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 − costs—prices read too far apart to compare
costs, in and out, $10k−$480.480% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APT-USDT | 0.7753 | 0.0220 | pay 0.0220% / 8h | 7h 56m | $1.4M | $804K | 75x |
| Short | Bitget APTUSDT | 0.7717 | 0.0100 | get 0.0100% / 8h | 7h 56m | $8.7M | $11.7M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 1 min ago | 1.93 bp | 7.9 bp −$8 | 9.4 bp −$94 | 49.8 bp −$4,979 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.65 bp | 15.8 bp −$16 | 25.4 bp −$254 | 84.4 bp −$8,437 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0065% | 8h | 0.7713 | −0.510% | $493K | $415K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7728 | −0.322% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7729 | −0.310% | $20K | $597K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7728 | −0.322% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.348% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7724 | −0.374% | $413K | $412K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7733 | −0.258% | $5.0M | $5.9M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7728 | −0.324% | $92K | $883K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7724 | −0.374% | $28.2M | $94.5M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7716 | −0.477% | $27.5M | $36.7M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7717 | −0.464% | $5.8M | $23.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7727 | −0.335% | $2.6M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7720 | −0.426% | $31.5M | $13.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7731 | −0.284% | $4.8M | $11.0M | 50x | as long as short |
| Bitget APTUSDTshort | +0.0100% | 8h | 0.7717 | −0.464% | $8.7M | $11.7M | 75x | |
| BingX APT-USDT | +0.0100% | 8h | 0.7717 | −0.464% | — | $24.4M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | −0.426% | $59K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7714 | −0.503% | $5K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7727 | −0.335% | $107 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7731 | −0.284% | $253K | $165K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7721 | −0.406% | $83K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7728 | −0.321% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7725 | −0.366% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7734 | −0.239% | $525K | $552K | 50x | as long as short |
| Backpack APT_USDC_PERP | +0.0203% | 1h | 0.7723 | −0.387% | $183K | $298K | 20x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7753 | long leg | $1.4M | $804K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7748 | −0.064% | $223K | $314K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0501% | 1h | 0.7726 | −0.350% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0925% | 1h | 0.7741 | −0.158% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3736% | 1h | 0.7817 | +0.825% | $2K | — | 5x | as long as short |
BloFin APT-USDT
Bitget APTUSDT
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
Backpack APT_USDC_PERP
Coinbase International APT-PERP-INTX
01 Exchange APTUSD