Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.039%
Price spread now: BloFin against KuCoin−0.347%95s7-day average +0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1001.001% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 3 days (all we have)+3.967%+$397 · spread now −0.347%, 7d avg +0.101%
=Funding pays, the price is against you. BloFin is 0.449% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.347% now, against its 7-day average of +0.101%). If the spread goes back, that is −$45 on $10k: about 12 days of funding at the current rate (+$4 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APTUSDTM | 0.7775 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $5.5M | $11.9M | 50x |
| Short | BloFin APT-USDT | 0.7748 | 0.0220 | get 0.0220% / 8h | 3h 31m | $1.5M | $765K | 75x |
KuCoin APTUSDTM
BloFin APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $25.2
- Price spread: −0.347% → +0.101%
- −$44.88
- Slippage, 4 orders
- −$76.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$119.74
- Costs to cover
- 1.001%
- Break-even
- 40.3 days
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 2 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 KuCoin live order book, 2 min ago | 0.64 bp | 41.4 bp −$41 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.15 bp | 12.0 bp −$12 | 21.5 bp −$215 | 62.5 bp −$6,253 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0320% | 1h | 0.7766 | −0.116% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0241% | 1h | 0.7775 | −0.001% | $539K | $606K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0136% | 1h | 0.7777 | +0.026% | $13K | $313K | 50x | as long as short |
| Variational Omni APT | −0.0111% | 8h | 0.7718 | −0.738% | $606K | $223K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0027% | 8h | 0.7776 | +0.013% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7769 | −0.076% | $21K | — | 150x | as long as short |
| Bybit APTUSDT | +0.0067% | 8h | 0.7774 | −0.013% | $29.1M | $35.7M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7778 | +0.039% | $444K | $301K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7789 | +0.180% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7779 | +0.048% | $302K | $455K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Bybit APTUSDT
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7777 | +0.032% | $28.8M | $96.1M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7772 | −0.039% | $6.2M | $22.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7777 | +0.026% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7778 | +0.039% | $28.1M | $14.2M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7775 | long leg | $5.5M | $11.9M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7781 | +0.077% | $9.2M | $12.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7776 | +0.013% | — | $27.7M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7782 | +0.090% | $197K | $371K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | −0.579% | $64K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7754 | −0.270% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7775 | 0.000% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7754 | −0.270% | $262K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7770 | −0.070% | $83K | $478K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7776 | +0.014% | $24K | — | 3x | as long as short |
| Injective APT/USDC PERP | +0.0175% | 1h | 0.7650 | −1.608% | $2K | $169K | 12x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7773 | −0.031% | $17K | — | 100x | as long as short |
| BloFin APT-USDTshort | +0.0220% | 8h | 0.7748 | −0.347% | $1.5M | $765K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0248% | 1h | 0.7785 | +0.129% | $210K | $541K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0460% | 1h | 0.7762 | −0.172% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0838% | 1h | 0.7779 | +0.054% | $54K | $5K | 10x | as long as short |
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Injective APT/USDC PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD