Funding you earn now, next payment 04:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.062%
Price spread now: Coinbase International against BingX+0.224%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)+3.381%+$338 · spread now +0.224%, 7d avg +0.179%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.045% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.179%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDC | 0.7583 | 0.0100 | pay 0.0100% / 8h | 3h 02m | — | $6.5M | — |
| Short | Coinbase International APT-PERP-INTX | 0.7600 | 0.0312 | get 0.0039% / 1h | 2m 41s | $219K | $457K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- $44.52
- Price spread: +0.224% → +0.179%
- $4.54
- Slippage, 4 orders
- −$55.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.38
- Costs to cover
- 0.754%
- Break-even
- 11.1 days
Slippage from BingX: live order book, 3 min ago; Coinbase International: live order book, 50 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 BingX live order book, 3 min ago | 1.32 bp | 18.7 bp −$19 | 40.9 bp −$409 | 254.2 bp −$25.4K | 667.4 bp −$333.7K |
| Sell Coinbase International live order book, 50 min ago | 6.48 bp | 24.5 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7597 | +0.188% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7595 | +0.158% | $12K | $550K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7595 | +0.158% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0021% | 8h | 0.7604 | +0.279% | $508K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.598% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7589 | +0.079% | $405K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7593 | +0.132% | $4.9M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7599 | +0.217% | $93K | $957K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7594 | +0.139% | $27.5M | $106.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7591 | +0.105% | $27.0M | $40.5M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7587 | +0.053% | $5.6M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7588 | +0.066% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7594 | +0.145% | $29.8M | $15.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7589 | +0.079% | $5.0M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7580 | −0.040% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDClong | +0.0100% | 8h | 0.7583 | long leg | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7601 | +0.237% | $188K | $388K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7620 | +0.488% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7588 | +0.066% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7595 | +0.158% | $83 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7613 | +0.396% | $248K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7577 | −0.075% | $79K | $569K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7595 | +0.162% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7595 | +0.160% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7596 | +0.171% | $1.4M | $961K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0253% | 1h | 0.7597 | +0.186% | $527K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0312% | 1h | 0.7600 | +0.224% | $219K | $457K | 50x | |
| Reya APTRUSDPERP | +0.0490% | 1h | 0.7597 | +0.182% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0763% | 1h | 0.7595 | +0.154% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5528% | 1h | 0.7749 | +2.189% | $2K | — | 5x | as long as short |
BingX APT-USDC
Coinbase International APT-PERP-INTX
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
01 Exchange APTUSD