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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against HTX+0.052%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$720.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−1.798%−$180 · spread now +0.052%, 7d avg −0.029%
Together, before fees−1.759%−$176 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.081% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX APT-USDT0.77350.0100pay 0.0100% / 8h2h 37m$261K$138K50x
ShortBackpack APT_USDC_PERP0.77390.0100get 0.0013% / 1h37m 12s$196K$365K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against HTX. 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
$0
Price spread: +0.052% → −0.029%
$8.06
Slippage, 4 orders
−$49.76
Fee HTX: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$63.71
Costs to cover
0.718%
Break-even
never at this rate
Slippage from HTX: live order book, 49 min ago; Backpack: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 49 min ago19.95 bp27.7 bp −$281980.0 bp −$19.8Kdoesn't fitdoesn't fit
Sell Backpack live order book, 51 min ago0.64 bp8.5 bp −$832.7 bp −$327doesn't fitdoesn't fit

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−0.0688%1h0.7718−0.220%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0366%1h0.7736+0.018%$533K$609K50xas long as short
Variational Omni APT−0.0116%8h0.7735−0.006%$606K$222Kas long as short
Orderly PERP_APT_USDC−0.0018%8h0.7732−0.039%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7650−1.099%$2K$169K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7733−0.026%$21K150xas long as short
Deribit APT_USDC-PERPETUAL+0.0008%1h0.7739+0.052%$23K$358K50xas long as short
Bybit APTUSDT+0.0075%8h0.7730−0.065%$28.7M$35.3M50xas long as short
Lighter APT+0.0096%1h0.7732−0.039%$423K$346K10xas long as short
Hyperliquid APT+0.0100%1h0.7741+0.078%$5.8M$5.1M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APTUSDT+0.0100%8h0.7728−0.092%$301K$450K20xas long as short
Binance APTUSDT+0.0100%8h0.7733−0.026%$28.5M$95.7M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7733−0.026%$6.1M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7732−0.039%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7739+0.052%$27.8M$14.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7732−0.039%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7737+0.026%$8.8M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7732−0.039%$6.5Mas long as short
Backpack APT_USDC_PERPshort+0.0100%1h0.7739+0.052%$196K$365K20x
ApeX Omni APTUSDT+0.0100%1h0.7740+0.065%$64K$576K50xas long as short
SunX APT-USDT+0.0100%8h0.7721−0.181%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7734−0.013%$55$6K5xas long as short
HTX APT-USDTlong+0.0100%8h0.7735long leg$261K$138K50x
Extended APT-USD+0.0104%1h0.7732−0.036%$82K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.77350.000%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7735−0.001%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7731−0.052%$1.5M$764K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7744+0.116%$209K$536K50xas long as short
Reya APTRUSDPERP+0.0463%1h0.7733−0.024%$3K20xas long as short
dYdX APT-USD+0.0505%1h0.7727−0.108%$54K$5K10xas long as short