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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0225%/8h= +24.6% APRpaid last 24h +0.092%
Price spread now: BloFin against Deribit+0.076%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.373%+$37 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.076%, 7d avg +0.029%
Together, before fees+0.389%+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.047% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.7852−0.0005get 0.0001% / 1h20m 36s$7K$386K50x
ShortBloFin APT-USDT0.78580.0220get 0.0220% / 8h1h 20m$1.5M$773K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$47.25
Price spread: +0.076% → +0.029%
$4.72
Slippage, 4 orders
−$27.45
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.52
Costs to cover
0.464%
Break-even
6.2 days
Slippage from Deribit: live order book, 63 min ago; BloFin: live order book, 2 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, 63 min ago7.66 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.64 bp13.0 bp −$1320.6 bp −$20651.6 bp −$5,161doesn'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−0.0432%1h0.7838−0.178%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0423%1h0.7857+0.064%$542K$635K50xas long as short
Variational Omni APT−0.0071%8h0.7837−0.197%$615K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.917%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0022%8h0.7850−0.025%$10K$7K10xas long as short
Deribit APT_USDC-PERPETUALlong−0.0005%1h0.7852long leg$7K$386K50x
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7852+0.003%$22K150xas long as short
Lighter APT+0.0096%1h0.7847−0.064%$430K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7856+0.051%$5.9M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7851−0.011%$305K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7849−0.041%$28.9M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7845−0.089%$29.3M$35.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7843−0.115%$6.2M$23.7M50xas long as short
Gate APT_USDT+0.0100%8h0.7849−0.038%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7848−0.051%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7851−0.013%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7848−0.051%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7846−0.076%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7853+0.013%$198K$366K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7850−0.025%$65K$567K50xas long as short
SunX APT-USDT+0.0100%8h0.7844−0.102%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7853+0.013%$74$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7849−0.038%$265K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7845−0.083%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7850−0.025%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7854+0.023%$17K100xas long as short
BloFin APT-USDTshort+0.0220%8h0.7858+0.076%$1.5M$773K75x
Coinbase International APT-PERP-INTX+0.0288%1h0.7870+0.229%$209K$559K50xas long as short
Reya APTRUSDPERP+0.0467%1h0.7852−0.005%$3K20xas long as short
dYdX APT-USD+0.0784%1h0.7850−0.025%$55K$5K10xas long as short