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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0461%/8h= −50.5% APRpaid last 24h −0.095%
Price spread now: Kraken Futures against MEXC+0.030%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$510.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 3 days (all we have)+1.470%+$147 · spread now +0.030%, 7d avg +0.034%
Together, before fees+1.502%+$150 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APT_USDT0.78320.0100pay 0.0100% / 8h2h 26m$28.0M$14.5M200x
ShortKraken Futures PF_APTUSD0.7834−0.0361pay 0.0045% / 1h26m 52s$538K$616K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$96.8
Price spread: +0.030% → +0.034%
−$0.34
Slippage, 4 orders
−$41.48
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$148.62
Costs to cover
0.515%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 61 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 ago0.64 bp4.5 bp −$512.2 bp −$12259.4 bp −$5,94376.6 bp −$38.3K
Sell Kraken Futures live order book, 61 min ago10.31 bp21.7 bp −$2292.0 bp −$920doesn'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−0.0560%1h0.7822−0.128%$2K5xas long as short
Kraken Futures PF_APTUSDshort−0.0361%1h0.7834+0.030%$538K$616K50x
Variational Omni APT−0.0100%8h0.7781−0.649%$610K$223Kas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7829−0.038%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.664%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7829−0.036%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7833+0.013%$7K$382K50xas long as short
Lighter APT+0.0096%1h0.7833+0.013%$428K$348K10xas long as short
Bybit APTUSDT+0.0098%8h0.7836+0.051%$29.1M$35.4M50xas long as short
Hyperliquid APT+0.0100%1h0.7844+0.153%$5.9M$5.1M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APTUSDT+0.0100%8h0.78320.000%$305K$450K20xas long as short
Binance APTUSDT+0.0100%8h0.7838+0.082%$28.9M$96.2M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7839+0.089%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7833+0.013%$2.7M$4.6M75xas long as short
MEXC APT_USDTlong+0.0100%8h0.7832long leg$28.0M$14.5M200x
KuCoin APTUSDTM+0.0100%8h0.7835+0.038%$5.6M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7838+0.077%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7834+0.026%$27.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7840+0.102%$198K$365K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7790−0.536%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7817−0.192%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7831−0.013%$62$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7834+0.026%$265K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7833+0.011%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7830−0.026%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7833+0.010%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7833+0.013%$1.5M$774K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7840+0.102%$210K$545K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7827−0.066%$3K20xas long as short
dYdX APT-USD+0.0629%1h0.7824−0.106%$55K$5K10xas long as short