Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0483%/8h= −52.8% APRpaid last 24h −0.176%

Price spread now: Variational Omni against Reya+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.061% dearer against Reya than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya APTRUSDPERP	0.7574	0.0491	pay 0.0061% / 1h	41m 36s	$3K	—	20x
Short	Variational Omni APT	0.7578	0.0009	get 0.0009% / 8h	2h 41m	$506K	$416K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee Variational OmnibpOrdersPrice spread, now +0.061%Rate

Funding earned: −$101.34
Price spread: +0.061% → 0.000%: $6.14
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$101.2
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 7 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 Reya no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 7 min ago	3.95 bp	doesn't fit	14.5 bp −$145	doesn't fit	doesn't fit

Reya: 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
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7578	+0.064%	$20K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7577	+0.046%	$6K	$556K	50x	as long as short
Variational Omni APTshort	+0.0009%	8h	0.7578	+0.061%	$506K	$416K	—
Orderly PERP_APT_USDC	+0.0018%	8h	0.7575	+0.019%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+2.726%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7573	−0.007%	$404K	$425K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7579	+0.072%	$4.9M	$6.3M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7579	+0.072%	$93K	$960K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7575	+0.016%	$27.4M	$106.9M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7568	−0.073%	$27.0M	$40.8M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7567	−0.086%	$5.6M	$24.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7571	−0.033%	$2.6M	$5.0M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7574	+0.006%	$29.9M	$15.2M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7572	−0.020%	$4.9M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7570	−0.047%	$8.6M	$13.1M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7570	−0.047%	—	$26.2M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7581	+0.099%	$188K	$357K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7580	+0.085%	$60K	$579K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7566	−0.099%	$5K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7574	+0.006%	$98	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7585	+0.152%	$248K	$149K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7565	−0.115%	$78K	$583K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7575	+0.019%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0136% / S −0.0090%	1h	0.7578	+0.059%	$16K	—	100x	as long as short
Kraken Futures PF_APTUSD	+0.0219%	1h	0.7577	+0.051%	$526K	$625K	50x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7574	+0.006%	$1.4M	$968K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0320%	1h	0.7630	+0.746%	$220K	$460K	50x	as long as short
Reya APTRUSDPERPlong	+0.0491%	1h	0.7574	long leg	$3K	—	20x
dYdX APT-USD	+0.0750%	1h	0.7579	+0.071%	$53K	$6K	10x	as long as short
01 Exchange APTUSD	+0.6696%	1h	0.7741	+2.211%	$2K	—	5x	as long as short