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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.98 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Orderly−0.142%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bitget is 0.142% cheaper against Orderly than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_APT_USDC0.77680.0002pay 0.0002% / 8h6h 11m$10K$7K10x
ShortBitget APTUSDT0.77570.0100get 0.0100% / 8h6h 11m$8.6M$12.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$20.6
Price spread: −0.142% → 0.000%
−$14.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$11.56
Costs to cover
0.180%
Break-even
10.9 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bitget live order book, 2 min ago1.29 bp10.9 bp −$1119.1 bp −$19171.4 bp −$7,140doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APT on 29 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%1h0.7768+0.002%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7770+0.026%$12K$418K50xas long as short
Orderly PERP_APT_USDClong+0.0002%8h0.7768long leg$10K$7K10x
Variational Omni APT+0.0006%8h0.7750−0.231%$505K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.154%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7758−0.129%$416K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.77680.000%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7763−0.068%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7760−0.101%$28.6M$106.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7757−0.142%$28.2M$38.2M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7758−0.129%$5.8M$24.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7762−0.077%$2.7M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7760−0.103%$29.4M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7765−0.039%$5.3M$12.2M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7757−0.142%$8.6M$12.8M75x
BingX APT-USDT+0.0100%8h0.7764−0.051%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.77680.000%$193K$391K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7770+0.026%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7748−0.257%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7765−0.039%$58$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7775+0.090%$261K$125K50xas long as short
Extended APT-USD+0.0104%1h0.7762−0.083%$84K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7770+0.030%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7772+0.053%$530K$643K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7764−0.048%$17K100xas long as short
dYdX APT-USD+0.0234%1h0.7764−0.057%$54K$6K10xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.528%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0479%1h0.7763−0.067%$3K20xas long as short
01 Exchange APTUSD+0.2216%1h0.7833+0.837%$2K5xas long as short