Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0367%/8h= −40.2% APRpaid last 24h −0.097%

Price spread now: Aster against Reya+0.058%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.058% dearer against Reya than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya APTRUSDPERP	0.7836	0.0467	pay 0.0058% / 1h	25m 58s	$3K	—	20x
Short	Aster APTUSDT	0.7841	0.0100	get 0.0100% / 8h	1h 25m	$305K	$464K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee AsterbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$77.1
Price spread: +0.058% → 0.000%: $5.77
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$85.33
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aster: live order book, 56 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Aster live order book, 56 min ago	4.46 bp	22.0 bp −$22	doesn't fit	doesn't fit	doesn't fit

Reya: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange APTUSD	−0.0432%	1h	0.7835	−0.017%	$2K	—	5x	as long as short
Kraken Futures PF_APTUSD	−0.0424%	1h	0.7836	−0.010%	$541K	$635K	50x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0260%	1h	0.7838	+0.021%	$11K	$383K	50x	as long as short
Variational Omni APT	−0.0075%	8h	0.7841	+0.053%	$614K	$224K	—	as long as short
Injective APT/USDC PERP	−0.0033%	1h	0.7780	−0.719%	$2K	$241K	12x	as long as short
Orderly PERP_APT_USDC	−0.0023%	8h	0.7837	+0.008%	$10K	$7K	10x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7841	+0.057%	$22K	—	150x	as long as short
Lighter APT	+0.0096%	1h	0.7834	−0.030%	$430K	$350K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7839	+0.034%	$5.9M	$5.2M	10x	as long as short
Aster APTUSDTshort	+0.0100%	8h	0.7841	+0.058%	$305K	$464K	20x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance APTUSDT	+0.0100%	8h	0.7840	+0.047%	$28.9M	$97.4M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7834	−0.030%	$29.3M	$35.5M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7839	+0.034%	$6.2M	$23.6M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7836	−0.004%	$2.7M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7835	−0.017%	$27.9M	$14.5M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7836	−0.004%	$5.5M	$12.1M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7840	+0.047%	$8.9M	$12.3M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7833	−0.043%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7839	+0.034%	$197K	$365K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7860	+0.302%	$66K	$568K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7827	−0.119%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7834	−0.030%	$70	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7885	+0.621%	$266K	$138K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7836	0.000%	$84K	$464K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7839	+0.035%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0190% / S −0.0143%	1h	0.7842	+0.069%	$17K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7847	+0.136%	$1.5M	$772K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0288%	1h	0.7870	+0.430%	$209K	$559K	50x	as long as short
Reya APTRUSDPERPlong	+0.0467%	1h	0.7836	long leg	$3K	—	20x
dYdX APT-USD	+0.0746%	1h	0.7850	+0.174%	$55K	$5K	10x	as long as short