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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.031%
Price spread now: Hyperliquid against BloFin+0.194%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.237%−$24 on $10k
Price spread, last 4 days (all we have)−3.710%−$371 · spread now +0.194%, 7d avg −0.009%
Together, before fees−3.947%+ Points / potential airdropHyperliquid: Season 2 · farm board−$395 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.204% dearer against BloFin than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of −0.009%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.77130.0220pay 0.0220% / 8h5h 40m$1.4M$951K75x
ShortHyperliquid APT0.77280.0100get 0.0013% / 1h40m 37s$5.4M$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.194% → −0.009%
$20.39
Slippage, 4 orders
−$22.18
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$47.99
Costs to cover
0.432%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 1 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, 2 min ago1.30 bp14.4 bp −$1422.3 bp −$22346.9 bp −$4,692doesn't fit
Sell Hyperliquid live order book, 1 min ago1.30 bp9.9 bp −$10doesn't fitdoesn't fitdoesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7719+0.078%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7718+0.065%$17K$428K50xas long as short
Orderly PERP_APT_USDC+0.0006%8h0.7718+0.065%$10K$7K10xas long as short
Variational Omni APT+0.0025%8h0.7716+0.039%$520K$330Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.869%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7721+0.104%$415K$413K10xas long as short
Hyperliquid APTshort+0.0100%1h0.7728+0.194%$5.4M$6.1M10x
Aster APTUSDT+0.0100%8h0.7719+0.080%$100K$940K20xas long as short
Binance APTUSDT+0.0100%8h0.7726+0.169%$28.4M$104.9M75xas long as short
Bybit APTUSDT+0.0100%8h0.7723+0.130%$28.0M$37.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7726+0.169%$5.8M$24.5M50xas long as short
Gate APT_USDT+0.0100%8h0.7724+0.143%$2.6M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7728+0.194%$29.2M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7725+0.156%$5.2M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725+0.156%$8.5M$12.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7730+0.220%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7720+0.091%$194K$373K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7720+0.091%$63K$577K50xas long as short
SunX APT-USDT+0.0100%8h0.7702−0.143%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7715+0.026%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7692−0.272%$260K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7722+0.111%$79K$487K25xas long as short
Aevo APT-PERP+0.0104%1h0.7716+0.036%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7719+0.073%$17K100xas long as short
BloFin APT-USDTlong+0.0220%8h0.7713long leg$1.4M$951K75x
Kraken Futures PF_APTUSD+0.0257%1h0.7714+0.016%$528K$626K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7717+0.052%$203K$530K50xas long as short
Reya APTRUSDPERP+0.0481%1h0.7716+0.039%$3K20xas long as short
dYdX APT-USD+0.1006%1h0.7722+0.123%$54K$6K10xas long as short
01 Exchange APTUSD+0.4312%1h0.7805+1.193%$2K5xas long as short