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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Backpack−0.111%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.111% cheaper against Backpack than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.77280.0100pay 0.0013% / 1h0m 31s$183K$298K20x
ShortAevo APT-PERP0.77190.0104get 0.0013% / 1h0m 31s$28K$5K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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
$0.84
Price spread: −0.111% → 0.000%
−$11.12
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$36.28
Costs to cover
0.260%
Break-even
309.3 days
Slippage unknown: Backpack: live order book, 38 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 38 min ago0.65 bp7.2 bp −$724.5 bp −$245doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
Kraken Futures PF_APTUSD−0.0439%1h0.7720−0.108%$524K$552K50xas long as short
Variational Omni APT−0.0065%8h0.7713−0.188%$493K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7726−0.031%$21K150xas long as short
Orderly PERP_APT_USDC+0.0015%8h0.7724−0.052%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.673%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7719−0.116%$413K$421K10xas long as short
Hyperliquid APT+0.0100%1h0.7727−0.013%$5.0M$5.9M10xas long as short
Aster APTUSDT+0.0100%8h0.7716−0.155%$92K$883K20xas long as short
Binance APTUSDT+0.0100%8h0.7721−0.091%$28.2M$94.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7714−0.181%$27.5M$37.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7714−0.181%$5.7M$23.1M50xas long as short
Gate APT_USDT+0.0100%8h0.7718−0.129%$2.6M$4.5M75xas long as short
MEXC APT_USDT+0.0100%8h0.7720−0.104%$31.5M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7717−0.142%$4.9M$11.0M50xas long as short
Bitget APTUSDT+0.0100%8h0.7719−0.116%$8.7M$11.7M75xas long as short
BingX APT-USDC+0.0100%8h0.7725−0.039%$6.5Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7728long leg$183K$298K20x
ApeX Omni APTUSDT+0.0100%1h0.7720−0.104%$59K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7716−0.155%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7722−0.078%$104$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7715−0.168%$253K$165K50xas long as short
Extended APT-USD+0.0104%1h0.7716−0.157%$83K$635K25xas long as short
Aevo APT-PERPshort+0.0104%1h0.7719−0.111%$28K$5K3x
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7724−0.051%$16K100xas long as short
Deribit APT_USDC-PERPETUAL+0.0138%1h0.7726−0.026%$20K$597K50xas long as short
BloFin APT-USDT+0.0220%8h0.7729+0.013%$1.4M$799K75xas long as short
Coinbase International APT-PERP-INTX+0.0360%1h0.7730+0.026%$222K$314K50xas long as short
Reya APTRUSDPERP+0.0501%1h0.7717−0.148%$3K20xas long as short
dYdX APT-USD+0.0940%1h0.7718−0.123%$54K$6K10xas long as short
01 Exchange APTUSD+0.4824%1h0.7817+1.152%$2K5xas long as short