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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.328%+$33 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APT_USDC-PERPETUAL0.77280get 0.0000% / 1h1m 21s$12K$418K50x
ShortSunX APT-USDT0.77120.0100get 0.0100% / 8h6h 01m$6K$1.5M20x

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 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: −0.207% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 2 min ago11.00 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago30.44 bp113.0 bp −$113doesn't fitdoesn't fitdoesn't fit

APT on 29 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%1h0.7728−0.004%$21K150xas long as short
Deribit APT_USDC-PERPETUALlong0.0000%1h0.7728long leg$12K$418K50x
Orderly PERP_APT_USDC+0.0003%8h0.7727−0.013%$10K$7K10xas long as short
Variational Omni APT+0.0012%8h0.7726−0.024%$505K$306Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.673%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7731+0.039%$414K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.7730+0.026%$5.4M$6.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7726−0.030%$96K$940K20xas long as short
Binance APTUSDT+0.0100%8h0.7730+0.025%$28.5M$105.6M75xas long as short
Bybit APTUSDT+0.0100%8h0.7727−0.013%$28.1M$37.6M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7729+0.013%$5.8M$24.4M50xas long as short
Gate APT_USDT+0.0100%8h0.7726−0.026%$2.7M$5.0M75xas long as short
MEXC APT_USDT+0.0100%8h0.7726−0.026%$29.2M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727−0.013%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725−0.039%$8.6M$12.6M75xas long as short
BingX APT-USDT+0.0100%8h0.7726−0.026%$25.9Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7732+0.052%$193K$390K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7730+0.026%$63K$575K50xas long as short
SunX APT-USDTshort+0.0100%8h0.7712−0.207%$6K$1.5M20x
SoDEX APT-USD+0.0100%1h0.77280.000%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7730+0.026%$260K$116K50xas long as short
Extended APT-USD+0.0104%1h0.7727−0.014%$83K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7726−0.027%$28K$5K3xas long as short
Kraken Futures PF_APTUSD+0.0138%1h0.7735+0.090%$527K$639K50xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7730+0.030%$17K100xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+1.048%$205K$536K50xas long as short
dYdX APT-USD+0.0287%1h0.7726−0.020%$54K$6K10xas long as short
Reya APTRUSDPERP+0.0479%1h0.7727−0.018%$3K20xas long as short
01 Exchange APTUSD+0.2536%1h0.7822+1.216%$2K5xas long as short