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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0119%/8h= +13.1% APRpaid last 24h −0.092%
Price spread now: Kraken Futures against SunX+0.193%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2522.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.193%, 7d avg +0.164%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.029% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APT-USDT0.75330.0100pay 0.0100% / 8h2h 27m$6K$1.5M20x
ShortKraken Futures PF_APTUSD0.75480.0219get 0.0027% / 1h27m 28s$523K$626K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
$25.08
Price spread: +0.193% → +0.164%
$2.86
Slippage, 4 orders
−$233.51
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$223.58
Costs to cover
2.515%
Break-even
69.4 days
Slippage from SunX: live order book, 7 min ago; Kraken Futures: live order book, 21 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 SunX live order book, 7 min ago15.24 bp112.8 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 21 min ago6.57 bp21.3 bp −$2187.2 bp −$872doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7540+0.092%$20K150xas long as short
Variational Omni APT+0.0002%8h0.7541+0.111%$503K$413Kas long as short
Deribit APT_USDC-PERPETUAL+0.0015%1h0.7551+0.239%$12K$570K50xas long as short
Orderly PERP_APT_USDC+0.0019%8h0.7539+0.080%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+3.279%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7543+0.133%$403K$425K10xas long as short
Hyperliquid APT+0.0100%1h0.7546+0.173%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7544+0.146%$92K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7542+0.115%$27.3M$107.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7535+0.027%$26.8M$41.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7534+0.013%$5.6M$25.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7542+0.119%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7548+0.199%$29.8M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7541+0.106%$4.9M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7544+0.146%$8.5M$13.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7540+0.093%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7556+0.305%$187K$359K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7570+0.491%$60K$580K50xas long as short
SunX APT-USDTlong+0.0100%8h0.7533long leg$6K$1.5M20x
SoDEX APT-USD+0.0100%1h0.7547+0.186%$89$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7553+0.265%$248K$153K50xas long as short
Extended APT-USD+0.0104%1h0.7541+0.108%$80K$581K25xas long as short
Aevo APT-PERP+0.0104%1h0.7549+0.217%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7542+0.123%$16K100xas long as short
Kraken Futures PF_APTUSDshort+0.0219%1h0.7548+0.193%$523K$626K50x
BloFin APT-USDT+0.0220%8h0.7565+0.425%$1.4M$967K75xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7577+0.584%$218K$457K50xas long as short
Reya APTRUSDPERP+0.0492%1h0.7539+0.085%$3K20xas long as short
dYdX APT-USD+0.0829%1h0.7544+0.146%$53K$6K10xas long as short
01 Exchange APTUSD+0.6920%1h0.7728+2.589%$2K5xas long as short