Funding you earn now, next payment 22:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.092%
Price spread now: Coinbase International against Bybit+0.524%7-day average +0.232% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days+0.439%+$44 on $10k
+Price spread, last 3 days (all we have)+0.756%+$76 · spread now +0.524%, 7d avg +0.232%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.291% dearer against Bybit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.232%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APTUSDT | 0.7829 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $29.3M | $35.5M | 50x |
| Short | Coinbase International APT-PERP-INTX | 0.7870 | 0.0288 | get 0.0036% / 1h | 25m 44s | $209K | $559K | 50x |
Bybit APTUSDT
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bybit. 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
- $39.48
- Price spread: +0.524% → +0.232%
- $29.15
- Slippage, 4 orders
- −$75.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$28.32
- Costs to cover
- 0.969%
- Break-even
- 12.0 days
Slippage from Bybit: live order book, 3 min ago; Coinbase International: live order book, 57 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 Bybit live order book, 3 min ago | 0.63 bp | 10.4 bp −$10 | 20.2 bp −$202 | 65.5 bp −$6,554 | doesn't fit |
| Sell Coinbase International live order book, 57 min ago | 12.13 bp | 39.1 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0432% | 1h | 0.7835 | +0.077% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0424% | 1h | 0.7836 | +0.084% | $541K | $635K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0260% | 1h | 0.7838 | +0.115% | $11K | $383K | 50x | as long as short |
| Variational Omni APT | −0.0075% | 8h | 0.7841 | +0.147% | $614K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.626% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0023% | 8h | 0.7837 | +0.102% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7841 | +0.151% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7834 | +0.064% | $430K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7842 | +0.166% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7841 | +0.150% | $305K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7834 | +0.058% | $28.9M | $97.4M | 75x | as long as short |
| Bybit APTUSDTlong | +0.0100% | 8h | 0.7829 | long leg | $29.3M | $35.5M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7833 | +0.051% | $6.2M | $23.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7831 | +0.026% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7837 | +0.102% | $27.9M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7838 | +0.115% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7831 | +0.026% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7832 | +0.038% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7839 | +0.128% | $197K | $365K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7860 | +0.396% | $66K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7827 | −0.026% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7834 | +0.064% | $70 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7885 | +0.715% | $266K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7832 | +0.033% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7839 | +0.129% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7842 | +0.162% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7847 | +0.230% | $1.5M | $772K | 75x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0288% | 1h | 0.7870 | +0.524% | $209K | $559K | 50x | |
| Reya APTRUSDPERP | +0.0467% | 1h | 0.7836 | +0.094% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0733% | 1h | 0.7842 | +0.165% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
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]
BloFin APT-USDT
Reya APTRUSDPERP
dYdX APT-USD