Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day−$0.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7576 | 0.0100 | pay 0.0013% / 1h | 40m 53s | $180K | $412K | 20x |
| Short | GMX APT/USD [ETH-USDC] | 0.7575 | L +0.0143% / S −0.0097% | get 0.0012% / 1h | 40m 53s | $16K | — | 100x |
Backpack APT_USDC_PERP
GMX APT/USD [ETH-USDC]Price 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
- −$1.6
- Funding while held
- −$0.1
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$23.7
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: live order book, 64 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0003%
- Per $10,000 a day
- −$0.10
- 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, 64 min ago | 1.28 bp | 7.9 bp −$8 | 23.2 bp −$232 | 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 price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange0.7538cheapestInjective0.7550+0.159%SunX0.7559+0.279%BloFin0.7569+0.411%Coinbase International0.7570+0.425%Lighter0.7571+0.438%SoDEX0.7571+0.438%Aster0.7572+0.451%Bitget0.7572+0.451%Reya0.7572+0.457%Aevo0.7572+0.457%Deribit0.7574+0.478%
Injective
SunX
BloFin
Coinbase International
Lighter
SoDEX
Aster
Bitget
Reya
Aevo
DeribitGMX0.7575+0.488%
Backpack0.7576+0.504%
Kraken Futures0.7577+0.511%Orderly0.7577+0.517%Extended0.7577+0.520%KuCoin0.7578+0.531%gTrade (Gains Network)0.7578+0.532%Binance0.7579+0.544%Bybit0.7579+0.544%MEXC0.7579+0.544%OKX0.7580+0.557%Gate0.7580+0.557%BingX0.7580+0.557%Hyperliquid0.7583+0.597%dYdX0.7594+0.747%HTX0.7595+0.756%ApeX Omni0.7660+1.618%Variational Omni0.7661+1.629%
Kraken Futures
Orderly
Extended
KuCoin
gTrade (Gains Network)
Binance
Bybit
MEXC
OKX
Gate
BingX
Hyperliquid
dYdX
HTX
ApeX Omni
Variational OmniAPT on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.502% | −0.0224% | 1h | $2K | $125 | 5x | as long as short |
| Injective APT/USDC PERP | −0.343% | −0.1656% | 1h | $11K | $63K | 12x | as long as short |
| SunX APT-USDT | −0.224% | +0.0100% | 8h | $6K | $1.4M | 20x | as long as short |
| BloFin APT-USDT | −0.092% | +0.0190% | 8h | $1.5M | $778K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | −0.079% | +0.0224% | 1h | $199K | $530K | 50x | as long as short |
| Lighter APT | −0.066% | +0.0096% | 1h | $438K | $307K | 10x | as long as short |
| SoDEX APT-USD | −0.066% | +0.0100% | 1h | $62 | $6K | 5x | as long as short |
| Aster APTUSDT | −0.053% | +0.0100% | 8h | $296K | $430K | 20x | as long as short |
| Bitget APTUSDT | −0.053% | +0.0100% | 8h | $8.5M | $11.8M | 75x | as long as short |
| Reya APTRUSDPERP | −0.047% | +0.0448% | 1h | $3K | — | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo APT-PERP | −0.046% | +0.0096% | 1h | $23K | — | 3x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.026% | −0.0278% | 1h | $14K | $352K | 50x | as long as short |
| GMX APT/USD [ETH-USDC]short | −0.016% | L +0.0143% / S −0.0097% | 1h | $16K | — | 100x | |
| Backpack APT_USDC_PERPlong | 0.000% | +0.0100% | 1h | $180K | $412K | 20x | |
| Kraken Futures PF_APTUSD | +0.007% | −0.0160% | 1h | $530K | $636K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.013% | −0.0039% | 8h | $10K | $24K | 10x | as long as short |
| Extended APT-USD | +0.016% | +0.0072% | 1h | $81K | $478K | 25x | as long as short |
| KuCoin APTUSDTM | +0.026% | +0.0070% | 8h | $5.5M | $11.3M | 50x | as long as short |
| gTrade (Gains Network) APT/USD | +0.027% | L −0.0004% / S +0.0005% | 1h | $21K | — | 150x | as long as short |
| Binance APTUSDT | +0.040% | +0.0070% | 8h | $28.0M | $97.0M | 75x | as long as short |
| Bybit APTUSDT | +0.040% | +0.0100% | 8h | $29.1M | $36.7M | 50x | as long as short |
| MEXC APT_USDT | +0.040% | +0.0071% | 8h | $25.9M | $14.6M | 200x | as long as short |
| OKX APT-USDT-SWAP | +0.053% | −0.0082% | 8h | $6.0M | $23.3M | 50x | as long as short |
| Gate APT_USDT | +0.053% | +0.0100% | 8h | $2.7M | $4.7M | 75x | as long as short |
| BingX APT-USDT | +0.053% | +0.0100% | 8h | — | $38.0M | — | as long as short |
| Hyperliquid APT | +0.092% | +0.0100% | 1h | $6.2M | $5.7M | 10x | as long as short |
| dYdX APT-USD | +0.242% | +0.1148% | 1h | $51K | $2K | 10x | as long as short |
| HTX APT-USDT | +0.251% | +0.0100% | 8h | $257K | $170K | 50x | as long as short |
| ApeX Omni APTUSDT | +1.109% | +0.0100% | 1h | $52K | $560K | 50x | as long as short |
| Variational Omni APT | +1.119% | −0.0153% | 8h | $500K | $244K | — | as long as short |