Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Gate against Backpack−0.026%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.026%, 7d avg −0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.041% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7726 | 0.0100 | pay 0.0013% / 1h | 37m 46s | $196K | $365K | 20x |
| Short | Gate APT_USDT | 0.7724 | 0.0100 | get 0.0100% / 8h | 2h 37m | $2.7M | $4.6M | 75x |
Backpack APT_USDC_PERP
Gate APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.026% → −0.067%
- $4.12
- Slippage, 4 orders
- −$29.42
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.3
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 50 min ago; Gate: live order book, just now.
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, 50 min ago | 0.64 bp | 8.1 bp −$8 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.24 bp | 20.0 bp −$20 | 55.4 bp −$554 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0704% | 1h | 0.7705 | −0.272% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0366% | 1h | 0.7719 | −0.094% | $532K | $609K | 50x | as long as short |
| Variational Omni APT | −0.0116% | 8h | 0.7735 | +0.111% | $606K | $222K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0018% | 8h | 0.7711 | −0.194% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7650 | −0.984% | $2K | $169K | 12x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7713 | −0.168% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7715 | −0.142% | $28K | $353K | 50x | as long as short |
| Bybit APTUSDT | +0.0072% | 8h | 0.7724 | −0.026% | $28.7M | $35.3M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7716 | −0.129% | $423K | $346K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7734 | +0.104% | $5.8M | $5.1M | 10x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Bybit APTUSDT
Lighter APT
Hyperliquid APTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APTUSDT | +0.0100% | 8h | 0.7723 | −0.038% | $301K | $450K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7728 | +0.026% | $28.5M | $95.7M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7727 | +0.013% | $6.1M | $22.8M | 50x | as long as short |
| Gate APT_USDTshort | +0.0100% | 8h | 0.7724 | −0.026% | $2.7M | $4.6M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7729 | +0.039% | $27.7M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7724 | −0.026% | $5.5M | $12.0M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7725 | −0.013% | $8.8M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7725 | −0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPlong | +0.0100% | 1h | 0.7726 | long leg | $196K | $365K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | +0.181% | $64K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7702 | −0.311% | $5K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7713 | −0.168% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7735 | +0.116% | $261K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7725 | −0.014% | $82K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7715 | −0.142% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7714 | −0.155% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7711 | −0.194% | $1.5M | $762K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7725 | −0.013% | $208K | $535K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0463% | 1h | 0.7711 | −0.196% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0497% | 1h | 0.7712 | −0.181% | $54K | $5K | 10x | as long as short |
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
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
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD