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+0.0100%/8h= +10.9% APRpaid last 24h +0.056%
Price spread now: MEXC against Deribit+0.052%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−3.097%−$310 · spread now +0.052%, 7d avg −0.028%
Together, before fees−2.949%−$295 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.080% dearer against Deribit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.76830get 0.0000% / 1h26m 45s$20K$597K50x
ShortMEXC APT_USDT0.76870.0100get 0.0100% / 8h7h 26m$21.5M$13.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. 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
$21
Price spread: +0.052% → −0.028%
$8.01
Slippage, 4 orders
−$24.75
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
−$2.74
Costs to cover
0.317%
Break-even
7.9 days
Slippage from Deribit: live order book, 7 min ago; MEXC: live order book, 7 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 Deribit live order book, 7 min ago7.81 bp11.3 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 7 min ago0.65 bp4.9 bp −$514.5 bp −$14561.7 bp −$6,16777.2 bp −$38.6K

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
Variational Omni APT−0.0072%8h0.7675−0.101%$490K$412Kas long as short
Gate APT_USDT−0.0007%8h0.76830.000%$2.6M$4.3M75xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7677−0.077%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong0.0000%1h0.7683long leg$20K$597K50x
Orderly PERP_APT_USDC+0.0017%8h0.7678−0.065%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.263%$2K$240K12xas long as short
Bybit APTUSDT+0.0041%8h0.7676−0.091%$27.3M$35.9M50xas long as short
Lighter APT+0.0096%1h0.7677−0.078%$410K$414K10xas long as short
Hyperliquid APT+0.0100%1h0.7677−0.078%$5.0M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7689+0.075%$91K$861K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7684+0.010%$28.0M$93.0M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7676−0.091%$5.7M$22.8M50xas long as short
MEXC APT_USDTshort+0.0100%8h0.7687+0.052%$21.5M$13.8M200x
KuCoin APTUSDTM+0.0100%8h0.7684+0.013%$4.8M$10.8M50xas long as short
Bitget APTUSDT+0.0100%8h0.7676−0.091%$8.7M$11.4M75xas long as short
BingX APT-USDC+0.0100%8h0.7682−0.013%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.76830.000%$177K$296K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7680−0.039%$59K$582K50xas long as short
SunX APT-USDT+0.0100%8h0.7670−0.169%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7681−0.026%$90$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7682−0.013%$252K$147K50xas long as short
Extended APT-USD+0.0104%1h0.7676−0.091%$79K$640K25xas long as short
Aevo APT-PERP+0.0104%1h0.7681−0.023%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7685+0.021%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0144%1h0.7685+0.027%$527K$536K50xas long as short
BloFin APT-USDT+0.0220%8h0.7685+0.026%$1.4M$760K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7689+0.078%$221K$299K50xas long as short
Reya APTRUSDPERP+0.0503%1h0.7677−0.084%$3K20xas long as short
dYdX APT-USD+0.1174%1h0.7694+0.139%$54K$6K10xas long as short
01 Exchange APTUSD+0.3944%1h0.7793+1.432%$2K5xas long as short