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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.099%
Price spread now: Kraken Futures against Extended+0.682%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+2.506%+$251 · spread now +0.682%, 7d avg +0.126%
Together, before fees+2.509%+ Points / potential airdropExtended: Active · farm board+$251 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.555% dearer against Extended than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of +0.126%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APT-USD0.76770.0104pay 0.0013% / 1h33m 31s$79K$640K25x
ShortKraken Futures PF_APTUSD0.77290.0143get 0.0018% / 1h33m 31s$530K$536K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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
$8.28
Price spread: +0.682% → +0.126%
$55.54
Slippage, 4 orders
−$68.28
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$19.46
Costs to cover
0.833%
Break-even
23.5 days
Slippage from Extended: live order book, 64 min ago; Kraken Futures: live order book, 64 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 Extended live order book, 64 min ago1.96 bp11.5 bp −$12102.8 bp −$1,028doesn't fitdoesn't fit
Sell Kraken Futures live order book, 64 min ago10.43 bp30.9 bp −$3180.9 bp −$809doesn'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
Gate APT_USDT−0.0215%8h0.7680+0.046%$2.6M$4.3M75xas long as short
Variational Omni APT−0.0065%8h0.7721+0.583%$494K$412Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7722+0.593%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7728+0.671%$20K$597K50xas long as short
Orderly PERP_APT_USDC+0.0018%8h0.7730+0.697%$10K$6K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.348%$2K$240K12xas long as short
Bybit APTUSDT+0.0036%8h0.7677+0.006%$27.3M$35.9M50xas long as short
Lighter APT+0.0096%1h0.7686+0.124%$411K$414K10xas long as short
Hyperliquid APT+0.0100%1h0.7690+0.176%$5.1M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7680+0.046%$91K$861K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7681+0.059%$28.0M$93.1M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7684+0.098%$5.8M$22.8M50xas long as short
MEXC APT_USDT+0.0100%8h0.7686+0.124%$33.0M$13.8M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7675−0.020%$4.8M$10.8M50xas long as short
Bitget APTUSDT+0.0100%8h0.7681+0.059%$8.7M$11.4M75xas long as short
BingX APT-USDT+0.0100%8h0.7680+0.046%$24.2Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7718+0.541%$178K$296K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7730+0.697%$59K$582K50xas long as short
SunX APT-USDT+0.0100%8h0.7692+0.202%$6K$1.3M20xas long as short
SoDEX APT-USD+0.0100%1h0.7718+0.541%$100$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7738+0.801%$254K$147K50xas long as short
Extended APT-USDlong+0.0104%1h0.7677long leg$79K$640K25x
Aevo APT-PERP+0.0104%1h0.7729+0.688%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7718+0.535%$16K100xas long as short
Kraken Futures PF_APTUSDshort+0.0143%1h0.7729+0.682%$530K$536K50x
BloFin APT-USDT+0.0220%8h0.7717+0.528%$1.4M$778K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7720+0.567%$222K$301K50xas long as short
Reya APTRUSDPERP+0.0503%1h0.7707+0.402%$3K20xas long as short
dYdX APT-USD+0.1181%1h0.7692+0.202%$54K$6K10xas long as short
01 Exchange APTUSD+0.3712%1h0.7799+1.596%$2K5xas long as short