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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.194%
Price spread now: Injective against Aster+0.154%47s7-day average −0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1801.803% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.495%−$50 on $10k
Price spread, last 4 days (all we have)+2.789%+$279 · spread now +0.154%, 7d avg −0.163%
Together, before fees+2.294%+ Points / potential airdropAster: Stage 5 · farm board+$229 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.318% dearer against Aster than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.163%): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.495% in total) that is about 4.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APTUSDT0.77680.0100pay 0.0100% / 8h7h 14m$91K$863K20x
ShortInjective APT/USDC PERP0.77800.0033get 0.0004% / 1h14m 33s$2K$240K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$14
Price spread: +0.154% → −0.163%
$31.78
Slippage, 4 orders
−$172.28
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$162.52
Costs to cover
1.803%
Break-even
never at this rate
Slippage from Aster: live order book, 18 min ago; Injective: live order book, 19 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 Aster live order book, 18 min ago4.56 bp18.6 bp −$19535.7 bp −$5,357doesn't fitdoesn't fit
Sell Injective live order book, 19 min ago52.02 bp52.0 bp −$52doesn'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
Variational Omni APT−0.0069%8h0.7763−0.060%$496K$411Kas long as short
Deribit APT_USDC-PERPETUAL−0.0007%1h0.7765−0.039%$20K$597K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7764−0.053%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7764−0.051%$10K$6K10xas long as short
Injective APT/USDC PERPshort+0.0033%1h0.7780+0.154%$2K$240K12x
Bybit APTUSDT+0.0076%8h0.7759−0.116%$27.6M$35.5M50xas long as short
Lighter APT+0.0096%1h0.7766−0.026%$414K$416K10xas long as short
Hyperliquid APT+0.0100%1h0.7766−0.026%$5.1M$6.1M10xas long as short
Aster APTUSDTlong+0.0100%8h0.7768long leg$91K$863K20x
Binance APTUSDT+0.0100%8h0.7762−0.082%$28.2M$92.0M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7761−0.090%$5.8M$22.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7762−0.077%$2.6M$4.3M75xas long as short
MEXC APT_USDT+0.0100%8h0.7765−0.039%$22.5M$14.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7766−0.026%$4.9M$10.7M50xas long as short
Bitget APTUSDT+0.0100%8h0.7767−0.013%$8.8M$11.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7765−0.039%$24.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7765−0.039%$179K$293K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7740−0.360%$59K$583K50xas long as short
SunX APT-USDT+0.0100%8h0.7748−0.257%$6K$1.2M20xas long as short
SoDEX APT-USD+0.0100%1h0.7763−0.064%$92$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758−0.129%$257K$152K50xas long as short
Extended APT-USD+0.0104%1h0.7756−0.148%$80K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7766−0.025%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7765−0.035%$17K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7770+0.028%$530K$526K50xas long as short
BloFin APT-USDT+0.0220%8h0.7758−0.129%$1.4M$763K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7780+0.154%$223K$299K50xas long as short
Reya APTRUSDPERP+0.0504%1h0.7755−0.165%$3K20xas long as short
dYdX APT-USD+0.0949%1h0.7766−0.027%$54K$6K10xas long as short
01 Exchange APTUSD+0.3584%1h0.7840+0.927%$2K5xas long as short