Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.055%
Price spread now: Deribit against KuCoin+0.026%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)+0.803%+$80 · spread now +0.026%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APTUSDTM | 0.7609 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $4.9M | $12.2M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7611 | 0 | get 0.0000% / 1h | 49m 12s | $6K | $556K | 50x |
KuCoin APTUSDTM
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.026% → +0.061%
- −$3.5
- Slippage, 4 orders
- −$75.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$119.2
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Deribit: live order book, 65 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, 4 min ago | 3.29 bp | 30.9 bp −$31 | 74.2 bp −$742 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 65 min ago | 5.83 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7613 | +0.053% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7611 | +0.026% | $6K | $556K | 50x | |
| Variational Omni APT | +0.0012% | 8h | 0.7616 | +0.094% | $508K | $416K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7609 | 0.000% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.247% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7606 | −0.039% | $406K | $425K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7611 | +0.026% | $4.9M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7607 | −0.021% | $93K | $958K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7612 | +0.035% | $27.5M | $107.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7605 | −0.053% | $27.1M | $40.8M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7605 | −0.053% | $5.6M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7609 | 0.000% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7610 | +0.013% | $30.1M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTMlong | +0.0100% | 8h | 0.7609 | long leg | $4.9M | $12.2M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7608 | −0.013% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7610 | +0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7613 | +0.053% | $188K | $358K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7620 | +0.145% | $61K | $578K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7604 | −0.066% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7607 | −0.026% | $101 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7610 | +0.013% | $249K | $149K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7605 | −0.057% | $78K | $583K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7608 | −0.015% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7613 | +0.059% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0218% | 1h | 0.7605 | −0.052% | $528K | $626K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7613 | +0.053% | $1.4M | $973K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7630 | +0.276% | $220K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0491% | 1h | 0.7611 | +0.030% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0608% | 1h | 0.7615 | +0.073% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.6448% | 1h | 0.7755 | +1.919% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD