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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Backpack against MEXC+0.051%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.159%+$16 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.051%, 7d avg +0.032%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APT_USDT0.78980.0100pay 0.0100% / 8h1h 00m$28.6M$14.7M200x
ShortBackpack APT_USDC_PERP0.79020.0100get 0.0013% / 1h0m 51s$199K$368K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against MEXC. 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: +0.051% → +0.032%
$1.83
Slippage, 4 orders
−$14.43
Fee MEXC: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$22.6
Costs to cover
0.244%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Backpack: live order book, 18 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 MEXC live order book, 3 min ago1.90 bp4.8 bp −$514.2 bp −$14265.2 bp −$6,52384.3 bp −$42.1K
Sell Backpack live order book, 18 min ago0.64 bp6.4 bp −$629.2 bp −$292doesn'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−0.0440%1h0.7876−0.279%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7892−0.080%$544K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880−0.222%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.494%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7890−0.101%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7892−0.080%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7892−0.076%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7891−0.089%$432K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7905+0.089%$6.1M$5.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7899+0.013%$308K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7899+0.013%$29.2M$97.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7897−0.013%$29.6M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7897−0.013%$6.2M$23.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7895−0.038%$2.8M$4.7M75xas long as short
MEXC APT_USDTlong+0.0100%8h0.7898long leg$28.6M$14.7M200x
KuCoin APTUSDTM+0.0100%8h0.7893−0.063%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7894−0.051%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7894−0.051%$6.5Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7902+0.051%$199K$368K20x
ApeX Omni APTUSDT+0.0100%1h0.7890−0.101%$66K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7878−0.253%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7893−0.063%$71$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7889−0.114%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7890−0.105%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7893−0.059%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7893−0.067%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7899+0.013%$1.5M$800K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897−0.013%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7889−0.120%$3K20xas long as short
dYdX APT-USD+0.0976%1h0.7893−0.068%$55K$5K10xas long as short