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+0.0100%/8h= +10.9% APRpaid last 24h +0.022%
Price spread now: OKX against Deribit−0.013%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−3.164%−$316 · spread now −0.013%, 7d avg −0.100%
Together, before fees−3.065%−$306 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 OKX is 0.087% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.77630get 0.0000% / 1h11m 08s$17K$428K50x
ShortOKX APT-USDT-SWAP0.77620.0100get 0.0100% / 8h5h 11m$5.8M$24.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$21
Price spread: −0.013% → −0.100%
$8.67
Slippage, 4 orders
−$40.12
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.45
Costs to cover
0.571%
Break-even
16.1 days
Slippage from Deribit: live order book, 53 min ago; OKX: 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, 53 min ago11.00 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.64 bp11.9 bp −$1243.1 bp −$431doesn'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%1h0.7761−0.025%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong0.0000%1h0.7763long leg$17K$428K50x
Orderly PERP_APT_USDC+0.0012%8h0.7759−0.052%$10K$7K10xas long as short
Variational Omni APT+0.0028%8h0.7754−0.116%$517K$415Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.219%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7761−0.026%$414K$419K10xas long as short
Hyperliquid APT+0.0100%1h0.7768+0.064%$5.4M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7763−0.003%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7762−0.007%$28.4M$105.0M75xas long as short
Bybit APTUSDT+0.0100%8h0.7759−0.052%$28.0M$38.1M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAPshort+0.0100%8h0.7762−0.013%$5.8M$24.7M50x
Gate APT_USDT+0.0100%8h0.7760−0.039%$2.6M$4.9M75xas long as short
MEXC APT_USDT+0.0100%8h0.7762−0.013%$29.3M$15.3M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7759−0.052%$5.2M$12.3M50xas long as short
Bitget APTUSDT+0.0100%8h0.7761−0.026%$8.6M$12.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7759−0.052%$26.0Mas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760−0.039%$63K$578K50xas long as short
SunX APT-USDT+0.0100%8h0.7747−0.206%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.77630.000%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7757−0.077%$262K$117K50xas long as short
Extended APT-USD+0.0104%1h0.7759−0.058%$84K$489K25xas long as short
Aevo APT-PERP+0.0104%1h0.7760−0.037%$28K$5K3xas long as short
Backpack APT_USDC_PERP+0.0120%1h0.7768+0.064%$195K$376K20xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7762−0.016%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7766+0.039%$1.4M$958K75xas long as short
Kraken Futures PF_APTUSD+0.0255%1h0.7770+0.091%$533K$625K50xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7784+0.271%$204K$476K50xas long as short
Reya APTRUSDPERP+0.0482%1h0.7759−0.049%$3K20xas long as short
dYdX APT-USD+0.1089%1h0.7758−0.059%$54K$6K10xas long as short
01 Exchange APTUSD+0.3472%1h0.7882+1.533%$2K5xas long as short