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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against Bybit−0.089%69s7-day average +0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 3 days (all we have)+0.340%+$34 · spread now −0.089%, 7d avg +0.113%
Together, before fees+0.462%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.202% cheaper against Bybit than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.113%). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APTUSDT0.78770.0042pay 0.0042% / 8h7h 36m$29.2M$37.3M50x
ShortApeX Omni APTUSDT0.78700.0100get 0.0013% / 1h36m 23s$64K$572K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$12.25
Price spread: −0.089% → +0.113%
−$20.17
Slippage, 4 orders
−$52.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$80.98
Costs to cover
0.731%
Break-even
53.3 days
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 36 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 Bybit live order book, 2 min ago0.63 bp11.9 bp −$1225.1 bp −$25168.7 bp −$6,866doesn't fit
Sell ApeX Omni live order book, 36 min ago12.55 bp21.7 bp −$22171.4 bp −$1,714doesn'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
Variational Omni APT−0.0030%8h0.7866−0.136%$515K$322Kas long as short
Orderly PERP_APT_USDC−0.0006%8h0.7881+0.051%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7882+0.058%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7875−0.025%$13K$418K50xas long as short
dYdX APT-USD+0.0007%1h0.7876−0.016%$55K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780−1.231%$2K$241K12xas long as short
Bybit APTUSDTlong+0.0042%8h0.7877long leg$29.2M$37.3M50x
Lighter APT+0.0096%1h0.78770.000%$422K$404K10xas long as short
Hyperliquid APT+0.0100%1h0.7890+0.165%$6.0M$5.7M10xas long as short
Aster APTUSDT+0.0100%8h0.7884+0.089%$297K$491K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7879+0.028%$29.8M$103.6M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7881+0.051%$6.1M$25.0M50xas long as short
Gate APT_USDT+0.0100%8h0.7879+0.025%$2.7M$4.8M75xas long as short
MEXC APT_USDT+0.0100%8h0.7878+0.013%$28.9M$15.0M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7880+0.038%$5.5M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7874−0.038%$9.0M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7878+0.013%$25.8Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.78770.000%$196K$376K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7870−0.089%$64K$572K50x
SunX APT-USDT+0.0100%8h0.7855−0.279%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7872−0.063%$55$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7883+0.076%$265K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7873−0.056%$84K$622K25xas long as short
Aevo APT-PERP+0.0104%1h0.7873−0.052%$29K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7884+0.084%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7876−0.013%$1.5M$822K75xas long as short
Coinbase International APT-PERP-INTX+0.0232%1h0.7889+0.152%$208K$547K50xas long as short
Reya APTRUSDPERP+0.0474%1h0.7877+0.002%$3K20xas long as short
Kraken Futures PF_APTUSD+0.0478%1h0.7870−0.088%$540K$647K50xas long as short
01 Exchange APTUSD+0.2504%1h0.7893+0.203%$2K5xas long as short