After costs, if the gap returns to its 7d average, $10k−$95
spread now+0.173%7d average+0.114%fees + slippage, in and out−$101spread needed1.006%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7494 | 0.0100 | pay 0.0013% / 1h | 0m 48s | $191K | $397K | 20x |
| Short | Coinbase International APT-PERP-INTX | 0.7507 | 0.0224 | get 0.0028% / 1h | 0m 48s | $197K | $521K | 50x |
Backpack APT_USDC_PERP
Coinbase International APT-PERP-INTXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $17.35
- Funding while held
- $3.72
- Slippage, 4 orders
- −$80.61
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$79.54
- Spread needed to break even
- 1.006%
Slippage from Backpack: live order book, 39 min ago; Coinbase International: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0124%
- Per $10,000 a day
- +$3.72
- Average in range /8h
- —
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 Backpack live order book, 39 min ago | 1.32 bp | 8.3 bp −$8 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 39 min ago | 8.55 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
APT price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.7480cheapestSunX0.7480cheapestHTX0.7480cheapestVariational Omni0.7481+0.015%Aevo0.7490+0.134%SoDEX0.7490+0.134%Extended0.7490+0.138%KuCoin0.7491+0.147%Aster0.7492+0.154%Kraken Futures0.7492+0.159%Deribit0.7492+0.160%Reya0.7492+0.166%Bybit0.7493+0.174%BloFin0.7493+0.174%
ApeX Omni
SunX
HTX
Variational Omni
Aevo
SoDEX
Extended
KuCoin
Aster
Kraken Futures
Deribit
Reya
Bybit
BloFinBackpack0.7494+0.187%
GMX0.7495+0.197%Lighter0.7496+0.214%BingX0.7496+0.214%gTrade (Gains Network)0.7496+0.214%dYdX0.7497+0.223%Binance0.7497+0.227%OKX0.7497+0.227%01 Exchange0.7497+0.227%Gate0.7497+0.227%MEXC0.7497+0.227%Bitget0.7498+0.241%Orderly0.7498+0.241%Hyperliquid0.7506+0.348%
GMX
Lighter
BingX
gTrade (Gains Network)
dYdX
Binance
OKX
Gate
MEXC
Bitget
Orderly
HyperliquidCoinbase International0.7507+0.361%
Injective0.7640+2.139%
InjectiveAPT on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni APTUSDT | −0.187% | +0.0100% | 1h | $50K | $562K | 50x | as long as short |
| SunX APT-USDT | −0.187% | +0.0100% | 8h | $6K | $1.4M | 20x | as long as short |
| HTX APT-USDT | −0.187% | +0.0100% | 8h | $253K | $169K | 50x | as long as short |
| Variational Omni APT | −0.172% | −0.0129% | 8h | $537K | $283K | — | as long as short |
| Aevo APT-PERP | −0.053% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| SoDEX APT-USD | −0.053% | +0.0100% | 1h | $74 | $6K | 5x | as long as short |
| Extended APT-USD | −0.049% | +0.0088% | 1h | $80K | $478K | 25x | as long as short |
| KuCoin APTUSDTM | −0.040% | +0.0100% | 8h | $5.4M | $11.5M | 50x | as long as short |
| Aster APTUSDT | −0.033% | +0.0100% | 8h | $290K | $456K | 20x | as long as short |
| Kraken Futures PF_APTUSD | −0.028% | −0.0161% | 1h | $532K | $629K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.027% | −0.0017% | 1h | $15K | $352K | 50x | as long as short |
| Reya APTRUSDPERP | −0.021% | +0.0451% | 1h | $3K | — | 20x | as long as short |
| Bybit APTUSDT | −0.013% | +0.0100% | 8h | $28.0M | $37.4M | 50x | as long as short |
| BloFin APT-USDT | −0.013% | +0.0207% | 8h | $1.5M | $782K | 75x | as long as short |
| Backpack APT_USDC_PERPlong | 0.000% | +0.0100% | 1h | $191K | $397K | 20x | |
| GMX APT/USD [ETH-USDC] | +0.009% | L +0.0140% / S −0.0041% | 1h | $19K | — | 100x | as long as short |
| Lighter APT | +0.027% | +0.0096% | 1h | $433K | $314K | 10x | as long as short |
| BingX APT-USDT | +0.027% | +0.0100% | 8h | — | $33.1M | — | as long as short |
| gTrade (Gains Network) APT/USD | +0.027% | L −0.0004% / S +0.0005% | 1h | $21K | — | 150x | as long as short |
| dYdX APT-USD | +0.036% | +0.3032% | 1h | $52K | $4K | 10x | as long as short |
| Binance APTUSDT | +0.040% | +0.0087% | 8h | $27.4M | $98.5M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.040% | −0.0022% | 8h | $5.9M | $23.4M | 50x | as long as short |
| 01 Exchange APTUSD | +0.040% | −0.0568% | 1h | $2K | $125 | 5x | as long as short |
| Gate APT_USDT | +0.040% | +0.0100% | 8h | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.040% | +0.0086% | 8h | $26.3M | $15.2M | 200x | as long as short |
| Bitget APTUSDT | +0.053% | +0.0100% | 8h | $8.4M | $12.0M | 75x | as long as short |
| Orderly PERP_APT_USDC | +0.053% | −0.0038% | 8h | $10K | $20K | 10x | as long as short |
| Hyperliquid APT | +0.160% | +0.0100% | 1h | $5.7M | $5.9M | 10x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.173% | +0.0224% | 1h | $197K | $521K | 50x | |
| Injective APT/USDC PERP | +1.948% | −0.1656% | 1h | $2K | $69K | 12x | as long as short |