Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.024%
Price spread now: Binance against GMX−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.048% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APT/USD [ETH-USDC] | 0.7643 | L +0.0189% / S −0.0143% | pay 0.0024% / 1h | 43m 08s | $17K | — | 100x |
| Short | Binance APTUSDT | 0.7639 | 0.0100 | get 0.0100% / 8h | 4h 43m | $28.0M | $106.5M | 75x |
GMX APT/USD [ETH-USDC]
Binance APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- −$18.71
- Price spread: −0.048% → 0.000%
- −$4.77
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.48
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 15 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.65 bp | 10.1 bp −$10 | 25.8 bp −$258 | 86.5 bp −$8,646 | doesn't fit |
GMX: 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 30 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 | 0.7648 | +0.065% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7642 | −0.014% | $17K | $443K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7640 | −0.040% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.792% | $2K | $240K | 12x | as long as short |
| Variational Omni APT | +0.0036% | 8h | 0.7632 | −0.143% | $510K | $415K | — | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7638 | −0.066% | $408K | $421K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7643 | −0.001% | $5.2M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7646 | +0.043% | $98K | $961K | 20x | as long as short |
| Binance APTUSDTshort | +0.0100% | 8h | 0.7639 | −0.048% | $28.0M | $106.5M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7637 | −0.079% | $27.3M | $39.0M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7638 | −0.066% | $5.7M | $24.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7641 | −0.027% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7640 | −0.040% | $28.7M | $15.2M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7645 | +0.026% | $5.1M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7636 | −0.092% | $8.5M | $12.7M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7642 | −0.014% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7645 | +0.026% | $189K | $382K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | −0.040% | $61K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7630 | −0.171% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7642 | −0.014% | $63 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7653 | +0.130% | $259K | $118K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7635 | −0.108% | $83K | $483K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7640 | −0.040% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]long | L +0.0189% / S −0.0143% | 1h | 0.7643 | long leg | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7639 | −0.053% | $1.4M | $942K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0317% | 1h | 0.7637 | −0.076% | $528K | $641K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0328% | 1h | 0.7665 | +0.287% | $220K | $455K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0484% | 1h | 0.7641 | −0.020% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0517% | 1h | 0.7659 | +0.203% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5472% | 1h | 0.7776 | +1.739% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD