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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against Aster+0.032%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.032%, 7d avg +0.018%
Together, before fees−0.173%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APTUSDT0.78130.0100pay 0.0100% / 8h1h 54m$304K$464K20x
ShortBackpack APT_USDC_PERP0.78150.0100get 0.0013% / 1h54m 32s$198K$361K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aster. 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
$0
Price spread: +0.032% → +0.018%
$1.35
Slippage, 4 orders
−$49.04
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$65.69
Costs to cover
0.670%
Break-even
never at this rate
Slippage from Aster: live order book, 28 min ago; Backpack: live order book, 29 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 Aster live order book, 28 min ago4.46 bp28.3 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 29 min ago0.64 bp9.0 bp −$932.0 bp −$320doesn'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−0.0552%1h0.7793−0.250%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0425%1h0.7809−0.043%$536K$622K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0390%1h0.7810−0.032%$7K$382K50xas long as short
Variational Omni APT−0.0089%8h0.7802−0.137%$612K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.416%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0021%8h0.7814+0.019%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7815+0.032%$22K150xas long as short
Lighter APT+0.0096%1h0.7806−0.084%$428K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7819+0.083%$5.9M$5.1M10xas long as short
Aster APTUSDTlong+0.0100%8h0.7813long leg$304K$464K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7805−0.101%$28.7M$97.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7798−0.186%$29.0M$35.4M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7799−0.173%$6.2M$23.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7804−0.109%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7804−0.109%$28.0M$14.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7812−0.007%$5.5M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7809−0.045%$8.9M$12.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7804−0.109%$26.2Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7815+0.032%$198K$361K20x
ApeX Omni APTUSDT+0.0100%1h0.7780−0.416%$65K$570K50xas long as short
SunX APT-USDT+0.0100%8h0.7801−0.148%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7807−0.071%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7795−0.224%$263K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7802−0.129%$83K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7815+0.029%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7816+0.046%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7813+0.006%$1.5M$769K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7819+0.083%$211K$547K50xas long as short
Reya APTRUSDPERP+0.0465%1h0.7817+0.058%$3K20xas long as short
dYdX APT-USD+0.0544%1h0.7816+0.047%$55K$5K10xas long as short