Funding arb · Price arb /

APT

all APT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: SunX against gTrade (Gains Network)−0.119%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 SunX

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. SunX is 0.119% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 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	0.7698	L −0.0004% / S +0.0005%	get 0.0001% / 1h	53m 49s	$21K	—	150x
Short	SunX APT-USDT	0.7689	0.0100	get 0.0100% / 8h	5h 53m	$6K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.119%Rate

Funding earned: $21.85
Price spread: −0.119% → 0.000%: −$11.89
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$8.04
Costs to cover: 0.180%
Break-even: 9.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; SunX: 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 SunX live order book, 11 min ago	30.44 bp	113.0 bp −$113	doesn't fit	doesn't fit	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	0.7698	long leg	$21K	—	150x
Orderly PERP_APT_USDC	+0.0003%	8h	0.7702	+0.050%	$10K	$7K	10x	as long as short
Deribit APT_USDC-PERPETUAL	+0.0010%	1h	0.7707	+0.115%	$17K	$428K	50x	as long as short
Variational Omni APT	+0.0017%	8h	0.7756	+0.754%	$500K	$310K	—	as long as short
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+1.063%	$2K	$240K	12x	as long as short
Lighter APT	+0.0096%	1h	0.7699	+0.011%	$413K	$407K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7703	+0.063%	$5.4M	$6.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7696	−0.028%	$97K	$933K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7700	+0.019%	$28.3M	$105.2M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7693	−0.067%	$27.9M	$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	0.7693	−0.067%	$5.8M	$24.3M	50x	as long as short
Gate APT_USDT	+0.0100%	8h	0.7696	−0.028%	$2.6M	$4.8M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7699	+0.011%	$29.1M	$15.2M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7698	−0.002%	$5.3M	$12.2M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7694	−0.054%	$8.5M	$12.6M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7697	−0.015%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7699	+0.011%	$193K	$376K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7710	+0.154%	$63K	$576K	50x	as long as short
SunX APT-USDTshort	+0.0100%	8h	0.7689	−0.119%	$6K	$1.5M	20x
SoDEX APT-USD	+0.0100%	1h	0.7707	+0.115%	$54	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7728	+0.388%	$261K	$120K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7694	−0.048%	$79K	$491K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7705	+0.089%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0189% / S −0.0143%	1h	0.7701	+0.041%	$17K	—	100x	as long as short
Kraken Futures PF_APTUSD	+0.0257%	1h	0.7713	+0.191%	$526K	$633K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0320%	1h	0.7693	−0.067%	$202K	$529K	50x	as long as short
Reya APTRUSDPERP	+0.0480%	1h	0.7697	−0.021%	$3K	—	20x	as long as short
dYdX APT-USD	+0.0891%	1h	0.7698	−0.007%	$54K	$6K	10x	as long as short
01 Exchange APTUSD	+0.4048%	1h	0.7806	+1.401%	$2K	—	5x	as long as short