Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.027%

Price spread now: Binance against gTrade (Gains Network)−0.126%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.126% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) APT/USD	0.7732	L −0.0004% / S +0.0005%	get 0.0001% / 1h	1m 34s	$21K	—	150x
Short	Binance APTUSDT	0.7722	0.0100	get 0.0100% / 8h	6h 01m	$28.5M	$105.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.126%Rate

Funding earned: $21.85
Price spread: −0.126% → 0.000%: −$12.57
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.72
Costs to cover: 0.200%
Break-even: 10.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	0.64 bp	9.7 bp −$10	22.9 bp −$229	80.8 bp −$8,082	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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/USDlong	L −0.0004% / S +0.0005%	1h	0.7732	long leg	$21K	—	150x
Deribit APT_USDC-PERPETUAL	0.0000%	1h	0.7730	−0.022%	$12K	$418K	50x	as long as short
Orderly PERP_APT_USDC	+0.0002%	8h	0.7727	−0.061%	$10K	$7K	10x	as long as short
Variational Omni APT	+0.0012%	8h	0.7726	−0.072%	$505K	$306K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+0.624%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7721	−0.139%	$414K	$407K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7730	−0.022%	$5.4M	$6.2M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7728	−0.044%	$96K	$940K	20x	as long as short
Binance APTUSDTshort	+0.0100%	8h	0.7722	−0.126%	$28.5M	$105.6M	75x
Bybit APTUSDT	+0.0100%	8h	0.7717	−0.190%	$28.1M	$37.7M	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	0.7722	−0.126%	$5.8M	$24.3M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7724	−0.100%	$2.7M	$5.0M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7727	−0.061%	$29.2M	$15.5M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7725	−0.087%	$5.3M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7727	−0.061%	$8.6M	$12.6M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7720	−0.152%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7732	+0.004%	$193K	$390K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7730	−0.022%	$63K	$574K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7718	−0.177%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7729	−0.035%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7730	−0.022%	$260K	$116K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7718	−0.179%	$83K	$486K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7727	−0.065%	$28K	$5K	3x	as long as short
Kraken Futures PF_APTUSD	+0.0138%	1h	0.7735	+0.043%	$527K	$639K	50x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7733	+0.010%	$17K	—	100x	as long as short
Coinbase International APT-PERP-INTX	+0.0272%	1h	0.7809	+1.000%	$205K	$536K	50x	as long as short
dYdX APT-USD	+0.0287%	1h	0.7726	−0.068%	$54K	$6K	10x	as long as short
Reya APTRUSDPERP	+0.0479%	1h	0.7730	−0.021%	$3K	—	20x	as long as short
01 Exchange APTUSD	+0.2536%	1h	0.7822	+1.168%	$2K	—	5x	as long as short