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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.060%
Price spread now: ApeX Omni against Deribit+0.026%46s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.237%+$24 on $10k
Price spread, last 4 days (all we have)−2.895%−$290 · spread now +0.026%, 7d avg −0.002%
Together, before fees−2.658%−$266 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.77580.0008pay 0.0001% / 1h11m 31s$17K$428K50x
ShortApeX Omni APTUSDT0.77600.0100get 0.0013% / 1h11m 31s$63K$578K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
$19.32
Price spread: +0.026% → −0.002%
$2.77
Slippage, 4 orders
−$78.48
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$73.38
Costs to cover
0.955%
Break-even
33.6 days
Slippage from Deribit: live order book, 52 min ago; ApeX Omni: live order book, 51 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 Deribit live order book, 52 min ago11.00 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 51 min ago19.42 bp30.0 bp −$30182.2 bp −$1,822doesn'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
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7759+0.013%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong+0.0008%1h0.7758long leg$17K$428K50x
Orderly PERP_APT_USDC+0.0011%8h0.7752−0.077%$10K$7K10xas long as short
Variational Omni APT+0.0029%8h0.7795+0.477%$521K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.284%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.77580.000%$414K$419K10xas long as short
Hyperliquid APT+0.0100%1h0.7761+0.039%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7756−0.022%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7762+0.058%$28.4M$105.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7756−0.026%$28.0M$38.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.77580.000%$5.8M$24.6M50xas long as short
Gate APT_USDT+0.0100%8h0.7760+0.026%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7760+0.026%$29.3M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.77580.000%$5.2M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7760+0.026%$8.6M$12.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7756−0.026%$26.0Mas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7760+0.026%$63K$578K50x
SunX APT-USDT+0.0100%8h0.7744−0.180%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7756−0.026%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7792+0.438%$263K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7756−0.032%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7759+0.016%$28K$5K3xas long as short
Backpack APT_USDC_PERP+0.0117%1h0.7762+0.052%$195K$376K20xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7755−0.036%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7753−0.064%$1.4M$956K75xas long as short
Kraken Futures PF_APTUSD+0.0255%1h0.7764+0.077%$533K$625K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7784+0.335%$204K$496K50xas long as short
Reya APTRUSDPERP+0.0482%1h0.7757−0.013%$3K20xas long as short
dYdX APT-USD+0.1089%1h0.7758+0.006%$54K$6K10xas long as short
01 Exchange APTUSD+0.3472%1h0.7882+1.598%$2K5xas long as short