Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: KuCoin against Backpack−0.156%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.156%, 7d avg −0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.090% cheaper against Backpack than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack APT_USDC_PERP | 0.7711 | 0.0100 | pay 0.0013% / 1h | 53m 42s | $190K | $378K | 20x |
| Short | KuCoin APTUSDTM | 0.7699 | 0.0100 | get 0.0100% / 8h | 3h 53m | $5.1M | $12.4M | 50x |
Backpack APT_USDC_PERP
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.156% → −0.066%
- −$8.97
- Slippage, 4 orders
- −$70.65
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$101.62
- Costs to cover
- 0.926%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 65 min ago; KuCoin: live order book, 5 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 Backpack live order book, 65 min ago | 1.96 bp | 9.3 bp −$9 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.25 bp | 35.2 bp −$35 | 88.5 bp −$885 | 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 | 0.7709 | −0.025% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7707 | −0.052% | $8K | $490K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7708 | −0.039% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.895% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0034% | 8h | 0.7681 | −0.387% | $512K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7702 | −0.117% | $410K | $421K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7709 | −0.026% | $5.3M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7703 | −0.107% | $97K | $962K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7704 | −0.090% | $28.1M | $106.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7704 | −0.091% | $27.4M | $39.7M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7703 | −0.104% | $5.7M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7700 | −0.143% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7700 | −0.143% | $28.9M | $14.9M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7699 | −0.156% | $5.1M | $12.4M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7701 | −0.130% | $8.6M | $12.9M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7701 | −0.130% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERPlong | +0.0100% | 1h | 0.7711 | long leg | $190K | $378K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | −0.272% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7695 | −0.207% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7702 | −0.117% | $67 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7683 | −0.363% | $260K | $115K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7694 | −0.219% | $82K | $426K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7708 | −0.037% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7704 | −0.089% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7721 | +0.130% | $1.4M | $961K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0249% | 1h | 0.7698 | −0.172% | $535K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7710 | −0.013% | $222K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0487% | 1h | 0.7705 | −0.077% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0488% | 1h | 0.7707 | −0.057% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4128% | 1h | 0.7794 | +1.076% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD