Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.060%

Price spread now: Coinbase International against Aster+0.024%7-day average +0.144% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$920.918% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.336%+$34 on $10k

Price spread, last 4 days (all we have)+1.298%+$130 · spread now +0.024%, 7d avg +0.144%

Together, before fees+1.634%+ Points / potential airdropAster: Stage 5 · farm board+$163 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.121% cheaper against Aster than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.144%). If the spread goes back, that is −$12 on $10k: about 46 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster APTUSDT	0.7621	0.0100	pay 0.0100% / 8h	3h 07m	$94K	$957K	20x
Short	Coinbase International APT-PERP-INTX	0.7623	0.0312	get 0.0039% / 1h	7m 53s	$219K	$458K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee AsterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.024%Rate

Funding earned: $44.52
Price spread: +0.024% → +0.144%: −$12.06
Slippage, 4 orders: −$73.8
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$59.34
Costs to cover: 0.918%
Break-even: 16.3 days

Slippage from Aster: live order book, 45 min ago; Coinbase International: live order book, 45 min ago.

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 Aster live order book, 45 min ago	3.24 bp	12.7 bp −$13	273.1 bp −$2,731	doesn't fit	doesn't fit
Sell Coinbase International live order book, 45 min ago	6.48 bp	24.5 bp −$24	doesn't fit	doesn't fit	doesn't fit

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
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7619	−0.027%	$20K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7621	−0.003%	$4K	$540K	50x	as long as short
Orderly PERP_APT_USDC	+0.0016%	8h	0.7620	−0.016%	$10K	$7K	10x	as long as short
Variational Omni APT	+0.0017%	8h	0.7609	−0.159%	$508K	$416K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+2.084%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7616	−0.068%	$406K	$423K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7622	+0.011%	$5.0M	$6.3M	10x	as long as short
Aster APTUSDTlong	+0.0100%	8h	0.7621	long leg	$94K	$957K	20x
Binance APTUSDT	+0.0100%	8h	0.7620	−0.014%	$27.5M	$106.8M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7614	−0.094%	$27.1M	$40.3M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APT-USDT-SWAP	+0.0100%	8h	0.7617	−0.055%	$5.7M	$24.9M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7617	−0.055%	$2.6M	$5.1M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7619	−0.029%	$29.9M	$15.7M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7617	−0.055%	$5.0M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7619	−0.029%	$8.6M	$13.1M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7618	−0.042%	—	$26.1M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7624	+0.037%	$172K	$389K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7630	+0.115%	$61K	$582K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7609	−0.160%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7621	−0.003%	$81	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7644	+0.299%	$249K	$148K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7615	−0.085%	$80K	$506K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7617	−0.058%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0136% / S −0.0090%	1h	0.7623	+0.020%	$16K	—	100x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7606	−0.199%	$1.4M	$962K	75x	as long as short
Kraken Futures PF_APTUSD	+0.0252%	1h	0.7622	+0.012%	$529K	$625K	50x	as long as short
Coinbase International APT-PERP-INTXshort	+0.0312%	1h	0.7623	+0.024%	$219K	$458K	50x
Reya APTRUSDPERP	+0.0490%	1h	0.7618	−0.042%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0753%	1h	0.7608	−0.177%	$53K	$6K	10x	as long as short
01 Exchange APTUSD	+0.5400%	1h	0.7761	+1.834%	$2K	—	5x	as long as short