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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.032%
Price spread now: Bitget against BloFin−0.464%65s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.187%−$19 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.464%, 7d avg −0.092%
Together, before fees−0.367%−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.373% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.092%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.77530.0220pay 0.0220% / 8h7h 56m$1.4M$804K75x
ShortBitget APTUSDT0.77170.0100get 0.0100% / 8h7h 56m$8.7M$11.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$25.2
Price spread: −0.464% → −0.092%
−$37.26
Slippage, 4 orders
−$23.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$110.43
Costs to cover
0.480%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 1 min ago1.93 bp7.9 bp −$89.4 bp −$9449.8 bp −$4,979doesn't fit
Sell Bitget live order book, 2 min ago0.65 bp15.8 bp −$1625.4 bp −$25484.4 bp −$8,437doesn't fit

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
Variational Omni APT−0.0065%8h0.7713−0.510%$493K$415Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7728−0.322%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7729−0.310%$20K$597K50xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7728−0.322%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.348%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7724−0.374%$413K$412K10xas long as short
Hyperliquid APT+0.0100%1h0.7733−0.258%$5.0M$5.9M10xas long as short
Aster APTUSDT+0.0100%8h0.7728−0.324%$92K$883K20xas long as short
Binance APTUSDT+0.0100%8h0.7724−0.374%$28.2M$94.5M75xas long as short
Bybit APTUSDT+0.0100%8h0.7716−0.477%$27.5M$36.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7717−0.464%$5.8M$23.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7727−0.335%$2.6M$4.2M75xas long as short
MEXC APT_USDT+0.0100%8h0.7720−0.426%$31.5M$13.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7731−0.284%$4.8M$11.0M50xas long as short
Bitget APTUSDTshort+0.0100%8h0.7717−0.464%$8.7M$11.7M75x
BingX APT-USDT+0.0100%8h0.7717−0.464%$24.4Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720−0.426%$59K$580K50xas long as short
SunX APT-USDT+0.0100%8h0.7714−0.503%$5K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7727−0.335%$107$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7731−0.284%$253K$165K50xas long as short
Extended APT-USD+0.0104%1h0.7721−0.406%$83K$635K25xas long as short
Aevo APT-PERP+0.0104%1h0.7728−0.321%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7725−0.366%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7734−0.239%$525K$552K50xas long as short
Backpack APT_USDC_PERP+0.0203%1h0.7723−0.387%$183K$298K20xas long as short
BloFin APT-USDTlong+0.0220%8h0.7753long leg$1.4M$804K75x
Coinbase International APT-PERP-INTX+0.0336%1h0.7748−0.064%$223K$314K50xas long as short
Reya APTRUSDPERP+0.0501%1h0.7726−0.350%$3K20xas long as short
dYdX APT-USD+0.0925%1h0.7741−0.158%$54K$6K10xas long as short
01 Exchange APTUSD+0.3736%1h0.7817+0.825%$2K5xas long as short