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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0401%/8h= −44.0% APRnext payment $0.50 per $10,000 · paid last 24h −0.108%
Price spread now: Hyperliquid against Reya−0.021%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hyperliquid is 0.021% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APTRUSDPERP0.77290.0501pay 0.0063% / 1h53m 36s$3K20x
ShortHyperliquid APT0.77270.0100get 0.0013% / 1h53m 36s$5.0M$5.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$84.31
Price spread: −0.021% → 0.000%
−$2.09
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$101.4
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 8 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 Reya no order-book sample
Sell Hyperliquid live order book, 8 min ago0.65 bp10.9 bp −$11doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni APT−0.0059%8h0.7718−0.134%$493K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7728−0.011%$21K150xas long as short
Deribit APT_USDC-PERPETUAL+0.0009%1h0.7725−0.047%$20K$597K50xas long as short
Bybit APTUSDT+0.0013%8h0.7719−0.124%$27.5M$36.6M50xas long as short
Orderly PERP_APT_USDC+0.0018%8h0.7725−0.047%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.665%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7720−0.111%$413K$412K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7727−0.021%$5.0M$5.8M10x
Aster APTUSDT+0.0100%8h0.7724−0.064%$92K$883K20xas long as short
Binance APTUSDT+0.0100%8h0.7722−0.086%$28.2M$94.1M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7721−0.099%$5.8M$23.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7719−0.124%$2.6M$4.2M75xas long as short
MEXC APT_USDT+0.0100%8h0.7723−0.073%$31.5M$13.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7718−0.137%$4.8M$10.9M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725−0.047%$8.7M$11.7M75xas long as short
BingX APT-USDC+0.0100%8h0.7723−0.073%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7726−0.034%$183K$294K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720−0.111%$59K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7712−0.215%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7724−0.060%$112$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7731+0.031%$253K$159K50xas long as short
Extended APT-USD+0.0104%1h0.7719−0.120%$83K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7723−0.067%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7712−0.214%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7725−0.042%$524K$547K50xas long as short
BloFin APT-USDT+0.0220%8h0.7723−0.073%$1.4M$801K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7740+0.147%$222K$314K50xas long as short
Reya APTRUSDPERPlong+0.0501%1h0.7729long leg$3K20x
dYdX APT-USD+0.0963%1h0.7719−0.119%$54K$6K10xas long as short
01 Exchange APTUSD+0.4016%1h0.7820+1.182%$2K5xas long as short