After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.348%7d average−0.005%fees + slippage, in and out−$37spread needed0.371%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7748 | 0.0100 | pay 0.0013% / 1h | 41m 18s | $176K | $407K | 20x |
| Short | Hyperliquid APT | 0.7775 | 0.0100 | get 0.0013% / 1h | 41m 18s | $6.0M | $4.8M | 10x |
Backpack APT_USDC_PERP
Hyperliquid APTPrice 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
- $34.85
- Funding while held
- $0
- Slippage, 4 orders
- −$18.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$2.3
- Spread needed to break even
- 0.371%
Slippage from Backpack: live order book, 19 min ago; Hyperliquid: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 19 min ago | 0.65 bp | 8.7 bp −$9 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.29 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
APT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.7720cheapestVariational Omni0.7742+0.283%
Injective
Variational OmniBackpack0.7748+0.363%
ApeX Omni0.7750+0.389%01 Exchange0.7751+0.402%HTX0.7755+0.453%SunX0.7757+0.479%Reya0.7760+0.518%dYdX0.7761+0.536%Extended0.7762+0.549%Bitget0.7763+0.557%Aevo0.7765+0.583%Gate0.7766+0.596%MEXC0.7766+0.596%BingX0.7766+0.596%KuCoin0.7767+0.609%Orderly0.7767+0.609%Deribit0.7769+0.635%Aster0.7770+0.652%SoDEX0.7771+0.661%gTrade (Gains Network)0.7772+0.667%GMX0.7772+0.679%Bybit0.7774+0.699%
ApeX Omni
HTX
SunX
Reya
dYdX
Extended
Bitget
Aevo
Gate
MEXC
BingX
KuCoin
Orderly
Deribit
Aster
SoDEX
gTrade (Gains Network)
GMX
BybitHyperliquid0.7775+0.712%
Lighter0.7776+0.725%Binance0.7776+0.726%Kraken Futures0.7777+0.740%OKX0.7778+0.751%BloFin0.7778+0.751%Coinbase International0.7790+0.907%
Lighter
Binance
Kraken Futures
OKX
BloFin
Coinbase InternationalAPT on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective APT/USDC PERP | −0.361% | −0.1330% | 1h | $12K | $66K | 12x | as long as short |
| Variational Omni APT | −0.080% | −0.0266% | 8h | $523K | $253K | — | as long as short |
| Backpack APT_USDC_PERPlong | 0.000% | +0.0100% | 1h | $176K | $407K | 20x | |
| ApeX Omni APTUSDT | +0.026% | +0.0100% | 1h | $53K | $565K | 50x | as long as short |
| 01 Exchange APTUSD | +0.039% | −0.0528% | 1h | $2K | $125 | 5x | as long as short |
| HTX APT-USDT | +0.090% | +0.0100% | 8h | $255K | $166K | 50x | as long as short |
| SunX APT-USDT | +0.116% | +0.0100% | 8h | $5K | $1.4M | 20x | as long as short |
| Reya APTRUSDPERP | +0.154% | +0.0434% | 1h | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.173% | +0.0824% | 1h | $52K | $1K | 10x | as long as short |
| Extended APT-USD | +0.186% | +0.0096% | 1h | $83K | $472K | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget APTUSDT | +0.194% | +0.0064% | 8h | $8.7M | $10.7M | 75x | as long as short |
| Aevo APT-PERP | +0.219% | +0.0104% | 1h | $24K | — | 3x | as long as short |
| Gate APT_USDT | +0.232% | −0.0027% | 8h | $2.8M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.232% | +0.0097% | 8h | $25.3M | $12.9M | 200x | as long as short |
| BingX APT-USDT | +0.232% | +0.0100% | 8h | — | $44.0M | — | as long as short |
| KuCoin APTUSDTM | +0.245% | +0.0019% | 8h | $6.0M | $10.2M | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.245% | +0.0011% | 8h | $10K | $40K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.271% | −0.0265% | 1h | $12K | $239K | 50x | as long as short |
| Aster APTUSDT | +0.288% | +0.0100% | 8h | $297K | $397K | 20x | as long as short |
| SoDEX APT-USD | +0.297% | +0.0100% | 1h | $408 | $6K | 5x | as long as short |
| gTrade (Gains Network) APT/USD | +0.303% | L −0.0004% / S +0.0005% | 1h | $21K | — | 150x | as long as short |
| GMX APT/USD [ETH-USDC] | +0.315% | L +0.0150% / S −0.0101% | 1h | $16K | — | 100x | as long as short |
| Bybit APTUSDT | +0.336% | −0.0047% | 8h | $29.8M | $33.5M | 50x | as long as short |
| Hyperliquid APTshort | +0.348% | +0.0100% | 1h | $6.0M | $4.8M | 10x | |
| Lighter APT | +0.361% | +0.0096% | 1h | $432K | $261K | 10x | as long as short |
| Binance APTUSDT | +0.362% | +0.0096% | 8h | $28.5M | $90.4M | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.376% | −0.0141% | 1h | $569K | $607K | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.387% | −0.0223% | 8h | $6.2M | $22.8M | 50x | as long as short |
| BloFin APT-USDT | +0.387% | +0.0216% | 8h | $1.6M | $674K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.542% | +0.0288% | 1h | $207K | $633K | 50x | as long as short |