Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.006%

Price spread now: GMX against Aster−0.040%7-day average — · you buy dearer than you sell

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

Long on Aster Short on GMX

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.040% cheaper against Aster than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster APTUSDT	0.7957	0.0100	pay 0.0100% / 8h	49m 12s	$310K	$465K	20x
Short	GMX APT/USD [ETH-USDC]	0.7954	L +0.0190% / S −0.0143%	get 0.0018% / 1h	49m 12s	$17K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now −0.040%Rate

Funding earned: $9.01
Price spread: −0.040% → 0.000%: −$3.96
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$14.95
Costs to cover: 0.200%
Break-even: 18.6 days

Slippage unknown: Aster: live order book, 28 min ago; GMX: no order-book sample. 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 Aster live order book, 28 min ago	4.45 bp	39.5 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Kraken Futures PF_APTUSD	−0.0400%	1h	0.7955	−0.028%	$551K	$634K	50x	as long as short
01 Exchange APTUSD	−0.0296%	1h	0.7942	−0.185%	$2K	—	5x	as long as short
Variational Omni APT	−0.0056%	8h	0.7941	−0.204%	$517K	$320K	—	as long as short
Orderly PERP_APT_USDC	−0.0014%	8h	0.7947	−0.123%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7956	−0.008%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7950	−0.085%	$14K	$411K	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	−2.221%	$2K	$241K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7947	−0.123%	$435K	$353K	10x	as long as short
Aster APTUSDTlong	+0.0100%	8h	0.7957	long leg	$310K	$465K	20x
Binance APTUSDT	+0.0100%	8h	0.7949	−0.095%	$29.5M	$98.6M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit APTUSDT	+0.0100%	8h	0.7941	−0.198%	$29.6M	$36.2M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7943	−0.173%	$6.2M	$24.2M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7953	−0.047%	$2.8M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7958	+0.016%	$28.8M	$14.6M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7951	−0.072%	$5.6M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7945	−0.148%	$9.0M	$12.6M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7951	−0.072%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7961	+0.053%	$200K	$368K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7950	−0.085%	$66K	$569K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7943	−0.173%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7950	−0.085%	$75	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7947	−0.123%	$268K	$139K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7942	−0.188%	$85K	$464K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7947	−0.119%	$25K	—	3x	as long as short
Hyperliquid APT	+0.0132%	1h	0.7964	+0.091%	$6.1M	$5.4M	10x	as long as short
GMX APT/USD [ETH-USDC]short	L +0.0190% / S −0.0143%	1h	0.7954	−0.040%	$17K	—	100x
BloFin APT-USDT	+0.0220%	8h	0.7952	−0.060%	$1.5M	$807K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0240%	1h	0.7950	−0.085%	$211K	$570K	50x	as long as short
Reya APTRUSDPERP	+0.0469%	1h	0.7950	−0.080%	$3K	—	20x	as long as short
dYdX APT-USD	+0.1445%	1h	0.7957	−0.002%	$56K	$5K	10x	as long as short