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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Backpack−0.072%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$15 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.072%, 7d avg −0.123%
Together, before fees−0.035%+ Points / potential airdropExtended: Active · farm board−$3 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: Extended is 0.052% dearer against Backpack than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack APT_USDC_PERP0.76300.0100pay 0.0013% / 1h50m 03s$188K$381K20x
ShortExtended APT-USD0.76250.0104get 0.0013% / 1h50m 03s$83K$483K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.072% → −0.123%
$5.16
Slippage, 4 orders
−$28.89
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$37.89
Costs to cover
0.439%
Break-even
322.7 days
Slippage from Backpack: live order book, 9 min ago; Extended: live order book, 8 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, 9 min ago1.96 bp9.3 bp −$938.9 bp −$389doesn't fitdoesn't fit
Sell Extended live order book, 8 min ago3.27 bp12.8 bp −$13125.9 bp −$1,259doesn'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%1h0.7633+0.039%$20K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7631+0.013%$17K$443K50xas long as short
Orderly PERP_APT_USDC+0.0014%8h0.76300.000%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.966%$2K$240K12xas long as short
Variational Omni APT+0.0037%8h0.7625−0.063%$509K$415Kas long as short
Lighter APT+0.0096%1h0.7625−0.066%$407K$420K10xas long as short
Hyperliquid APT+0.0100%1h0.7629−0.013%$5.2M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.76300.000%$98K$959K20xas long as short
Binance APTUSDT+0.0100%8h0.7625−0.068%$27.9M$106.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7616−0.183%$27.2M$38.9M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7615−0.197%$5.7M$24.5M50xas long as short
Gate APT_USDT+0.0100%8h0.7626−0.052%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7627−0.039%$28.7M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7627−0.039%$5.0M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7621−0.118%$8.5M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7626−0.052%$26.0Mas long as short
Backpack APT_USDC_PERPlong+0.0100%1h0.7630long leg$188K$381K20x
ApeX Omni APTUSDT+0.0100%1h0.7680+0.655%$62K$578K50xas long as short
SunX APT-USDT+0.0100%8h0.7624−0.079%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7627−0.039%$53$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7649+0.249%$259K$118K50xas long as short
Extended APT-USDshort+0.0104%1h0.7625−0.072%$83K$483K25x
Aevo APT-PERP+0.0104%1h0.7629−0.016%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7633+0.042%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7635+0.066%$1.4M$941K75xas long as short
Kraken Futures PF_APTUSD+0.0318%1h0.7628−0.029%$527K$640K50xas long as short
Coinbase International APT-PERP-INTX+0.0328%1h0.7649+0.249%$220K$492K50xas long as short
Reya APTRUSDPERP+0.0484%1h0.7631+0.017%$3K20xas long as short
dYdX APT-USD+0.0899%1h0.7631+0.009%$53K$6K10xas long as short
01 Exchange APTUSD+0.5024%1h0.7776+1.913%$2K5xas long as short