Funding you earn now, next payment 08:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.123%
Price spread now: Deribit against Coinbase International−0.167%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days−0.571%−$57 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now −0.167%, 7d avg −0.129%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.037% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.129%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7798 | 0.0336 | pay 0.0042% / 1h | 44m 48s | $224K | $308K | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7785 | 0 | get 0.0000% / 1h | 44m 48s | $20K | $597K | 50x |
Coinbase International APT-PERP-INTX
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- −$70.56
- Price spread: −0.167% → −0.129%
- −$3.74
- Slippage, 4 orders
- −$74.58
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$165.89
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 53 min ago; Deribit: live order book, 54 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 Coinbase International live order book, 53 min ago | 11.75 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 54 min ago | 6.52 bp | 10.0 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0054% | 8h | 0.7769 | −0.369% | $496K | $415K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7782 | −0.205% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7785 | −0.167% | $20K | $597K | 50x | |
| Orderly PERP_APT_USDC | +0.0019% | 8h | 0.7786 | −0.154% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −0.231% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7780 | −0.231% | $416K | $413K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7791 | −0.090% | $5.2M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7784 | −0.180% | $92K | $862K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7779 | −0.244% | $28.4M | $93.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7771 | −0.346% | $27.6M | $36.2M | 50x | as long as short |
Variational Omni APT
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7773 | −0.321% | $5.8M | $23.1M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7785 | −0.167% | $2.6M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7785 | −0.167% | $31.9M | $13.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7783 | −0.192% | $4.9M | $10.8M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7781 | −0.218% | $8.8M | $11.4M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7786 | −0.154% | — | $6.5M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7770 | −0.359% | $59K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7769 | −0.372% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7783 | −0.192% | $105 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7774 | −0.308% | $255K | $147K | 50x | as long as short |
| Backpack APT_USDC_PERP | +0.0103% | 1h | 0.7787 | −0.141% | $180K | $297K | 20x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7780 | −0.232% | $83K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7783 | −0.192% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7782 | −0.200% | $17K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7779 | −0.243% | $533K | $537K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7786 | −0.154% | $1.4M | $796K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0336% | 1h | 0.7798 | long leg | $224K | $308K | 50x | |
| Reya APTRUSDPERP | +0.0502% | 1h | 0.7783 | −0.197% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1118% | 1h | 0.7781 | −0.223% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3608% | 1h | 0.7849 | +0.654% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Backpack APT_USDC_PERP
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD