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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.073%
Price spread now: Coinbase International against KuCoin+0.191%51s7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1471.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.433%+$43 on $10k
Price spread, last 3 days (all we have)+1.056%+$106 · spread now +0.191%, 7d avg +0.186%
Together, before fees+1.489%+$149 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.186%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APTUSDTM0.78450.0100pay 0.0100% / 8h1h 38m$5.5M$12.2M50x
ShortCoinbase International APT-PERP-INTX0.78600.0288get 0.0036% / 1h38m 23s$208K$555K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$39.48
Price spread: +0.191% → +0.186%
$0.52
Slippage, 4 orders
−$124.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$106.58
Costs to cover
1.466%
Break-even
25.9 days
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 45 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, 5 min ago3.19 bp35.6 bp −$3678.7 bp −$787doesn't fitdoesn't fit
Sell Coinbase International live order book, 45 min ago12.13 bp39.1 bp −$39doesn'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
01 Exchange APTUSD−0.0528%1h0.7836−0.115%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0423%1h0.7853+0.103%$536K$628K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0132%1h0.7853+0.102%$7K$372K50xas long as short
Variational Omni APT−0.0084%8h0.7837−0.107%$615K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.829%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0020%8h0.7847+0.025%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7850+0.058%$22K150xas long as short
Lighter APT+0.0096%1h0.7844−0.013%$430K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7858+0.166%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7851+0.072%$305K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7851+0.072%$29.0M$97.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7846+0.013%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7851+0.076%$6.2M$23.5M50xas long as short
Gate APT_USDT+0.0100%8h0.7844−0.013%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7849+0.051%$28.1M$14.4M200xas long as short
KuCoin APTUSDTMlong+0.0100%8h0.7845long leg$5.5M$12.2M50x
Bitget APTUSDT+0.0100%8h0.78450.000%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7848+0.038%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7855+0.127%$200K$363K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7840−0.064%$65K$567K50xas long as short
SunX APT-USDT+0.0100%8h0.7843−0.025%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7852+0.089%$60$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7843−0.025%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7841−0.053%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7846+0.019%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7853+0.106%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7858+0.166%$1.5M$773K75xas long as short
Coinbase International APT-PERP-INTXshort+0.0288%1h0.7860+0.191%$208K$555K50x
Reya APTRUSDPERP+0.0466%1h0.7848+0.044%$3K20xas long as short
dYdX APT-USD+0.0709%1h0.7850+0.063%$55K$5K10xas long as short