Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.043%
Price spread now: Deribit against Bybit+0.103%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.521%+$52 · spread now +0.103%, 7d avg +0.114%
=The price spread sits at its 7-day average of +0.114%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APTUSDT | 0.7777 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $28.3M | $38.1M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7785 | 0 | get 0.0000% / 1h | 21m 15s | $12K | $418K | 50x |
Bybit APTUSDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.103% → +0.114%
- −$1.08
- Slippage, 4 orders
- −$30.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$70.83
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Deribit: live order book, 47 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 | 0.64 bp | 10.6 bp −$11 | 24.5 bp −$245 | 73.7 bp −$7,372 | doesn't fit |
| Sell Deribit live order book, 47 min ago | 6.31 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
APT on 29 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 | 0.7787 | +0.135% | $21K | — | 150x | as long as short |
| Variational Omni APT | 0.0000% | 8h | 0.7785 | +0.106% | $508K | $335K | — | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7785 | +0.103% | $12K | $418K | 50x | |
| Orderly PERP_APT_USDC | +0.0001% | 8h | 0.7782 | +0.064% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.039% | $2K | $240K | 12x | as long as short |
| dYdX APT-USD | +0.0088% | 1h | 0.7790 | +0.173% | $55K | $6K | 10x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7780 | +0.039% | $417K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7789 | +0.154% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7785 | +0.098% | $95K | $944K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7783 | +0.080% | $28.7M | $106.4M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
dYdX APT-USD
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDTlong | +0.0100% | 8h | 0.7777 | long leg | $28.3M | $38.1M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7779 | +0.026% | $5.8M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7784 | +0.090% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7782 | +0.064% | $29.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7781 | +0.051% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7780 | +0.039% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7780 | +0.039% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7787 | +0.129% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | +0.039% | $63K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7774 | −0.039% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7784 | +0.090% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7787 | +0.129% | $262K | $124K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7780 | +0.037% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7785 | +0.103% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0137% | 1h | 0.7784 | +0.087% | $530K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7785 | +0.097% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +0.411% | $205K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7784 | +0.087% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2208% | 1h | 0.7809 | +0.411% | $2K | — | 5x | as long as short |
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
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD