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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0463%/8h= +50.6% APRpaid last 24h +0.098%
Price spread now: Gate against Kraken Futures−0.054%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$920.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−1.512%−$151 · spread now −0.054%, 7d avg −0.071%
Together, before fees−1.544%−$154 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% 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
LongKraken Futures PF_APTUSD0.7800−0.0363get 0.0045% / 1h6m 39s$535K$617K50x
ShortGate APT_USDT0.77960.0100get 0.0100% / 8h2h 06m$2.7M$4.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$97.13
Price spread: −0.054% → −0.071%
$1.68
Slippage, 4 orders
−$67.15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$6.66
Costs to cover
0.922%
Break-even
6.5 days
Slippage from Kraken Futures: live order book, 16 min ago; Gate: live order book, 2 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 Kraken Futures live order book, 16 min ago10.86 bp23.3 bp −$2384.3 bp −$843doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.49 bp23.4 bp −$2352.1 bp −$521doesn'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
01 Exchange APTUSD−0.0472%1h0.7791−0.118%$2K5xas long as short
Kraken Futures PF_APTUSDlong−0.0363%1h0.7800long leg$535K$617K50x
Deribit APT_USDC-PERPETUAL−0.0134%1h0.7802+0.023%$7K$382K50xas long as short
Variational Omni APT−0.0095%8h0.7802+0.027%$611K$224Kas long as short
Orderly PERP_APT_USDC−0.0018%8h0.7802+0.023%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.259%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7808+0.100%$22K150xas long as short
Lighter APT+0.0096%1h0.7796−0.054%$427K$351K10xas long as short
Hyperliquid APT+0.0100%1h0.7807+0.087%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7806+0.070%$308K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7798−0.028%$28.7M$96.5M75xas long as short
Bybit APTUSDT+0.0100%8h0.7789−0.144%$28.9M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7795−0.067%$6.2M$23.2M50xas long as short
Gate APT_USDTshort+0.0100%8h0.7796−0.054%$2.7M$4.7M75x
MEXC APT_USDT+0.0100%8h0.7801+0.010%$27.9M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7797−0.041%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7796−0.054%$9.0M$12.2M75xas long as short
BingX APT-USDT+0.0100%8h0.7794−0.079%$25.7Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7806+0.074%$197K$358K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7790−0.131%$65K$569K50xas long as short
SunX APT-USDT+0.0100%8h0.7791−0.118%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7799−0.015%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7804+0.049%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7795−0.066%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7800−0.003%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7805+0.061%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7801+0.010%$1.5M$774K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7828+0.356%$211K$546K50xas long as short
Reya APTRUSDPERP+0.0465%1h0.7805+0.060%$3K20xas long as short
dYdX APT-USD+0.0780%1h0.7808+0.103%$55K$5K10xas long as short