Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.061%
Price spread now: SunX against Deribit−0.207%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2472.467% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.207%, 7d avg −0.161%
=Funding pays, the price is against you. SunX is 0.046% cheaper against Deribit than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.161%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit APT_USDC-PERPETUAL | 0.7728 | 0 | get 0.0000% / 1h | 1m 21s | $12K | $418K | 50x |
| Short | SunX APT-USDT | 0.7712 | 0.0100 | get 0.0100% / 8h | 6h 01m | $6K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Deribit. 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
- $21
- Price spread: −0.207% → −0.161%
- −$4.61
- Slippage, 4 orders
- −$231.69
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$230.3
- Costs to cover
- 2.467%
- Break-even
- 83.8 days
Slippage from Deribit: live order book, 2 min ago; SunX: live order book, 4 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 Deribit live order book, 2 min ago | 11.00 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 30.44 bp | 113.0 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
APT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7728 | −0.004% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALlong | 0.0000% | 1h | 0.7728 | long leg | $12K | $418K | 50x | |
| Orderly PERP_APT_USDC | +0.0003% | 8h | 0.7727 | −0.013% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0012% | 8h | 0.7726 | −0.024% | $505K | $306K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.673% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7731 | +0.039% | $414K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7730 | +0.026% | $5.4M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7726 | −0.030% | $96K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7730 | +0.025% | $28.5M | $105.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7727 | −0.013% | $28.1M | $37.6M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7729 | +0.013% | $5.8M | $24.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7726 | −0.026% | $2.7M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7726 | −0.026% | $29.2M | $15.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7727 | −0.013% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7725 | −0.039% | $8.6M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7726 | −0.026% | — | $25.9M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7732 | +0.052% | $193K | $390K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | +0.026% | $63K | $575K | 50x | as long as short |
| SunX APT-USDTshort | +0.0100% | 8h | 0.7712 | −0.207% | $6K | $1.5M | 20x | |
| SoDEX APT-USD | +0.0100% | 1h | 0.7728 | 0.000% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7730 | +0.026% | $260K | $116K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7727 | −0.014% | $83K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7726 | −0.027% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7735 | +0.090% | $527K | $639K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7730 | +0.030% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +1.048% | $205K | $536K | 50x | as long as short |
| dYdX APT-USD | +0.0287% | 1h | 0.7726 | −0.020% | $54K | $6K | 10x | as long as short |
| Reya APTRUSDPERP | +0.0479% | 1h | 0.7727 | −0.018% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2536% | 1h | 0.7822 | +1.216% | $2K | — | 5x | as long as short |
Deribit APT_USDC-PERPETUAL
SunX APT-USDT
gTrade (Gains Network) APT/USD
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
01 Exchange APTUSD