Funding you earn now, next payment 05:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.024%
Price spread now: KuCoin against GMX−0.132%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 −$1 a day on $10k at the current rate, and KuCoin is 0.132% cheaper against GMX than usual: you would sell low and buy high (−$13 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 +0.0136% / S −0.0090% | pay 0.0017% / 1h | 19m 30s | $16K | — | 100x |
| Short | KuCoin APTUSDTM | 0.7633 | 0.0100 | get 0.0100% / 8h | 3h 19m | $5.0M | $12.3M | 50x |
GMX APT/USD [ETH-USDC]
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$7.6
- Price spread: −0.132% → 0.000%
- −$13.18
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.78
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 2.62 bp | 40.1 bp −$40 | 74.0 bp −$740 | doesn't fit | 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 | 0.7640 | −0.040% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7641 | −0.027% | $7K | $535K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7638 | −0.066% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0026% | 8h | 0.7633 | −0.130% | $510K | $416K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.792% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7633 | −0.132% | $407K | $422K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7637 | −0.079% | $5.1M | $6.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7631 | −0.158% | $94K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7631 | −0.158% | $27.6M | $107.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7627 | −0.210% | $27.2M | $40.4M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance 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 | 0.7634 | −0.119% | $5.7M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7629 | −0.184% | $2.6M | $5.0M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7630 | −0.171% | $28.8M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7633 | −0.132% | $5.0M | $12.3M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7628 | −0.197% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7628 | −0.197% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7637 | −0.079% | $173K | $387K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7640 | −0.040% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7629 | −0.184% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7640 | −0.040% | $80 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7627 | −0.210% | $249K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7627 | −0.215% | $79K | $426K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7636 | −0.090% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]long | L +0.0136% / S −0.0090% | 1h | 0.7643 | long leg | $16K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7634 | −0.119% | $1.4M | $965K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0251% | 1h | 0.7644 | +0.011% | $532K | $631K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7648 | +0.065% | $220K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0489% | 1h | 0.7632 | −0.147% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0666% | 1h | 0.7640 | −0.040% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5192% | 1h | 0.7771 | +1.674% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
Bitget APTUSDT
BingX APT-USDC
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