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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.82 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against Orderly−0.052%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bybit is 0.052% cheaper against Orderly than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_APT_USDC0.77530.0019pay 0.0019% / 8h7h 49m$10K$6K10x
ShortBybit APTUSDT0.77490.0100get 0.0100% / 8h7h 49m$27.6M$36.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
$17.12
Price spread: −0.052% → 0.000%
−$5.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$5.04
Costs to cover
0.170%
Break-even
9.1 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bybit live order book, 5 min ago0.65 bp11.0 bp −$1122.9 bp −$22976.0 bp −$7,600doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0063%8h0.7753+0.003%$494K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7748−0.062%$21K150xas long as short
Deribit APT_USDC-PERPETUAL+0.0008%1h0.77530.000%$20K$597K50xas long as short
Orderly PERP_APT_USDClong+0.0019%8h0.7753long leg$10K$6K10x
Injective APT/USDC PERP+0.0033%1h0.7780+0.348%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7744−0.116%$414K$412K10xas long as short
Hyperliquid APT+0.0100%1h0.7771+0.232%$5.1M$5.9M10xas long as short
Aster APTUSDT+0.0100%8h0.7745−0.106%$92K$879K20xas long as short
Binance APTUSDT+0.0100%8h0.7751−0.028%$28.4M$94.0M75xas long as short
Bybit APTUSDTshort+0.0100%8h0.7749−0.052%$27.6M$36.3M50x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7745−0.103%$5.8M$23.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7748−0.064%$2.6M$4.2M75xas long as short
MEXC APT_USDT+0.0100%8h0.7749−0.052%$31.8M$13.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7745−0.103%$4.8M$10.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7752−0.013%$8.8M$11.5M75xas long as short
BingX APT-USDC+0.0100%8h0.7746−0.090%$6.5Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7730−0.297%$59K$579K50xas long as short
SunX APT-USDT+0.0100%8h0.77530.000%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7750−0.039%$109$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7749−0.052%$254K$159K50xas long as short
Extended APT-USD+0.0104%1h0.7743−0.131%$83K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7758+0.067%$28K$5K3xas long as short
Backpack APT_USDC_PERP+0.0130%1h0.7745−0.103%$183K$294K20xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7750−0.041%$17K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7748−0.063%$530K$551K50xas long as short
BloFin APT-USDT+0.0220%8h0.7752−0.013%$1.4M$793K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7759+0.077%$223K$307K50xas long as short
Reya APTRUSDPERP+0.0502%1h0.7749−0.057%$3K20xas long as short
dYdX APT-USD+0.0985%1h0.7765+0.151%$54K$6K10xas long as short
01 Exchange APTUSD+0.3800%1h0.7828+0.967%$2K5xas long as short