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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Hyperliquid−0.247%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$460.455% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.247%, 7d avg −0.134%
Together, before fees+0.201%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.113% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.134%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.77330.0100pay 0.0013% / 1h1m 02s$5.0M$5.9M10x
ShortExtended APT-USD0.77140.0104get 0.0013% / 1h1m 02s$79K$630K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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
$0.84
Price spread: −0.247% → −0.134%
−$11.3
Slippage, 4 orders
−$31.54
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$56
Costs to cover
0.455%
Break-even
473.6 days
Slippage from Hyperliquid: live order book, 11 min ago; Extended: live order book, 37 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 Hyperliquid live order book, 11 min ago0.65 bp12.7 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 37 min ago1.96 bp11.5 bp −$12132.8 bp −$1,328doesn't fitdoesn't fit

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−0.0439%1h0.7720−0.172%$524K$552K50xas long as short
Variational Omni APT−0.0062%8h0.7705−0.356%$492K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7726−0.096%$21K150xas long as short
Orderly PERP_APT_USDC+0.0015%8h0.7724−0.116%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.608%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7721−0.155%$413K$421K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7733long leg$5.0M$5.9M10x
Aster APTUSDT+0.0100%8h0.7723−0.129%$92K$883K20xas long as short
Binance APTUSDT+0.0100%8h0.7729−0.053%$28.2M$94.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7722−0.142%$27.5M$37.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7718−0.194%$5.7M$23.1M50xas long as short
Gate APT_USDT+0.0100%8h0.7724−0.116%$2.6M$4.5M75xas long as short
MEXC APT_USDT+0.0100%8h0.7728−0.065%$31.5M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727−0.078%$4.9M$11.0M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725−0.103%$8.7M$11.7M75xas long as short
BingX APT-USDC+0.0100%8h0.7726−0.091%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7728−0.065%$183K$298K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720−0.168%$59K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7716−0.220%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7722−0.142%$104$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7715−0.233%$253K$165K50xas long as short
Extended APT-USDshort+0.0104%1h0.7714−0.247%$79K$630K25x
Aevo APT-PERP+0.0104%1h0.7719−0.176%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7724−0.116%$16K100xas long as short
Deribit APT_USDC-PERPETUAL+0.0138%1h0.7726−0.091%$20K$597K50xas long as short
BloFin APT-USDT+0.0220%8h0.7729−0.052%$1.4M$799K75xas long as short
Coinbase International APT-PERP-INTX+0.0360%1h0.7730−0.039%$222K$314K50xas long as short
Reya APTRUSDPERP+0.0501%1h0.7724−0.119%$3K20xas long as short
dYdX APT-USD+0.0937%1h0.7715−0.233%$54K$6K10xas long as short
01 Exchange APTUSD+0.4840%1h0.7817+1.086%$2K5xas long as short