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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against SunX+0.241%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2412.409% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 3 days (all we have)−1.272%−$127 · spread now +0.241%, 7d avg +0.178%
Together, before fees−1.360%+ Points / potential airdropHyperliquid: Season 2 · farm board−$136 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.064% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.178%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APT-USDT0.78770.0100pay 0.0100% / 8h1h 03m$6K$1.4M20x
ShortHyperliquid APT0.78960.0100get 0.0013% / 1h3m 20s$6.0M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against SunX. 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
$0
Price spread: +0.241% → +0.178%
$6.36
Slippage, 4 orders
−$223.94
Fee SunX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$234.57
Costs to cover
2.409%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Hyperliquid: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago30.53 bp101.2 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.63 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit

APT on 30 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
01 Exchange APTUSD−0.0440%1h0.7876−0.013%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0421%1h0.7888+0.134%$544K$635K50xas long as short
Variational Omni APT−0.0061%8h0.7880+0.044%$617K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.231%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0018%8h0.7888+0.140%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7889+0.152%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7889+0.152%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7890+0.165%$432K$351K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7896+0.241%$6.0M$5.3M10x
Aster APTUSDT+0.0100%8h0.7889+0.158%$307K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7889+0.153%$29.1M$97.7M75xas long as short
Bybit APTUSDT+0.0100%8h0.7885+0.102%$29.5M$35.6M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7884+0.089%$6.2M$23.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7887+0.127%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7889+0.152%$28.6M$14.7M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7886+0.114%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7888+0.140%$8.9M$12.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7887+0.127%$24.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7891+0.178%$201K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7880+0.038%$66K$568K50xas long as short
SunX APT-USDTlong+0.0100%8h0.7877long leg$6K$1.4M20x
SoDEX APT-USD+0.0100%1h0.7887+0.127%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7883+0.076%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7884+0.089%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7886+0.110%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7886+0.110%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7889+0.152%$1.5M$799K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7897+0.254%$210K$561K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7888+0.134%$3K20xas long as short
dYdX APT-USD+0.0955%1h0.7888+0.138%$55K$5K10xas long as short