Funding you earn now, next payment 05:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.042%
Price spread now: Deribit against Bybit+0.091%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)+1.554%+$155 · spread now +0.091%, 7d avg +0.111%
=Funding pays, the price is against you. Deribit is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread +0.091% now, against its 7-day average of +0.111%). If the spread goes back, that is −$2 on $10k: about 43 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APTUSDT | 0.7721 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $27.5M | $39.7M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7728 | 0.0138 | get 0.0017% / 1h | 53m 11s | $8K | $490K | 50x |
Bybit APTUSDT
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- $7.98
- Price spread: +0.091% → +0.111%
- −$2.06
- Slippage, 4 orders
- −$38.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.75
- Costs to cover
- 0.567%
- Break-even
- 51.5 days
Slippage from Bybit: live order book, 1 min ago; Deribit: live order book, 66 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 Bybit live order book, 1 min ago | 0.65 bp | 10.4 bp −$10 | 22.2 bp −$222 | 92.5 bp −$9,251 | doesn't fit |
| Sell Deribit live order book, 66 min ago | 9.12 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7720 | −0.013% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7721 | 0.000% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.764% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0034% | 8h | 0.7681 | −0.516% | $512K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7729 | +0.104% | $412K | $421K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7723 | +0.026% | $5.3M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7715 | −0.075% | $97K | $962K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7727 | +0.078% | $28.2M | $106.9M | 75x | as long as short |
| Bybit APTUSDTlong | +0.0100% | 8h | 0.7721 | long leg | $27.5M | $39.7M | 50x | |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7724 | +0.039% | $5.8M | $25.0M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APT_USDT | +0.0100% | 8h | 0.7711 | −0.130% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7723 | +0.026% | $29.0M | $15.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7726 | +0.065% | $5.1M | $12.4M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7722 | +0.013% | $8.6M | $12.9M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7725 | +0.052% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7731 | +0.130% | $191K | $378K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7700 | −0.272% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7715 | −0.078% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7730 | +0.117% | $68 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7683 | −0.492% | $260K | $115K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7725 | +0.046% | $82K | $426K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7722 | +0.009% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7723 | +0.029% | $16K | — | 100x | as long as short |
| Deribit APT_USDC-PERPETUALshort | +0.0138% | 1h | 0.7728 | +0.091% | $8K | $490K | 50x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7732 | +0.142% | $1.4M | $963K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0248% | 1h | 0.7730 | +0.122% | $537K | $640K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7718 | −0.039% | $222K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0487% | 1h | 0.7717 | −0.048% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0488% | 1h | 0.7707 | −0.186% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4144% | 1h | 0.7812 | +1.179% | $2K | — | 5x | as long as short |
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
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD