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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against Bybit+0.586%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.586%, 7d avg +0.111%
Together, before fees+0.191%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.474% dearer against Bybit than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.76850.0036pay 0.0036% / 8h7h 32m$27.3M$35.9M50x
ShortApeX Omni APTUSDT0.77300.0100get 0.0013% / 1h32m 53s$59K$582K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$13.55
Price spread: +0.586% → +0.111%
$47.42
Slippage, 4 orders
−$60.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$20.24
Costs to cover
0.812%
Break-even
17.5 days
Slippage from Bybit: live order book, 1 min ago; ApeX Omni: live order book, 65 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 Bybit live order book, 1 min ago0.65 bp10.7 bp −$1124.6 bp −$24688.4 bp −$8,844doesn't fit
Sell ApeX Omni live order book, 65 min ago13.06 bp34.0 bp −$34198.4 bp −$1,984doesn'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
Gate APT_USDT−0.0215%8h0.7687+0.026%$2.6M$4.3M75xas long as short
Variational Omni APT−0.0065%8h0.7721+0.471%$494K$412Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7694+0.118%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7687+0.026%$20K$597K50xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.76850.000%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.236%$2K$240K12xas long as short
Bybit APTUSDTlong+0.0036%8h0.7685long leg$27.3M$35.9M50x
Lighter APT+0.0096%1h0.7691+0.078%$411K$414K10xas long as short
Hyperliquid APT+0.0100%1h0.7695+0.130%$5.1M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7684−0.018%$91K$861K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7690+0.068%$28.0M$93.2M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7693+0.104%$5.8M$22.8M50xas long as short
MEXC APT_USDT+0.0100%8h0.7690+0.065%$21.5M$13.8M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7687+0.026%$4.8M$10.8M50xas long as short
Bitget APTUSDT+0.0100%8h0.7689+0.052%$8.7M$11.4M75xas long as short
BingX APT-USDC+0.0100%8h0.76850.000%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7693+0.104%$177K$295K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7730+0.586%$59K$582K50x
SunX APT-USDT+0.0100%8h0.7678−0.091%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7687+0.026%$99$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7713+0.364%$253K$147K50xas long as short
Extended APT-USD+0.0104%1h0.7690+0.065%$79K$640K25xas long as short
Aevo APT-PERP+0.0104%1h0.7702+0.224%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7685−0.001%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0144%1h0.7693+0.099%$527K$536K50xas long as short
BloFin APT-USDT+0.0220%8h0.7691+0.078%$1.4M$776K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7699+0.182%$221K$301K50xas long as short
Reya APTRUSDPERP+0.0503%1h0.7707+0.291%$3K20xas long as short
dYdX APT-USD+0.1181%1h0.7692+0.091%$54K$6K10xas long as short
01 Exchange APTUSD+0.3712%1h0.7799+1.483%$2K5xas long as short