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 +0.005%
Price spread now: Hyperliquid against MEXC−0.026%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.026%, 7d avg +0.020%
Together, before fees+0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.046% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APT_USDT0.77100.0100pay 0.0100% / 8h4h 31m$29.0M$15.2M200x
ShortHyperliquid APT0.77080.0100get 0.0013% / 1h31m 57s$5.3M$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.026% → +0.020%
−$4.59
Slippage, 4 orders
−$16.71
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$30.31
Costs to cover
0.257%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 10 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, 2 min ago0.65 bp3.6 bp −$49.1 bp −$9158.3 bp −$5,83180.8 bp −$40.4K
Sell Hyperliquid live order book, 10 min ago1.31 bp10.7 bp −$11doesn'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%1h0.7692−0.233%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7697−0.169%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.908%$2K$240K12xas long as short
Variational Omni APT+0.0042%8h0.7620−1.165%$509K$415Kas long as short
Lighter APT+0.0096%1h0.7697−0.169%$411K$421K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7708−0.026%$5.3M$6.2M10x
Aster APTUSDT+0.0100%8h0.7701−0.120%$97K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7714+0.052%$28.2M$106.5M75xas long as short
Bybit APTUSDT+0.0100%8h0.77100.000%$27.6M$39.0M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7713+0.039%$5.7M$24.9M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7716+0.078%$2.6M$4.9M75xas long as short
MEXC APT_USDTlong+0.0100%8h0.7710long leg$29.0M$15.2M200x
KuCoin APTUSDTM+0.0100%8h0.7707−0.039%$5.1M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7711+0.013%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7713+0.039%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7708−0.026%$190K$381K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7650−0.778%$61K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7674−0.467%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7700−0.130%$65$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7633−0.999%$258K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7708−0.030%$81K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7699−0.141%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7693−0.216%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7681−0.376%$1.4M$947K75xas long as short
Kraken Futures PF_APTUSD+0.0315%1h0.7697−0.163%$532K$639K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7700−0.130%$222K$457K50xas long as short
Deribit APT_USDC-PERPETUAL+0.0400%1h0.7701−0.117%$17K$443K50xas long as short
Reya APTRUSDPERP+0.0485%1h0.7692−0.230%$3K20xas long as short
dYdX APT-USD+0.0592%1h0.7686−0.316%$54K$6K10xas long as short
01 Exchange APTUSD+0.5544%1h0.7769+0.765%$2K5xas long as short