Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0277%/8h= +30.4% APRpaid last 24h +0.074%

Price spread now: Reya against BloFin−0.100%46s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.100% cheaper against BloFin than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 29 hours of funding at the current rate (+$8 a day). The two prices were read 46 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	0.7646	0.0220	pay 0.0220% / 8h	1h 01m	$1.4M	$799K	75x
Short	Reya APTRUSDPERP	0.7638	0.0497	get 0.0062% / 1h	1m 29s	$3K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee BloFinbpFee ReyabpOrdersPrice spread, now −0.100%Rate

Funding earned: $58.25
Price spread: −0.100% → 0.000%: −$10.04
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $30.21
Costs to cover: 0.180%
Break-even: 3.4 days

Slippage unknown: BloFin: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

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	0.65 bp	12.6 bp −$13	20.6 bp −$206	58.3 bp −$5,828	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_APTUSD	−0.0228%	1h	0.7645	−0.016%	$522K	$603K	50x	as long as short
Variational Omni APT	−0.0020%	8h	0.7670	+0.316%	$491K	$421K	—	as long as short
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7641	−0.065%	$21K	—	150x	as long as short
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7641	−0.065%	$19K	$599K	50x	as long as short
Orderly PERP_APT_USDC	+0.0019%	8h	0.7639	−0.092%	$10K	$7K	10x	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+1.753%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7635	−0.144%	$409K	$427K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7640	−0.078%	$4.8M	$6.0M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7639	−0.092%	$90K	$918K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7636	−0.130%	$27.8M	$100.8M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit APTUSDT	+0.0100%	8h	0.7633	−0.170%	$27.3M	$38.9M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7632	−0.183%	$5.7M	$24.1M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7634	−0.157%	$2.6M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7637	−0.118%	$30.5M	$15.5M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7633	−0.170%	$4.9M	$11.7M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7637	−0.118%	$8.6M	$12.4M	75x	as long as short
BingX APT-USDT	+0.0100%	8h	0.7635	−0.144%	—	$26.0M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7644	−0.026%	$173K	$308K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7670	+0.314%	$62K	$581K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7625	−0.275%	$6K	$1.4M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7639	−0.092%	$86	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7677	+0.405%	$252K	$181K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7633	−0.165%	$80K	$551K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7636	−0.135%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0136% / S −0.0090%	1h	0.7642	−0.057%	$16K	—	100x	as long as short
BloFin APT-USDTlong	+0.0220%	8h	0.7646	long leg	$1.4M	$799K	75x
Coinbase International APT-PERP-INTX	+0.0360%	1h	0.7650	+0.052%	$221K	$310K	50x	as long as short
Reya APTRUSDPERPshort	+0.0497%	1h	0.7638	−0.100%	$3K	—	20x
dYdX APT-USD	+0.0931%	1h	0.7642	−0.046%	$54K	$6K	10x	as long as short
01 Exchange APTUSD	+0.5120%	1h	0.7777	+1.713%	$2K	—	5x	as long as short