Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.1% APRnext payment +$1.02 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against Orderly−0.206%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.206% cheaper against Orderly than usual: you would sell low and buy high (spread −0.206% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 6.8 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_APT_USDC | 0.7768 | −0.0002 | get 0.0002% / 8h | 6h 33m | $10K | $7K | 10x |
| Short | Bybit APTUSDT | 0.7752 | 0.0100 | get 0.0100% / 8h | 6h 33m | $28.2M | $38.2M | 50x |
Orderly PERP_APT_USDC
Bybit APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- $21.34
- Price spread: −0.206% → 0.000%
- −$20.6
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$16.26
- Costs to cover
- 0.170%
- Break-even
- 12.3 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.65 bp | 11.5 bp −$11 | 22.2 bp −$222 | 70.4 bp −$7,040 | doesn'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.| 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 | 0.7752 | −0.206% | $39K | — | 150x | as long as short |
| Orderly PERP_APT_USDClong | −0.0002% | 8h | 0.7768 | long leg | $10K | $7K | 10x | |
| Variational Omni APT | +0.0003% | 8h | 0.7738 | −0.382% | $501K | $331K | — | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0007% | 1h | 0.7771 | +0.039% | $12K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0026% | 1h | 0.7757 | −0.136% | $54K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.154% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7752 | −0.206% | $415K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7758 | −0.129% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7749 | −0.245% | $243K | $923K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7753 | −0.189% | $28.7M | $106.3M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDTshort | +0.0100% | 8h | 0.7752 | −0.206% | $28.2M | $38.2M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7753 | −0.193% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7754 | −0.180% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7756 | −0.154% | $28.5M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7752 | −0.206% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7752 | −0.206% | $8.7M | $12.9M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7752 | −0.206% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7779 | +0.142% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | −0.360% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7747 | −0.270% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7768 | 0.000% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7715 | −0.682% | $259K | $127K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7741 | −0.342% | $84K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7769 | +0.011% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7768 | +0.005% | $529K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7754 | −0.181% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7767 | −0.013% | $204K | $534K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7751 | −0.214% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2720% | 1h | 0.7809 | +0.528% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD