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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.3044%/8h= −333.3% APRnext payment $3.80 per $10,000 · paid last 24h +0.151%
Price spread now: Backpack against 01 Exchange−0.448%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$91 a day on $10k at the current rate, and Backpack is 0.448% cheaper against 01 Exchange than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange APTUSD0.78140.3144pay 0.0393% / 1h51m 41s$2K5x
ShortBackpack APT_USDC_PERP0.77790.0100get 0.0013% / 1h51m 41s$195K$380K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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
−$639.24
Price spread: −0.448% → 0.000%
−$44.79
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$701.03
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Backpack live order book, 17 min ago0.63 bp7.3 bp −$727.9 bp −$279doesn't fitdoesn't fit
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni APT−0.0006%8h0.7720−1.199%$500K$331Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7769−0.574%$39K150xas long as short
Orderly PERP_APT_USDC−0.0004%8h0.7776−0.486%$10K$7K10xas long as short
dYdX APT-USD0.0000%1h0.7769−0.579%$54K$6K10xas long as short
Deribit APT_USDC-PERPETUAL+0.0007%1h0.7774−0.512%$12K$418K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.435%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7765−0.627%$416K$405K10xas long as short
Hyperliquid APT+0.0100%1h0.7773−0.525%$5.6M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7771−0.552%$244K$593K20xas long as short
Binance APTUSDT+0.0100%8h0.7772−0.542%$29.1M$105.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7766−0.614%$28.2M$37.9M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7758−0.717%$5.8M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7772−0.537%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7765−0.627%$28.7M$15.1M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7771−0.550%$5.4M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7764−0.640%$8.6M$12.8M75xas long as short
BingX APT-USDC+0.0100%8h0.7766−0.614%$6.5Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7779−0.448%$195K$380K20x
ApeX Omni APTUSDT+0.0100%1h0.7760−0.691%$63K$575K50xas long as short
SunX APT-USDT+0.0100%8h0.7760−0.691%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7771−0.550%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7752−0.793%$261K$127K50xas long as short
Extended APT-USD+0.0104%1h0.7768−0.588%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7773−0.530%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7769−0.581%$529K$642K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7773−0.522%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7761−0.678%$1.5M$958K75xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7777−0.474%$205K$537K50xas long as short
Reya APTRUSDPERP+0.0476%1h0.7776−0.485%$3K20xas long as short
01 Exchange APTUSDlong+0.3144%1h0.7814long leg$2K5x