Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0010%/8hnext payment −$0.01 per $10,000 · paid last 24h +0.007%

Price spread now: GMX against ApeX Omni+0.059%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on GMX

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—needs both histories

The price spread pays, funding is against you. GMX is 0.059% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni APTUSDT	0.7630	0.0100	pay 0.0013% / 1h	40m 53s	$64K	$573K	50x
Short	GMX APT/USD [ETH-USDC]	0.7635	L +0.0136% / S −0.0090%	get 0.0011% / 1h	40m 53s	$16K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee GMXbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$2.15
Price spread: +0.059% → 0.000%: $5.94
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$18.21
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 11 min ago; GMX: no order-book sample. 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 ApeX Omni live order book, 11 min ago	19.75 bp	31.5 bp −$31	171.1 bp −$1,711	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Kraken Futures PF_APTUSD	−0.0584%	1h	0.7629	−0.008%	$537K	$592K	50x	as long as short
01 Exchange APTUSD	−0.0376%	1h	0.7627	−0.039%	$2K	—	5x	as long as short
Variational Omni APT	−0.0154%	8h	0.7595	−0.454%	$597K	$284K	—	as long as short
Orderly PERP_APT_USDC	−0.0038%	8h	0.7635	+0.066%	$10K	$7K	10x	as long as short
Deribit APT_USDC-PERPETUAL	−0.0012%	1h	0.7634	+0.052%	$13K	$340K	50x	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7640	+0.126%	$21K	—	150x	as long as short
Bybit APTUSDT	0.0000%	8h	0.7630	0.000%	$28.5M	$36.1M	50x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7600	−0.393%	$2K	$116K	12x	as long as short
OKX APT-USDT-SWAP	+0.0055%	8h	0.7628	−0.026%	$6.1M	$22.4M	50x	as long as short
Lighter APT	+0.0096%	1h	0.7627	−0.039%	$438K	$302K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin APTUSDTM	+0.0096%	8h	0.7631	+0.013%	$5.4M	$11.8M	50x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7641	+0.144%	$5.8M	$5.7M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7639	+0.123%	$296K	$447K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7633	+0.045%	$28.1M	$95.6M	75x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7635	+0.066%	$2.7M	$4.7M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7633	+0.039%	$27.2M	$14.1M	200x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7629	−0.013%	$8.8M	$11.8M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7633	+0.039%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7641	+0.144%	$195K	$370K	20x	as long as short
ApeX Omni APTUSDTlong	+0.0100%	1h	0.7630	long leg	$64K	$573K	50x
SunX APT-USDT	+0.0100%	8h	0.7618	−0.157%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7633	+0.039%	$61	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7643	+0.170%	$258K	$139K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7629	−0.010%	$81K	$478K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7638	+0.111%	$24K	—	3x	as long as short
GMX APT/USD [ETH-USDC]short	L +0.0136% / S −0.0090%	1h	0.7635	+0.059%	$16K	—	100x
BloFin APT-USDT	+0.0220%	8h	0.7634	+0.052%	$1.5M	$755K	75x	as long as short
Coinbase International APT-PERP-INTX	+0.0240%	1h	0.7647	+0.223%	$201K	$519K	50x	as long as short
Reya APTRUSDPERP	+0.0455%	1h	0.7634	+0.057%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0786%	1h	0.7633	+0.037%	$53K	$5K	10x	as long as short