Funding you earn now, next payment 16:00 UTC+0.0386%/8h= +42.3% APRnext payment +$3.86 per $10,000 · paid last 24h +0.009%
Price spread now: SunX against Bybit−0.079%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2372.366% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.872%+$87 · spread now −0.079%, 7d avg −0.057%
=Funding pays, the price is against you. SunX is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.057%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.121% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.86 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APTUSDT | 0.7569 | −0.0286 | get 0.0286% / 8h | 4h 08m | $26.4M | $35.0M | 50x |
| Short | SunX APT-USDT | 0.7563 | 0.0100 | get 0.0100% / 8h | 4h 08m | $6K | $1.1M | 20x |
Bybit APTUSDT
SunX APT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $81.05
- Price spread: −0.079% → −0.057%
- −$2.22
- Slippage, 4 orders
- −$217.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$157.75
- Costs to cover
- 2.366%
- Break-even
- 20.6 days
Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 8 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, 3 min ago | 0.66 bp | 11.6 bp −$12 | 26.7 bp −$267 | 75.8 bp −$7,580 | doesn't fit |
| Sell SunX live order book, 8 min ago | 30.35 bp | 113.3 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0295% | 8h | 0.7561 | −0.100% | $534K | $448K | — | as long as short |
| Bybit APTUSDTlong | −0.0286% | 8h | 0.7569 | long leg | $26.4M | $35.0M | 50x | |
| Orderly PERP_APT_USDC | −0.0007% | 8h | 0.7573 | +0.053% | $10K | $5K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7576 | +0.097% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7575 | +0.079% | $11K | $625K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +2.788% | $2K | $239K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7569 | 0.000% | $414K | $347K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7576 | +0.092% | $4.7M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7582 | +0.167% | $88K | $839K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7575 | +0.079% | $27.7M | $86.3M | 75x | as long as short |
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7573 | +0.053% | $5.8M | $22.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7575 | +0.079% | $2.5M | $4.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7575 | +0.079% | $22.4M | $13.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7575 | +0.079% | $5.0M | $9.5M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7578 | +0.119% | $8.7M | $11.0M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7578 | +0.119% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7585 | +0.211% | $181K | $383K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7580 | +0.145% | $64K | $578K | 50x | as long as short |
| SunX APT-USDTshort | +0.0100% | 8h | 0.7563 | −0.079% | $6K | $1.1M | 20x | |
| SoDEX APT-USD | +0.0100% | 1h | 0.7572 | +0.040% | $53 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7586 | +0.225% | $250K | $158K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7571 | +0.022% | $80K | $626K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7575 | +0.079% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7574 | +0.061% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7585 | +0.211% | $1.4M | $761K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0269% | 1h | 0.7578 | +0.116% | $508K | $423K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7590 | +0.277% | $217K | $264K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0515% | 1h | 0.7573 | +0.056% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0886% | 1h | 0.7582 | +0.168% | $53K | $5K | 10x | as long as short |
| 01 Exchange APTUSD | +0.7432% | 1h | 0.7728 | +2.101% | $2K | $58 | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
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