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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.021%
Price spread now: BingX against GMX+0.026%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BingX is 0.026% dearer against GMX than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APT/USD [ETH-USDC]0.7866L +0.0190% / S −0.0143%pay 0.0024% / 1h28m 15s$17K100x
ShortBingX APT-USDC0.78680.0100get 0.0100% / 8h1h 28m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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
−$18.86
Price spread: +0.026% → 0.000%
$2.61
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.25
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell BingX live order book, 7 min ago1.28 bp15.4 bp −$1533.1 bp −$331249.5 bp −$24.9K662.9 bp −$331.4K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange APTUSD−0.0464%1h0.7862−0.050%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0423%1h0.7857−0.120%$542K$635K50xas long as short
Deribit APT_USDC-PERPETUAL−0.0258%1h0.7863−0.038%$11K$383K50xas long as short
Variational Omni APT−0.0075%8h0.7841−0.323%$614K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.093%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0023%8h0.7866+0.001%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7870+0.046%$22K150xas long as short
Lighter APT+0.0096%1h0.7859−0.088%$431K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7877+0.140%$5.9M$5.2M10xas long as short
Aster APTUSDT+0.0100%8h0.7871+0.058%$306K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7862−0.052%$29.0M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7857−0.114%$29.4M$35.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7849−0.215%$6.2M$23.6M50xas long as short
Gate APT_USDT+0.0100%8h0.7867+0.013%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7856−0.126%$28.0M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7867+0.013%$5.6M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7857−0.114%$8.9M$12.3M75xas long as short
BingX APT-USDCshort+0.0100%8h0.7868+0.026%$6.5M
Backpack APT_USDC_PERP+0.0100%1h0.7866+0.001%$198K$367K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7840−0.330%$65K$568K50xas long as short
SunX APT-USDT+0.0100%8h0.7858−0.101%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7860−0.076%$68$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7885+0.242%$266K$138K50xas long as short
Extended APT-USD+0.0104%1h0.7859−0.085%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7861−0.067%$24K3xas long as short
GMX APT/USD [ETH-USDC]longL +0.0190% / S −0.0143%1h0.7866long leg$17K100x
BloFin APT-USDT+0.0220%8h0.7861−0.063%$1.5M$773K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7870+0.051%$209K$559K50xas long as short
Reya APTRUSDPERP+0.0467%1h0.7872+0.082%$3K20xas long as short
dYdX APT-USD+0.0740%1h0.7870+0.051%$55K$5K10xas long as short