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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Backpack−0.077%84s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 3 days (all we have)+0.288%+$29 · spread now −0.077%, 7d avg +0.007%
Together, before fees+0.245%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.083% cheaper against Backpack than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.78360.0100pay 0.0013% / 1h32m 06s$199K$365K20x
ShortApeX Omni APTUSDT0.78300.0100get 0.0013% / 1h32m 06s$65K$569K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: −0.077% → +0.007%
−$8.35
Slippage, 4 orders
−$44.44
Fee Backpack: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$72.78
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Backpack: live order book, 51 min ago; ApeX Omni: live order book, 51 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 Backpack live order book, 51 min ago0.64 bp7.7 bp −$830.0 bp −$300doesn't fitdoesn't fit
Sell ApeX Omni live order book, 51 min ago12.76 bp25.1 bp −$25163.8 bp −$1,638doesn'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
01 Exchange APTUSD−0.0464%1h0.7825−0.140%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0424%1h0.7835−0.019%$540K$633K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0260%1h0.7834−0.026%$7K$372K50xas long as short
Variational Omni APT−0.0082%8h0.7844+0.097%$615K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.715%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0023%8h0.7833−0.038%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7832−0.051%$22K150xas long as short
Lighter APT+0.0096%1h0.7830−0.077%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7840+0.051%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7833−0.043%$304K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7833−0.038%$28.8M$97.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7834−0.026%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7830−0.077%$6.2M$23.5M50xas long as short
Gate APT_USDT+0.0100%8h0.7829−0.089%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7839+0.038%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7830−0.077%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7828−0.102%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7830−0.077%$6.5Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7836long leg$199K$365K20x
ApeX Omni APTUSDTshort+0.0100%1h0.7830−0.077%$65K$569K50x
SunX APT-USDT+0.0100%8h0.7808−0.357%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7831−0.064%$68$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7835−0.013%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7827−0.110%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7830−0.077%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7834−0.021%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7832−0.051%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7845+0.115%$208K$557K50xas long as short
Reya APTRUSDPERP+0.0467%1h0.7826−0.131%$3K20xas long as short
dYdX APT-USD+0.0749%1h0.7829−0.089%$55K$5K10xas long as short