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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.055%
Price spread now: Deribit against KuCoin−0.355%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+1.184%+$118 · spread now −0.355%, 7d avg +0.061%
Together, before fees+1.064%+$106 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.416% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.355% now, against its 7-day average of +0.061%). If the spread goes back, that is −$42 on $10k: about 30 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APTUSDTM0.76120.0100pay 0.0100% / 8h2h 20m$4.9M$12.1M50x
ShortDeribit APT_USDC-PERPETUAL0.75850.0146get 0.0018% / 1h20m 41s$12K$571K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$9.66
Price spread: −0.355% → +0.061%
−$41.6
Slippage, 4 orders
−$93.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$144.37
Costs to cover
1.124%
Break-even
111.6 days
Slippage from KuCoin: live order book, 3 min ago; Deribit: live order book, 28 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 ago1.99 bp49.9 bp −$5074.0 bp −$740doesn't fitdoesn't fit
Sell Deribit live order book, 28 min ago5.91 bp14.6 bp −$15doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7589−0.303%$20K150xas long as short
Variational Omni APT+0.0007%8h0.7580−0.418%$506K$413Kas long as short
Orderly PERP_APT_USDC+0.0020%8h0.7587−0.328%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.207%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.76120.000%$405K$428K10xas long as short
Hyperliquid APT+0.0100%1h0.7615+0.039%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7608−0.059%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7608−0.052%$27.6M$107.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7600−0.158%$27.1M$41.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7603−0.118%$5.7M$25.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7613+0.013%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7610−0.026%$30.0M$15.3M200xas long as short
KuCoin APTUSDTMlong+0.0100%8h0.7612long leg$4.9M$12.1M50x
Bitget APTUSDT+0.0100%8h0.7614+0.026%$8.5M$13.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7619+0.092%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7591−0.276%$188K$359K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7550−0.815%$60K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7573−0.512%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7584−0.368%$89$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7555−0.749%$249K$153K50xas long as short
Extended APT-USD+0.0104%1h0.7615+0.034%$80K$581K25xas long as short
Aevo APT-PERP+0.0104%1h0.7588−0.317%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7585−0.358%$16K100xas long as short
Deribit APT_USDC-PERPETUALshort+0.0146%1h0.7585−0.355%$12K$571K50x
Kraken Futures PF_APTUSD+0.0219%1h0.7574−0.499%$525K$626K50xas long as short
BloFin APT-USDT+0.0220%8h0.7583−0.381%$1.4M$970K75xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7600−0.158%$218K$459K50xas long as short
Reya APTRUSDPERP+0.0493%1h0.7594−0.236%$3K20xas long as short
dYdX APT-USD+0.0862%1h0.7614+0.021%$53K$6K10xas long as short
01 Exchange APTUSD+0.7032%1h0.7750+1.813%$2K5xas long as short