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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1346%/8h= −147.3% APRpaid last 24h −0.267%
Price spread now: Bitget against dYdX−0.145%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.843%−$84 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Bitget is 0.145% cheaper against dYdX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.843% in total (about -43.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APT-USD0.79570.1445pay 0.0181% / 1h49m 05s$56K$5K10x
ShortBitget APTUSDT0.79450.0100get 0.0100% / 8h49m 05s$9.0M$12.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
−$282.56
Price spread: −0.145% → 0.000%
−$14.54
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$319.09
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Bitget live order book, 4 min ago1.89 bp13.3 bp −$1322.4 bp −$22493.0 bp −$9,302doesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_APTUSD−0.0400%1h0.7955−0.025%$551K$634K50xas long as short
01 Exchange APTUSD−0.0296%1h0.7942−0.183%$2K5xas long as short
Variational Omni APT−0.0056%8h0.7941−0.202%$517K$320Kas long as short
Orderly PERP_APT_USDC−0.0014%8h0.7947−0.120%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7956−0.005%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7950−0.083%$14K$411K50xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−2.219%$2K$241K12xas long as short
Lighter APT+0.0096%1h0.7947−0.120%$435K$353K10xas long as short
Aster APTUSDT+0.0100%8h0.7950−0.084%$310K$465K20xas long as short
Binance APTUSDT+0.0100%8h0.7949−0.095%$29.5M$98.6M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7948−0.108%$29.6M$36.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7950−0.083%$6.2M$24.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7946−0.133%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7949−0.095%$28.8M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7946−0.133%$5.6M$12.2M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7945−0.145%$9.0M$12.6M75x
BingX APT-USDT+0.0100%8h0.7946−0.133%$25.3Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7950−0.083%$200K$368K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7950−0.083%$66K$569K50xas long as short
SunX APT-USDT+0.0100%8h0.7943−0.171%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7950−0.083%$75$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7947−0.120%$268K$139K50xas long as short
Extended APT-USD+0.0104%1h0.7942−0.185%$85K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7947−0.116%$25K3xas long as short
Hyperliquid APT+0.0143%1h0.7956−0.007%$6.1M$5.4M10xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7954−0.037%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7952−0.057%$1.5M$807K75xas long as short
Coinbase International APT-PERP-INTX+0.0240%1h0.7950−0.083%$211K$570K50xas long as short
Reya APTRUSDPERP+0.0469%1h0.7950−0.078%$3K20xas long as short
dYdX APT-USDlong+0.1445%1h0.7957long leg$56K$5K10x