Funding you earn now, next payment 03:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.098%
Price spread now: Coinbase International against OKX+0.601%7-day average +0.220% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 4 days (all we have)+2.975%+$298 · spread now +0.601%, 7d avg +0.220%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.381% dearer against OKX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.220%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APT-USDT-SWAP | 0.7658 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $5.7M | $24.6M | 50x |
| Short | Coinbase International APT-PERP-INTX | 0.7704 | 0.0328 | get 0.0041% / 1h | 52m 34s | $221K | $494K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $47.88
- Price spread: +0.601% → +0.220%
- $38.08
- Slippage, 4 orders
- −$109.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$43.18
- Costs to cover
- 1.291%
- Break-even
- 13.3 days
Slippage from OKX: live order book, 1 min ago; Coinbase International: live order book, 6 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 OKX live order book, 1 min ago | 0.65 bp | 11.0 bp −$11 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 10.46 bp | 44.1 bp −$44 | 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 | 0.7687 | +0.379% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7686 | +0.366% | $22K | $439K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0014% | 8h | 0.7686 | +0.366% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0033% | 8h | 0.7688 | +0.395% | $513K | $415K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.593% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7672 | +0.183% | $410K | $419K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7686 | +0.366% | $5.3M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7687 | +0.385% | $99K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7661 | +0.039% | $28.0M | $105.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7660 | +0.026% | $27.6M | $38.6M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAPlong | +0.0100% | 8h | 0.7658 | long leg | $5.7M | $24.6M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7682 | +0.313% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7670 | +0.157% | $28.9M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7678 | +0.261% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7656 | −0.026% | $8.5M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7669 | +0.144% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7686 | +0.366% | $190K | $381K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | +0.157% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7677 | +0.248% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7686 | +0.366% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7699 | +0.535% | $260K | $118K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7661 | +0.045% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7688 | +0.393% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7684 | +0.334% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7693 | +0.457% | $1.4M | $948K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0315% | 1h | 0.7685 | +0.353% | $530K | $639K | 50x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0328% | 1h | 0.7704 | +0.601% | $221K | $494K | 50x | |
| Reya APTRUSDPERP | +0.0484% | 1h | 0.7659 | +0.014% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0901% | 1h | 0.7680 | +0.283% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4744% | 1h | 0.7790 | +1.724% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Coinbase International APT-PERP-INTX
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
01 Exchange APTUSD