Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Binance against Backpack−0.034%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.034%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7960 | 0.0100 | pay 0.0013% / 1h | 4m 18s | $200K | $373K | 20x |
| Short | Binance APTUSDT | 0.7957 | 0.0100 | get 0.0100% / 8h | 4m 18s | $30.2M | $102.3M | 75x |
Backpack APT_USDC_PERP
Binance APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.034% → −0.027%
- −$0.68
- Slippage, 4 orders
- −$17.03
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.72
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 9 min ago; Binance: live order book, 9 min ago.
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 Backpack live order book, 9 min ago | 0.63 bp | 8.2 bp −$8 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.63 bp | 9.2 bp −$9 | 17.0 bp −$170 | 67.8 bp −$6,777 | doesn't fit |
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 | 0.7964 | +0.050% | $551K | $638K | 50x | as long as short |
| Variational Omni APT | −0.0036% | 8h | 0.7947 | −0.158% | $520K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0008% | 8h | 0.7956 | −0.050% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7968 | +0.095% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7956 | −0.050% | $13K | $417K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.261% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7953 | −0.088% | $428K | $394K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7968 | +0.095% | $298K | $492K | 20x | as long as short |
| Binance APTUSDTshort | +0.0100% | 8h | 0.7957 | −0.034% | $30.2M | $102.3M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7954 | −0.075% | $29.5M | $37.2M | 50x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7951 | −0.113% | $6.3M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7963 | +0.038% | $2.8M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7955 | −0.063% | $28.9M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7950 | −0.126% | $5.6M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7954 | −0.075% | $8.9M | $12.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7955 | −0.063% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPlong | +0.0100% | 1h | 0.7960 | long leg | $200K | $373K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7960 | 0.000% | $65K | $572K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7956 | −0.050% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7952 | −0.101% | $56 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7954 | −0.075% | $267K | $142K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7949 | −0.142% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7954 | −0.069% | $25K | — | 3x | as long as short |
| Hyperliquid APT | +0.0109% | 1h | 0.7976 | +0.201% | $6.2M | $5.7M | 10x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7964 | +0.051% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7956 | −0.050% | $1.5M | $829K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.7979 | +0.239% | $211K | $580K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0472% | 1h | 0.7964 | +0.054% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0625% | 1h | 0.7968 | +0.098% | $56K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.1864% | 1h | 0.8030 | +0.879% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Hyperliquid APT
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD