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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0183%/8h= +20.1% APRpaid last 24h +0.085%
Price spread now: Backpack against Variational Omni+0.279%7-day average +0.108% · you sell dearer than you buy
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 3 days (all we have)+0.228%+$23 on $10k
Price spread, last 3 days (all we have)−0.342%−$34 · spread now +0.279%, 7d avg +0.108%
Together, before fees−0.113%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Backpack is 0.171% dearer against Variational Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APT0.7706−0.0116get 0.0116% / 8h2h 43m$605K$222K
ShortBackpack APT_USDC_PERP0.77270.0067get 0.0008% / 1h43m 54s$196K$365K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Variational Omni. 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
$38.48
Price spread: +0.279% → +0.108%
$17.09
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
$45.57
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; Backpack: live order book, 44 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 Variational Omni RFQ quote, 45 min ago3.86 bpdoesn't fit33.4 bp −$334doesn't fitdoesn't fit
Sell Backpack live order book, 44 min ago0.64 bp8.5 bp −$832.7 bp −$327doesn'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
01 Exchange APTUSD−0.0568%1h0.7700−0.072%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0366%1h0.7718+0.157%$532K$608K50xas long as short
Variational Omni APTlong−0.0116%8h0.7706long leg$605K$222K
Orderly PERP_APT_USDC−0.0019%8h0.7718+0.162%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−0.721%$2K$169K12xas long as short
Deribit APT_USDC-PERPETUAL−0.0009%1h0.7719+0.175%$16K$327K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7720+0.183%$21K150xas long as short
Bybit APTUSDT+0.0059%8h0.7727+0.279%$28.7M$35.3M50xas long as short
Backpack APT_USDC_PERPshort+0.0067%1h0.7727+0.279%$196K$365K20x
Lighter APT+0.0096%1h0.7719+0.175%$423K$343K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid APT+0.0100%1h0.7730+0.317%$5.8M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7725+0.249%$301K$451K20xas long as short
Binance APTUSDT+0.0100%8h0.7730+0.316%$28.5M$95.8M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7731+0.330%$6.1M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7724+0.240%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7729+0.304%$27.7M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727+0.279%$5.5M$12.0M50xas long as short
Bitget APTUSDT+0.0100%8h0.7728+0.291%$9.0M$12.1M75xas long as short
BingX APT-USDC+0.0100%8h0.7727+0.279%$6.5Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720+0.188%$64K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7702−0.046%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7718+0.162%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7712+0.084%$261K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7730+0.315%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7720+0.188%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7722+0.217%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7712+0.084%$1.5M$762K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7726+0.266%$208K$534K50xas long as short
Reya APTRUSDPERP+0.0462%1h0.7720+0.185%$3K20xas long as short
dYdX APT-USD+0.0501%1h0.7719+0.174%$54K$5K10xas long as short