Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.063%
Price spread now: Coinbase International against MEXC+0.128%51s7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 4 days (all we have)+3.315%+$332 · spread now +0.128%, 7d avg +0.154%
=Funding pays, the price is against you. Coinbase International is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.154%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APT_USDT | 0.7800 | 0.0100 | pay 0.0100% / 8h | 5h 16m | $29.4M | $15.3M | 200x |
| Short | Coinbase International APT-PERP-INTX | 0.7810 | 0.0320 | get 0.0040% / 1h | 16m 27s | $205K | $536K | 50x |
MEXC APT_USDT
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.2
- Price spread: +0.128% → +0.154%
- −$2.57
- Slippage, 4 orders
- −$86.14
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$52.51
- Costs to cover
- 0.961%
- Break-even
- 15.0 days
Slippage from MEXC: live order book, 2 min ago; Coinbase International: live order book, 47 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 2 min ago | 0.64 bp | 3.6 bp −$4 | 10.3 bp −$103 | 59.2 bp −$5,918 | 78.5 bp −$39.2K |
| Sell Coinbase International live order book, 47 min ago | 8.42 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7800 | 0.000% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7808 | +0.103% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0011% | 8h | 0.7795 | −0.064% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0032% | 8h | 0.7787 | −0.166% | $525K | $410K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −0.256% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7801 | +0.013% | $416K | $419K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7805 | +0.064% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7807 | +0.090% | $98K | $945K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7801 | +0.013% | $28.6M | $104.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7794 | −0.077% | $28.2M | $38.0M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7794 | −0.077% | $5.8M | $24.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7802 | +0.026% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDTlong | +0.0100% | 8h | 0.7800 | long leg | $29.4M | $15.3M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7800 | 0.000% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7796 | −0.051% | $8.6M | $12.5M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7798 | −0.026% | — | $26.0M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7790 | −0.128% | $64K | $578K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7791 | −0.115% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7805 | +0.064% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7804 | +0.051% | $264K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7796 | −0.048% | $80K | $484K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7798 | −0.026% | $29K | $5K | 3x | as long as short |
| Backpack APT_USDC_PERP | +0.0131% | 1h | 0.7815 | +0.192% | $196K | $372K | 20x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7802 | +0.023% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7812 | +0.154% | $1.4M | $962K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0254% | 1h | 0.7801 | +0.008% | $535K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0320% | 1h | 0.7810 | +0.128% | $205K | $536K | 50x | |
| Reya APTRUSDPERP | +0.0482% | 1h | 0.7799 | −0.019% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1125% | 1h | 0.7806 | +0.083% | $55K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3488% | 1h | 0.7863 | +0.808% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Backpack APT_USDC_PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD