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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.317%
Price spread now: Injective against SunX−2.261%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$3143.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.409%−$41 on $10k
Price spread, last 3 days (all we have)+1.922%+$192 · spread now −2.261%, 7d avg −0.148%
Together, before fees+1.513%+$151 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.114% cheaper against SunX than usual: you would sell low and buy high (−$211 if the spread goes back to its 7-day average of −0.148%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APT-USDT0.79600.0100pay 0.0100% / 8h11m 14s$6K$1.5M20x
ShortInjective APT/USDC PERP0.77800.0033get 0.0004% / 1h11m 14s$2K$241K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −2.261% → −0.148%
−$211.36
Slippage, 4 orders
−$305.73
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$539.11
Costs to cover
3.137%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; Injective: live order book, 3 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, 3 min ago30.02 bp101.0 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Injective live order book, 3 min ago49.94 bp49.9 bp −$50doesn'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
Kraken Futures PF_APTUSD−0.0399%1h0.7984+0.304%$552K$637K50xas long as short
Variational Omni APT−0.0039%8h0.7974+0.180%$522K$322Kas long as short
Orderly PERP_APT_USDC−0.0011%8h0.7973+0.163%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7983+0.284%$21K150xas long as short
Deribit APT_USDC-PERPETUAL−0.0001%1h0.7977+0.214%$13K$417K50xas long as short
Injective APT/USDC PERPshort+0.0033%1h0.7780−2.261%$2K$241K12x
Lighter APT+0.0096%1h0.7973+0.163%$429K$394K10xas long as short
Aster APTUSDT+0.0100%8h0.7987+0.343%$308K$489K20xas long as short
Binance APTUSDT+0.0100%8h0.7974+0.176%$30.2M$101.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7974+0.176%$29.5M$37.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7978+0.226%$6.3M$24.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7977+0.214%$2.8M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7972+0.151%$29.1M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7973+0.163%$5.6M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7972+0.151%$9.0M$12.6M75xas long as short
BingX APT-USDT+0.0100%8h0.7976+0.201%$25.9Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7990+0.377%$65K$571K50xas long as short
SunX APT-USDTlong+0.0100%8h0.7960long leg$6K$1.5M20x
SoDEX APT-USD+0.0100%1h0.7972+0.151%$56$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7990+0.377%$269K$142K50xas long as short
Extended APT-USD+0.0104%1h0.7971+0.138%$85K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7974+0.172%$25K3xas long as short
Backpack APT_USDC_PERP+0.0117%1h0.7982+0.276%$204K$371K20xas long as short
Hyperliquid APT+0.0127%1h0.7987+0.339%$6.2M$5.7M10xas long as short
GMX APT/USD [ETH-USDC]L +0.0191% / S −0.0143%1h0.7981+0.266%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7975+0.188%$1.5M$830K75xas long as short
Coinbase International APT-PERP-INTX+0.0240%1h0.7981+0.264%$211K$579K50xas long as short
Reya APTRUSDPERP+0.0472%1h0.7981+0.267%$3K20xas long as short
dYdX APT-USD+0.0716%1h0.8000+0.503%$56K$6K10xas long as short
01 Exchange APTUSD+0.1776%1h0.8042+1.030%$2K5xas long as short