%110s7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.251%+$25 on $10k
Price spread, last 3 days (all we have)+1.705%+$170 · spread now +0.064%, 7d avg +0.097%
Together, before fees+1.956%+$196 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.097%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$4 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APTUSDTM0.78280.0100pay 0.0100% / 8h2h 25m$5.5M$12.1M50x
ShortBloFin APT-USDT0.78330.0220get 0.0220% / 8h2h 25m$1.5M$774K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$25.2
Price spread: +0.064% → +0.097%
−$3.36
Slippage, 4 orders
−$61.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$64.03
Costs to cover
0.859%
Break-even
24.8 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 2 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 KuCoin live order book, 3 min ago3.21 bp32.9 bp −$3378.6 bp −$786doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.64 bp12.2 bp −$1226.7 bp −$26778.1 bp −$7,815doesn'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−0.0552%1h0.7822−0.077%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0361%1h0.7838+0.129%$538K$616K50xas long as short
Variational Omni APT−0.0100%8h0.7781−0.598%$610K$223Kas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7826−0.026%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.613%$2K$200K12xas long as short
Deribit APT_USDC-PERPETUAL−0.0005%1h0.7843+0.192%$7K$382K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7828+0.002%$22K150xas long as short
Lighter APT+0.0096%1h0.7824−0.051%$428K$348K10xas long as short
Hyperliquid APT+0.0100%1h0.7829+0.013%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7833+0.069%$305K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7823−0.064%$28.8M$96.2M75xas long as short
Bybit APTUSDT+0.0100%8h0.7823−0.064%$29.0M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7825−0.038%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7825−0.038%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7820−0.102%$28.0M$14.5M200xas long as short
KuCoin APTUSDTMlong+0.0100%8h0.7828long leg$5.5M$12.1M50x
Bitget APTUSDT+0.0100%8h0.7822−0.077%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7822−0.077%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7839+0.141%$198K$364K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7830+0.026%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7827−0.013%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7838+0.128%$58$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7834+0.077%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7819−0.109%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7842+0.173%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7825−0.043%$17K100xas long as short
BloFin APT-USDTshort+0.0220%8h0.7833+0.064%$1.5M$774K75x
Coinbase International APT-PERP-INTX+0.0280%1h0.7855+0.345%$210K$547K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7823−0.061%$3K20xas long as short
dYdX APT-USD+0.0656%1h0.7827−0.017%$55K$5K10xas long as short