Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.033%
Price spread now: BingX against BloFin−0.026%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)−0.897%−$90 · spread now −0.026%, 7d avg −0.074%
=The price spread pays, funding is against you. BingX is 0.048% dearer against BloFin than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.074%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APT-USDT | 0.7672 | 0.0220 | pay 0.0220% / 8h | 1h 05m | $1.4M | $802K | 75x |
| Short | BingX APT-USDC | 0.7670 | 0.0100 | get 0.0100% / 8h | 1h 05m | — | $6.5M | — |
BloFin APT-USDT
BingX APT-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$25.2
- Price spread: −0.026% → −0.074%
- $4.84
- Slippage, 4 orders
- −$37.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$79.83
- Costs to cover
- 0.595%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; BingX: live order book, 15 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 BloFin live order book, 2 min ago | 1.95 bp | 12.6 bp −$13 | 15.1 bp −$151 | 40.4 bp −$4,039 | doesn't fit |
| Sell BingX live order book, 15 min ago | 1.30 bp | 17.5 bp −$18 | 41.5 bp −$415 | 288.0 bp −$28.8K | 680.2 bp −$340.1K |
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 | −0.0227% | 1h | 0.7672 | 0.000% | $524K | $609K | 50x | as long as short |
| Variational Omni APT | −0.0020% | 8h | 0.7670 | −0.024% | $491K | $421K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7672 | −0.002% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7669 | −0.039% | $19K | $599K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0020% | 8h | 0.7666 | −0.078% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.408% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7666 | −0.078% | $411K | $427K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7675 | +0.039% | $4.8M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7669 | −0.039% | $89K | $917K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7667 | −0.065% | $27.8M | $101.2M | 75x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7666 | −0.078% | $27.4M | $39.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7665 | −0.091% | $5.7M | $24.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7670 | −0.026% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7670 | −0.026% | $30.7M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7665 | −0.091% | $4.9M | $11.8M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7672 | 0.000% | $8.6M | $12.4M | 75x | as long as short |
| BingX APT-USDCshort | +0.0100% | 8h | 0.7670 | −0.026% | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7674 | +0.026% | $173K | $309K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | −0.026% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7658 | −0.182% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7667 | −0.065% | $87 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7677 | +0.065% | $252K | $182K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7664 | −0.100% | $80K | $551K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7666 | −0.074% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7671 | −0.007% | $16K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7672 | long leg | $1.4M | $802K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7690 | +0.235% | $223K | $314K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0497% | 1h | 0.7670 | −0.025% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0915% | 1h | 0.7673 | +0.013% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5072% | 1h | 0.7794 | +1.590% | $2K | — | 5x | as long as short |
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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD