Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.005%
Price spread now: GMX against Bitget+0.072%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.072% dearer against Bitget than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APTUSDT0.76080.0100pay 0.0100% / 8h2h 17m$8.5M$13.3M75x
ShortGMX APT/USD [ETH-USDC]0.7613L +0.0136% / S −0.0090%get 0.0011% / 1h17m 34s$16K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.16
Price spread: +0.072% → 0.000%
$7.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$19.01
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago1.31 bp15.0 bp −$1519.0 bp −$19081.0 bp −$8,101doesn'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 on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7614+0.078%$20K150xas long as short
Variational Omni APT+0.0007%8h0.7580−0.366%$506K$413Kas long as short
Orderly PERP_APT_USDC+0.0021%8h0.7617+0.118%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.261%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7610+0.026%$405K$428K10xas long as short
Hyperliquid APT+0.0100%1h0.7614+0.079%$4.8M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7611+0.034%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7611+0.044%$27.7M$107.8M75xas long as short
Bybit APTUSDT+0.0100%8h0.7606−0.026%$27.1M$41.2M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7609+0.013%$5.7M$25.5M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APT_USDT+0.0100%8h0.7611+0.039%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7611+0.039%$30.1M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7611+0.039%$4.9M$12.1M50xas long as short
Bitget APTUSDTlong+0.0100%8h0.7608long leg$8.5M$13.3M75x
BingX APT-USDC+0.0100%8h0.7610+0.026%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7619+0.145%$189K$359K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7610+0.026%$61K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7600−0.105%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7616+0.105%$89$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7628+0.263%$251K$154K50xas long as short
Extended APT-USD+0.0104%1h0.7606−0.023%$78K$584K25xas long as short
Aevo APT-PERP+0.0104%1h0.7618+0.132%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]shortL +0.0136% / S −0.0090%1h0.7613+0.072%$16K100x
Deribit APT_USDC-PERPETUAL+0.0144%1h0.7618+0.131%$12K$571K50xas long as short
Kraken Futures PF_APTUSD+0.0218%1h0.7613+0.068%$528K$626K50xas long as short
BloFin APT-USDT+0.0220%8h0.7616+0.105%$1.4M$974K75xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7620+0.158%$219K$460K50xas long as short
Reya APTRUSDPERP+0.0493%1h0.7608+0.005%$3K20xas long as short
dYdX APT-USD+0.0907%1h0.7609+0.008%$53K$6K10xas long as short
01 Exchange APTUSD+0.6968%1h0.7750+1.866%$2K5xas long as short