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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0188%/8h= −20.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.064%
Price spread now: ApeX Omni against Coinbase International−0.254%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.317%−$32 on $10k
Price spread, last 3 days (all we have)−0.923%−$92 · spread now −0.254%, 7d avg −0.128%
Together, before fees−1.240%−$124 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.126% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APT-PERP-INTX0.78700.0288pay 0.0036% / 1h19m 04s$209K$559K50x
ShortApeX Omni APTUSDT0.78500.0100get 0.0013% / 1h19m 04s$65K$568K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$39.48
Price spread: −0.254% → −0.128%
−$12.63
Slippage, 4 orders
−$104.73
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$176.84
Costs to cover
1.247%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 64 min ago; ApeX Omni: live order book, 64 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 Coinbase International live order book, 64 min ago12.13 bp37.9 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 64 min ago12.76 bp25.1 bp −$25163.8 bp −$1,638doesn'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
01 Exchange APTUSD−0.0424%1h0.7837−0.419%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0423%1h0.7845−0.313%$542K$635K50xas long as short
Variational Omni APT−0.0070%8h0.7849−0.273%$615K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.144%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0021%8h0.7845−0.318%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7849−0.273%$22K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7845−0.318%$7K$386K50xas long as short
Lighter APT+0.0096%1h0.7842−0.356%$430K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7849−0.267%$5.9M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7851−0.236%$305K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7844−0.330%$28.9M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7842−0.356%$29.3M$35.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7843−0.343%$6.2M$23.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7843−0.343%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7848−0.280%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7844−0.330%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7843−0.343%$8.9M$12.3M75xas long as short
BingX APT-USDT+0.0100%8h0.7843−0.343%$25.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7849−0.267%$198K$366K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7850−0.254%$65K$568K50x
SunX APT-USDT+0.0100%8h0.7832−0.483%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7843−0.343%$76$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7848−0.280%$265K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7840−0.385%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7845−0.323%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7850−0.257%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7849−0.267%$1.5M$787K75xas long as short
Coinbase International APT-PERP-INTXlong+0.0288%1h0.7870long leg$209K$559K50x
Reya APTRUSDPERP+0.0468%1h0.7845−0.316%$3K20xas long as short
dYdX APT-USD+0.0777%1h0.7850−0.253%$55K$5K10xas long as short