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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h −0.104%
Price spread now: Kraken Futures against MEXC+0.053%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.882%+$88 · spread now +0.053%, 7d avg +0.038%
Together, before fees+0.890%+$89 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$11 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 0.008% in total (about 0.4% 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
LongMEXC APT_USDT0.78440.0100pay 0.0100% / 8h7h 50m$28.7M$15.0M200x
ShortKraken Futures PF_APTUSD0.78480.0480get 0.0060% / 1h50m 03s$541K$642K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$79.73
Price spread: +0.053% → +0.038%
$1.46
Slippage, 4 orders
−$67.86
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$3.33
Costs to cover
0.779%
Break-even
6.7 days
Slippage from MEXC: live order book, 9 min ago; Kraken Futures: live order book, 23 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 MEXC live order book, 9 min ago1.26 bp3.8 bp −$419.9 bp −$19969.9 bp −$6,99186.7 bp −$43.3K
Sell Kraken Futures live order book, 23 min ago9.41 bp21.7 bp −$2266.8 bp −$668doesn'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
Variational Omni APT−0.0031%8h0.7844+0.004%$515K$322Kas long as short
Orderly PERP_APT_USDC−0.0008%8h0.7836−0.102%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7842−0.031%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7834−0.127%$13K$418K50xas long as short
dYdX APT-USD+0.0001%1h0.7850+0.073%$55K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−0.816%$2K$241K12xas long as short
Lighter APT+0.0096%1h0.7835−0.115%$424K$399K10xas long as short
Hyperliquid APT+0.0100%1h0.7847+0.038%$6.0M$5.8M10xas long as short
Aster APTUSDT+0.0100%8h0.7845+0.008%$294K$496K20xas long as short
Binance APTUSDT+0.0100%8h0.7845+0.013%$29.6M$103.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT+0.0100%8h0.7840−0.051%$29.1M$37.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7840−0.051%$6.1M$24.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7841−0.038%$2.7M$4.8M75xas long as short
MEXC APT_USDTlong+0.0100%8h0.7844long leg$28.7M$15.0M200x
KuCoin APTUSDTM+0.0100%8h0.7837−0.089%$5.5M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7841−0.038%$8.8M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7841−0.038%$25.4Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.78440.000%$195K$374K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7870+0.331%$64K$575K50xas long as short
SunX APT-USDT+0.0100%8h0.7822−0.280%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7836−0.102%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7876+0.408%$265K$142K50xas long as short
Extended APT-USD+0.0104%1h0.7835−0.113%$80K$503K25xas long as short
Aevo APT-PERP+0.0104%1h0.7839−0.059%$29K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7843−0.007%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7852+0.102%$1.5M$822K75xas long as short
Coinbase International APT-PERP-INTX+0.0232%1h0.7877+0.421%$208K$572K50xas long as short
Reya APTRUSDPERP+0.0473%1h0.7842−0.027%$3K20xas long as short
Kraken Futures PF_APTUSDshort+0.0480%1h0.7848+0.053%$541K$642K50x
01 Exchange APTUSD+0.4440%1h0.7972+1.632%$2K5xas long as short