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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.125%
Price spread now: Kraken Futures against BloFin+0.272%117s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.226%−$23 on $10k
Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.272%, 7d avg −0.012%
Together, before fees−0.350%−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.284% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.76190.0220pay 0.0220% / 8h3h 21m$1.4M$947K75x
ShortKraken Futures PF_APTUSD0.76400.0251get 0.0031% / 1h21m 16s$531K$641K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$6.56
Price spread: +0.272% → −0.012%
$28.4
Slippage, 4 orders
−$64.13
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$51.17
Costs to cover
0.861%
Break-even
61.6 days
Slippage from BloFin: live order book, 1 min ago; Kraken Futures: live order book, 32 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 ago3.29 bp11.0 bp −$1123.6 bp −$23661.9 bp −$6,188doesn't fit
Sell Kraken Futures live order book, 32 min ago10.37 bp30.5 bp −$30103.8 bp −$1,038doesn'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%1h0.7637+0.237%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7638+0.249%$7K$535K50xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7636+0.223%$10K$7K10xas long as short
Variational Omni APT+0.0021%8h0.7630+0.146%$509K$416Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.113%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7629+0.131%$407K$422K10xas long as short
Hyperliquid APT+0.0100%1h0.7643+0.315%$5.1M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7633+0.184%$96K$959K20xas long as short
Binance APTUSDT+0.0100%8h0.7636+0.228%$27.7M$107.1M75xas long as short
Bybit APTUSDT+0.0100%8h0.7633+0.184%$27.1M$40.4M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7636+0.223%$5.7M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7634+0.197%$2.6M$5.0M75xas long as short
MEXC APT_USDT+0.0100%8h0.7644+0.328%$28.9M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7637+0.236%$5.0M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7636+0.223%$8.6M$13.1M75xas long as short
BingX APT-USDC+0.0100%8h0.7637+0.236%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7613−0.079%$172K$387K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7630+0.144%$61K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7629+0.131%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7636+0.223%$80$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7627+0.105%$249K$149K50xas long as short
Extended APT-USD+0.0104%1h0.7633+0.182%$79K$426K25xas long as short
Aevo APT-PERP+0.0104%1h0.7635+0.210%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7635+0.205%$16K100xas long as short
BloFin APT-USDTlong+0.0220%8h0.7619long leg$1.4M$947K75x
Kraken Futures PF_APTUSDshort+0.0251%1h0.7640+0.272%$531K$641K50x
Coinbase International APT-PERP-INTX+0.0312%1h0.7648+0.381%$220K$461K50xas long as short
Reya APTRUSDPERP+0.0489%1h0.7640+0.279%$3K20xas long as short
dYdX APT-USD+0.0677%1h0.7638+0.244%$53K$6K10xas long as short
01 Exchange APTUSD+0.5176%1h0.7758+1.824%$2K5xas long as short