Funding you earn now, next payment 06:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.059%
Price spread now: Deribit against BingX+0.118%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)+0.977%+$98 · spread now +0.118%, 7d avg +0.072%
=The price spread pays, funding is against you. Deribit is 0.046% dearer against BingX than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.072%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APT-USDT | 0.7600 | 0.0100 | pay 0.0100% / 8h | 2h 16m | — | $26.3M | — |
| Short | Deribit APT_USDC-PERPETUAL | 0.7609 | 0.0013 | get 0.0002% / 1h | 16m 53s | $12K | $571K | 50x |
BingX APT-USDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. 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
- −$18.27
- Price spread: +0.118% → +0.072%
- $4.59
- Slippage, 4 orders
- −$19.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.29
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Deribit: live order book, 32 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 BingX live order book, 7 min ago | 1.33 bp | 6.3 bp −$6 | 8.1 bp −$81 | 14.4 bp −$1,443 | 33.5 bp −$16.7K |
| Sell Deribit live order book, 32 min ago | 5.91 bp | 14.6 bp −$15 | doesn't fit | 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 | 0.7610 | +0.132% | $20K | — | 150x | as long as short |
| Variational Omni APT | +0.0007% | 8h | 0.7580 | −0.261% | $506K | $413K | — | as long as short |
| Deribit APT_USDC-PERPETUALshort | +0.0013% | 1h | 0.7609 | +0.118% | $12K | $571K | 50x | |
| Orderly PERP_APT_USDC | +0.0021% | 8h | 0.7602 | +0.026% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.368% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7604 | +0.053% | $405K | $428K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7602 | +0.026% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7606 | +0.073% | $93K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7607 | +0.090% | $27.7M | $107.8M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7597 | −0.039% | $27.0M | $41.2M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Variational Omni APT
Orderly PERP_APT_USDC
Injective APT/USDC PERP
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 | 0.7601 | +0.013% | $5.7M | $25.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7602 | +0.026% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7609 | +0.118% | $30.0M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7600 | 0.000% | $4.9M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7598 | −0.026% | $8.5M | $13.3M | 75x | as long as short |
| BingX APT-USDTlong | +0.0100% | 8h | 0.7600 | long leg | — | $26.3M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7610 | +0.132% | $189K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7610 | +0.132% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7604 | +0.053% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7606 | +0.079% | $89 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7628 | +0.368% | $251K | $154K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7597 | −0.043% | $78K | $584K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7609 | +0.119% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7604 | +0.057% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0218% | 1h | 0.7604 | +0.046% | $527K | $626K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7603 | +0.039% | $1.4M | $973K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7620 | +0.263% | $219K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0493% | 1h | 0.7608 | +0.110% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0907% | 1h | 0.7609 | +0.114% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.6968% | 1h | 0.7750 | +1.974% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD