Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.059%
Price spread now: Bybit against BloFin+0.281%92s7-day average −0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$480.479% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 3 days (all we have)−2.084%−$208 · spread now +0.281%, 7d avg −0.144%
=The price spread pays, funding is against you. Bybit is 0.425% dearer against BloFin than usual: you sell high and buy low (spread +0.281% now, against its 7-day average of −0.144%): +$43 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 92 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 | 0.7826 | 0.0220 | pay 0.0220% / 8h | 2h 21m | $1.5M | $774K | 75x |
| Short | Bybit APTUSDT | 0.7848 | 0.0100 | get 0.0100% / 8h | 2h 21m | $29.2M | $35.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.281% → −0.144%
- $42.52
- Slippage, 4 orders
- −$24.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.58
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: 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, 6 min ago | 0.64 bp | 6.6 bp −$7 | 10.9 bp −$109 | 44.3 bp −$4,427 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.64 bp | 16.6 bp −$17 | 33.6 bp −$336 | 87.4 bp −$8,742 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0528% | 1h | 0.7830 | +0.051% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0360% | 1h | 0.7847 | +0.266% | $538K | $617K | 50x | as long as short |
| Variational Omni APT | −0.0099% | 8h | 0.7839 | +0.163% | $614K | $223K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0017% | 8h | 0.7847 | +0.268% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | −0.0016% | 1h | 0.7780 | −0.588% | $2K | $200K | 12x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0005% | 1h | 0.7848 | +0.281% | $7K | $382K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7849 | +0.295% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7847 | +0.268% | $429K | $348K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7855 | +0.371% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7849 | +0.290% | $306K | $454K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7848 | +0.283% | $28.9M | $96.2M | 75x | as long as short |
| Bybit APTUSDTshort | +0.0100% | 8h | 0.7848 | +0.281% | $29.2M | $35.3M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7846 | +0.256% | $6.2M | $23.3M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7846 | +0.256% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7854 | +0.358% | $28.0M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7846 | +0.256% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7849 | +0.294% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7848 | +0.281% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7852 | +0.332% | $199K | $362K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7830 | +0.051% | $65K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7829 | +0.038% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7845 | +0.243% | $57 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7835 | +0.115% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7844 | +0.234% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7845 | +0.243% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7851 | +0.326% | $17K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.7826 | long leg | $1.5M | $774K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7860 | +0.434% | $211K | $547K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0464% | 1h | 0.7847 | +0.266% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0717% | 1h | 0.7849 | +0.298% | $55K | $5K | 10x | as long as short |
BloFin APT-USDT
Bybit APTUSDT
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX