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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Bitget−0.293%95s7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 3 days (all we have)+2.095%+$210 · spread now −0.293%, 7d avg +0.108%
Together, before fees+2.269%+$227 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.401% cheaper against Bitget than usual: you would sell low and buy high (spread −0.293% now, against its 7-day average of +0.108%). If the spread goes back, that is −$40 on $10k: about 11 days of funding at the current rate (+$4 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APTUSDT0.78490.0100pay 0.0100% / 8h2h 21m$9.0M$12.2M75x
ShortBloFin APT-USDT0.78260.0220get 0.0220% / 8h2h 21m$1.5M$774K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$25.2
Price spread: −0.293% → +0.108%
−$40.13
Slippage, 4 orders
−$25.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$64.74
Costs to cover
0.498%
Break-even
25.0 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 1 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 Bitget live order book, 2 min ago1.92 bp15.3 bp −$1526.2 bp −$26277.4 bp −$7,741doesn't fit
Sell BloFin live order book, 1 min ago0.64 bp9.7 bp −$1023.0 bp −$23065.5 bp −$6,553doesn'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
01 Exchange APTUSD−0.0528%1h0.7830−0.242%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0360%1h0.7847−0.028%$538K$617K50xas long as short
Variational Omni APT−0.0099%8h0.7839−0.131%$614K$223Kas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7847−0.025%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.879%$2K$200K12xas long as short
Deribit APT_USDC-PERPETUAL−0.0005%1h0.7848−0.013%$7K$382K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7849+0.001%$22K150xas long as short
Lighter APT+0.0096%1h0.7847−0.025%$429K$348K10xas long as short
Hyperliquid APT+0.0100%1h0.7855+0.076%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7849−0.004%$306K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7848−0.011%$28.9M$96.2M75xas long as short
Bybit APTUSDT+0.0100%8h0.7848−0.013%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7846−0.038%$6.2M$23.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7846−0.038%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7854+0.064%$28.0M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7846−0.038%$5.5M$12.1M50xas long as short
Bitget APTUSDTlong+0.0100%8h0.7849long leg$9.0M$12.2M75x
BingX APT-USDC+0.0100%8h0.7848−0.013%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7852+0.038%$199K$362K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7830−0.242%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7829−0.255%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7845−0.051%$57$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7835−0.178%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7844−0.059%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7845−0.051%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7851+0.032%$17K100xas long as short
BloFin APT-USDTshort+0.0220%8h0.7826−0.293%$1.5M$774K75x
Coinbase International APT-PERP-INTX+0.0280%1h0.7860+0.140%$211K$547K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7847−0.028%$3K20xas long as short
dYdX APT-USD+0.0717%1h0.7849+0.004%$55K$5K10xas long as short