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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Backpack−0.118%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.118%, 7d avg −0.022%
Together, before fees+0.239%+ Points / potential airdropAster: Stage 5 · farm board+$24 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: Aster is 0.096% cheaper against Backpack than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.77470.0100pay 0.0013% / 1h29m 43s$191K$381K20x
ShortAster APTUSDT0.77380.0100get 0.0100% / 8h4h 29m$97K$961K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: −0.118% → −0.022%
−$9.58
Slippage, 4 orders
−$51.63
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$79.21
Costs to cover
0.696%
Break-even
never at this rate
Slippage from Backpack: live order book, 29 min ago; Aster: live order book, 28 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, 29 min ago1.96 bp9.3 bp −$938.9 bp −$389doesn't fitdoesn't fit
Sell Aster live order book, 28 min ago3.92 bp37.0 bp −$37294.3 bp −$2,943doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7718−0.374%$21K150xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7726−0.271%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.426%$2K$240K12xas long as short
Variational Omni APT+0.0047%8h0.7706−0.527%$514K$415Kas long as short
Lighter APT+0.0096%1h0.7729−0.232%$412K$421K10xas long as short
Hyperliquid APT+0.0100%1h0.7738−0.116%$5.3M$6.2M10xas long as short
Aster APTUSDTshort+0.0100%8h0.7738−0.118%$97K$961K20x
Binance APTUSDT+0.0100%8h0.7734−0.162%$28.3M$106.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7731−0.207%$27.7M$39.1M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7730−0.219%$5.7M$25.0M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7738−0.116%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7730−0.219%$29.0M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7741−0.077%$5.1M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7734−0.168%$8.6M$12.8M75xas long as short
BingX APT-USDT+0.0100%8h0.7738−0.116%$26.0Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7747long leg$191K$381K20x
ApeX Omni APTUSDT+0.0100%1h0.7670−0.994%$62K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7713−0.439%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7722−0.323%$64$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7708−0.503%$261K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7730−0.216%$81K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7722−0.321%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7720−0.345%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7706−0.529%$1.4M$950K75xas long as short
Kraken Futures PF_APTUSD+0.0314%1h0.7719−0.365%$534K$639K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7720−0.349%$222K$458K50xas long as short
Deribit APT_USDC-PERPETUAL+0.0398%1h0.7726−0.271%$17K$443K50xas long as short
Reya APTRUSDPERP+0.0485%1h0.7719−0.367%$3K20xas long as short
dYdX APT-USD+0.0631%1h0.7721−0.342%$54K$6K10xas long as short
01 Exchange APTUSD+0.5344%1h0.7770+0.297%$2K5xas long as short