Funding you earn now, next payment 23:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.044%
Price spread now: Deribit against Orderly−0.038%7-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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.038% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_APT_USDC | 0.7834 | −0.0021 | get 0.0021% / 8h | 1h 40m | $10K | $7K | 10x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7831 | −0.0261 | pay 0.0033% / 1h | 40m 32s | $7K | $372K | 50x |
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$50.41
- Price spread: −0.038% → 0.000%
- −$3.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$67.24
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 43 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 Deribit live order book, 43 min ago | 7.66 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0520% | 1h | 0.7829 | −0.064% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0424% | 1h | 0.7829 | −0.068% | $534K | $627K | 50x | as long as short |
| Deribit APT_USDC-PERPETUALshort | −0.0261% | 1h | 0.7831 | −0.038% | $7K | $372K | 50x | |
| Variational Omni APT | −0.0083% | 8h | 0.7793 | −0.526% | $611K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.689% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDClong | −0.0021% | 8h | 0.7834 | long leg | $10K | $7K | 10x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7840 | +0.071% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7832 | −0.026% | $429K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7845 | +0.140% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7834 | 0.000% | $304K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7834 | 0.000% | $28.9M | $97.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7829 | −0.064% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7835 | +0.013% | $6.2M | $23.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7830 | −0.051% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7830 | −0.051% | $27.9M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7827 | −0.089% | $5.5M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7836 | +0.026% | $8.9M | $12.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7833 | −0.013% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7832 | −0.026% | $200K | $361K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7820 | −0.179% | $65K | $567K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7825 | −0.115% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7828 | −0.077% | $64 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | +0.115% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7829 | −0.068% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7835 | +0.018% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7839 | +0.059% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7833 | −0.013% | $1.5M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7854 | +0.255% | $208K | $555K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0466% | 1h | 0.7835 | +0.016% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0642% | 1h | 0.7832 | −0.027% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD