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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+3.439%+$344 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APT-USDT-SWAP0.76580.0100pay 0.0100% / 8h4h 52m$5.7M$24.6M50x
ShortCoinbase International APT-PERP-INTX0.77040.0328get 0.0041% / 1h52m 34s$221K$494K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.65 bp11.0 bp −$1147.5 bp −$475doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago10.46 bp44.1 bp −$44doesn'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%1h0.7687+0.379%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7686+0.366%$22K$439K50xas long as short
Orderly PERP_APT_USDC+0.0014%8h0.7686+0.366%$10K$7K10xas long as short
Variational Omni APT+0.0033%8h0.7688+0.395%$513K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.593%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7672+0.183%$410K$419K10xas long as short
Hyperliquid APT+0.0100%1h0.7686+0.366%$5.3M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7687+0.385%$99K$958K20xas long as short
Binance APTUSDT+0.0100%8h0.7661+0.039%$28.0M$105.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7660+0.026%$27.6M$38.6M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAPlong+0.0100%8h0.7658long leg$5.7M$24.6M50x
Gate APT_USDT+0.0100%8h0.7682+0.313%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7670+0.157%$28.9M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7678+0.261%$5.1M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7656−0.026%$8.5M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7669+0.144%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7686+0.366%$190K$381K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7670+0.157%$62K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7677+0.248%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7686+0.366%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7699+0.535%$260K$118K50xas long as short
Extended APT-USD+0.0104%1h0.7661+0.045%$83K$483K25xas long as short
Aevo APT-PERP+0.0104%1h0.7688+0.393%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7684+0.334%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7693+0.457%$1.4M$948K75xas long as short
Kraken Futures PF_APTUSD+0.0315%1h0.7685+0.353%$530K$639K50xas long as short
Coinbase International APT-PERP-INTXshort+0.0328%1h0.7704+0.601%$221K$494K50x
Reya APTRUSDPERP+0.0484%1h0.7659+0.014%$3K20xas long as short
dYdX APT-USD+0.0901%1h0.7680+0.283%$54K$6K10xas long as short
01 Exchange APTUSD+0.4744%1h0.7790+1.724%$2K5xas long as short