Funding you earn now, next payment 08:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.123%
Price spread now: Deribit against Coinbase International−0.296%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days−0.571%−$57 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.296%, 7d avg −0.128%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.169% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APT-PERP-INTX | 0.7760 | 0.0336 | pay 0.0042% / 1h | 52m 19s | $222K | $310K | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7737 | 0 | get 0.0000% / 1h | 52m 19s | $20K | $597K | 50x |
Coinbase International APT-PERP-INTX
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.56
- Price spread: −0.296% → −0.128%
- −$16.85
- Slippage, 4 orders
- −$74.58
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$179
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 46 min ago; Deribit: live order book, 46 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 Coinbase International live order book, 46 min ago | 11.75 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 46 min ago | 6.52 bp | 10.0 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0059% | 8h | 0.7718 | −0.538% | $493K | $415K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7728 | −0.416% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7737 | −0.296% | $20K | $597K | 50x | |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7736 | −0.309% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.258% | $2K | $240K | 12x | as long as short |
| Bybit APTUSDT | +0.0077% | 8h | 0.7733 | −0.348% | $27.6M | $36.5M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7732 | −0.361% | $414K | $412K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7752 | −0.103% | $5.1M | $5.9M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7743 | −0.217% | $92K | $879K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7740 | −0.258% | $28.2M | $94.1M | 75x | as long as short |
Variational Omni APT
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Bybit APTUSDT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7732 | −0.361% | $5.8M | $23.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7742 | −0.232% | $2.6M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7747 | −0.168% | $31.6M | $13.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7741 | −0.245% | $4.8M | $10.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7736 | −0.309% | $8.7M | $11.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7743 | −0.219% | — | $24.3M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7742 | −0.232% | $183K | $294K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7700 | −0.773% | $59K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7721 | −0.503% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7733 | −0.348% | $104 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7728 | −0.412% | $253K | $159K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7727 | −0.428% | $83K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7731 | −0.377% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7734 | −0.337% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7733 | −0.343% | $524K | $546K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7733 | −0.348% | $1.4M | $791K | 75x | as long as short |
| Coinbase International APT-PERP-INTXlong | +0.0336% | 1h | 0.7760 | long leg | $222K | $310K | 50x | |
| Reya APTRUSDPERP | +0.0502% | 1h | 0.7741 | −0.247% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1002% | 1h | 0.7738 | −0.288% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3968% | 1h | 0.7879 | +1.534% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
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]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD