Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Backpack against Binance+0.038%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.038%, 7d avg +0.026%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APTUSDT | 0.7794 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $28.7M | $97.0M | 75x |
| Short | Backpack APT_USDC_PERP | 0.7797 | 0.0100 | get 0.0013% / 1h | 53m 41s | $197K | $361K | 20x |
Binance APTUSDT
Backpack APT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Binance. 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: +0.038% → +0.026%
- $1.27
- Slippage, 4 orders
- −$17.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$36.25
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Backpack: live order book, 30 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 Binance live order book, 4 min ago | 1.28 bp | 8.4 bp −$8 | 19.0 bp −$190 | 81.6 bp −$8,164 | doesn't fit |
| Sell Backpack live order book, 30 min ago | 0.64 bp | 9.0 bp −$9 | 32.0 bp −$320 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.0647% | 1h | 0.7794 | 0.000% | $7K | $382K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0552% | 1h | 0.7793 | −0.013% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0426% | 1h | 0.7797 | +0.042% | $535K | $622K | 50x | as long as short |
| Variational Omni APT | −0.0089% | 8h | 0.7802 | +0.101% | $612K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.180% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7804 | +0.128% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7805 | +0.138% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7791 | −0.038% | $427K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7801 | +0.090% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7804 | +0.129% | $303K | $464K | 20x | as long as short |
Deribit APT_USDC-PERPETUAL
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDTlong | +0.0100% | 8h | 0.7794 | long leg | $28.7M | $97.0M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7788 | −0.077% | $29.0M | $35.4M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7796 | +0.026% | $6.2M | $23.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7798 | +0.051% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7791 | −0.038% | $27.9M | $14.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7793 | −0.013% | $5.5M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7788 | −0.077% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7793 | −0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERPshort | +0.0100% | 1h | 0.7797 | +0.038% | $197K | $361K | 20x | |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | −0.180% | $65K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7782 | −0.154% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7793 | −0.013% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7795 | +0.013% | $263K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7790 | −0.048% | $83K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7804 | +0.130% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7803 | +0.120% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7813 | +0.244% | $1.5M | $769K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7819 | +0.321% | $211K | $547K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0465% | 1h | 0.7799 | +0.058% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0517% | 1h | 0.7797 | +0.041% | $55K | $5K | 10x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
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
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD