Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Deribit against OKX+0.170%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.487%+$49 · spread now +0.170%, 7d avg +0.092%
=The price spread pays, funding is against you. Deribit is 0.078% dearer against OKX than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.092%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.098% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APT-USDT-SWAP | 0.7643 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $5.7M | $25.7M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7656 | 0 | get 0.0000% / 1h | 42m 58s | $2K | $582K | 50x |
OKX APT-USDT-SWAP
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.170% → +0.092%
- $7.77
- Slippage, 4 orders
- −$29.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$59.51
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Deribit: live order book, 1 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 | 12.2 bp −$12 | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 6.53 bp | 10.0 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0228% | 1h | 0.7649 | +0.085% | $526K | $630K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7655 | +0.163% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7656 | +0.170% | $2K | $582K | 50x | |
| Variational Omni APT | +0.0001% | 8h | 0.7625 | −0.233% | $489K | $433K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0026% | 8h | 0.7652 | +0.118% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.792% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7650 | +0.092% | $406K | $420K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7655 | +0.157% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7649 | +0.084% | $92K | $950K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7649 | +0.074% | $27.8M | $108.3M | 75x | as long as short |
Kraken Futures PF_APTUSD
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7642 | −0.013% | $27.1M | $41.4M | 50x | as long as short |
| OKX APT-USDT-SWAPlong | +0.0100% | 8h | 0.7643 | long leg | $5.7M | $25.7M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7646 | +0.039% | $2.6M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7651 | +0.105% | $30.6M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7652 | +0.118% | $4.9M | $12.0M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7653 | +0.131% | $8.6M | $13.4M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7649 | +0.079% | — | $26.3M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7660 | +0.222% | $62K | $584K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7643 | 0.000% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7652 | +0.118% | $90 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7652 | +0.118% | $252K | $154K | 50x | as long as short |
| Backpack APT_USDC_PERP | +0.0103% | 1h | 0.7656 | +0.170% | $175K | $331K | 20x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7648 | +0.070% | $83K | $587K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7654 | +0.143% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7656 | +0.171% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7654 | +0.144% | $1.4M | $992K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7670 | +0.353% | $220K | $457K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0495% | 1h | 0.7655 | +0.162% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0953% | 1h | 0.7644 | +0.019% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5656% | 1h | 0.7768 | +1.635% | $2K | — | 5x | as long as short |
Bybit APTUSDT
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Backpack APT_USDC_PERP
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD