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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against KuCoin+0.013%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.013%, 7d avg +0.044%
Together, before fees+0.033%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.031% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APTUSDTM0.76950.0100pay 0.0100% / 8h4h 53m$5.1M$12.3M50x
ShortHyperliquid APT0.76960.0100get 0.0013% / 1h53m 53s$5.3M$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.013% → +0.044%
−$3.12
Slippage, 4 orders
−$64.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$88.54
Costs to cover
0.854%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 8 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 ago3.26 bp33.4 bp −$3377.3 bp −$773doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.95 bp11.6 bp −$12doesn'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%1h0.7696+0.015%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7694−0.013%$22K$439K50xas long as short
Orderly PERP_APT_USDC+0.0013%8h0.7691−0.052%$10K$7K10xas long as short
Variational Omni APT+0.0033%8h0.7688−0.088%$513K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.105%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7692−0.039%$411K$419K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7696+0.013%$5.3M$6.2M10x
Aster APTUSDT+0.0100%8h0.7694−0.013%$100K$958K20xas long as short
Binance APTUSDT+0.0100%8h0.7700+0.059%$28.1M$105.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7687−0.104%$27.7M$38.6M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7687−0.104%$5.7M$24.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7696+0.013%$2.6M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7699+0.052%$28.9M$15.2M200xas long as short
KuCoin APTUSDTMlong+0.0100%8h0.7695long leg$5.1M$12.3M50x
Bitget APTUSDT+0.0100%8h0.7689−0.078%$8.6M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7696+0.013%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7699+0.052%$190K$382K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7670−0.325%$62K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7679−0.208%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.76950.000%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7699+0.052%$260K$118K50xas long as short
Extended APT-USD+0.0104%1h0.7691−0.055%$83K$483K25xas long as short
Aevo APT-PERP+0.0104%1h0.7694−0.009%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7694−0.017%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7694−0.013%$1.4M$947K75xas long as short
Kraken Futures PF_APTUSD+0.0315%1h0.7695+0.006%$531K$639K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7704+0.117%$221K$494K50xas long as short
Reya APTRUSDPERP+0.0483%1h0.7689−0.080%$3K20xas long as short
dYdX APT-USD+0.0580%1h0.7689−0.082%$54K$6K10xas long as short
01 Exchange APTUSD+0.4640%1h0.7784+1.157%$2K5xas long as short