Funding you earn now, next payment 23:00 UTC−0.0367%/8h= −40.2% APRnext payment −$0.46 per $10,000 · paid last 24h −0.097%
Price spread now: Backpack against Reya−0.081%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Backpack is 0.081% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya APTRUSDPERP | 0.7872 | 0.0467 | pay 0.0058% / 1h | 28m 23s | $3K | — | 20x |
| Short | Backpack APT_USDC_PERP | 0.7866 | 0.0100 | get 0.0013% / 1h | 28m 23s | $198K | $367K | 20x |
Reya APTRUSDPERP
Backpack APT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Reya. 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
- −$77.08
- Price spread: −0.081% → 0.000%
- −$8.11
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$101.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Backpack: live order book, 55 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 Backpack live order book, 55 min ago | 0.64 bp | 9.0 bp −$9 | 32.0 bp −$320 | 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 | −0.0464% | 1h | 0.7862 | −0.132% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0422% | 1h | 0.7860 | −0.151% | $543K | $635K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0131% | 1h | 0.7862 | −0.132% | $11K | $383K | 50x | as long as short |
| Variational Omni APT | −0.0075% | 8h | 0.7841 | −0.405% | $614K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −1.174% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0023% | 8h | 0.7866 | −0.081% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7870 | −0.036% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7868 | −0.056% | $431K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7877 | +0.059% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7870 | −0.036% | $306K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
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 | 0.7870 | −0.024% | $29.0M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7865 | −0.094% | $29.5M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7863 | −0.119% | $6.3M | $23.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7867 | −0.068% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7869 | −0.043% | $28.1M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7871 | −0.018% | $5.6M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7871 | −0.018% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7868 | −0.056% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPshort | +0.0100% | 1h | 0.7866 | −0.081% | $198K | $367K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7840 | −0.411% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7849 | −0.297% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7860 | −0.157% | $64 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7854 | −0.234% | $265K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7859 | −0.167% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7861 | −0.149% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7866 | −0.082% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7861 | −0.145% | $1.5M | $773K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7860 | −0.157% | $209K | $558K | 50x | as long as short |
| Reya APTRUSDPERPlong | +0.0467% | 1h | 0.7872 | long leg | $3K | — | 20x | |
| dYdX APT-USD | +0.0740% | 1h | 0.7870 | −0.031% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
dYdX APT-USD