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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.057%
Price spread now: Deribit against HTX−0.115%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$870.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now −0.115%, 7d avg −0.022%
Together, before fees−0.327%−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.093% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX APT-USDT0.78340.0100pay 0.0100% / 8h2h 24m$264K$137K50x
ShortDeribit APT_USDC-PERPETUAL0.7825−0.0133pay 0.0017% / 1h24m 38s$7K$382K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$48.93
Price spread: −0.115% → −0.022%
−$9.3
Slippage, 4 orders
−$67.65
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$144.87
Costs to cover
0.866%
Break-even
never at this rate
Slippage from HTX: live order book, 62 min ago; Deribit: live order book, 64 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, 62 min ago19.95 bp27.7 bp −$281980.0 bp −$19.8Kdoesn't fitdoesn't fit
Sell Deribit live order book, 64 min ago12.23 bp15.7 bp −$16doesn't fitdoesn'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−0.0552%1h0.7822−0.153%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0361%1h0.7824−0.130%$537K$616K50xas long as short
Deribit APT_USDC-PERPETUALshort−0.0133%1h0.7825−0.115%$7K$382K50x
Variational Omni APT−0.0099%8h0.7839+0.060%$614K$223Kas long as short
Orderly PERP_APT_USDC−0.0017%8h0.7826−0.102%$10K$7K10xas long as short
Injective APT/USDC PERP−0.0016%1h0.7780−0.689%$2K$200K12xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7828−0.075%$22K150xas long as short
Lighter APT+0.0096%1h0.7825−0.115%$428K$348K10xas long as short
Hyperliquid APT+0.0100%1h0.7835+0.013%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7834−0.002%$305K$454K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7825−0.113%$28.8M$96.2M75xas long as short
Bybit APTUSDT+0.0100%8h0.7823−0.140%$29.1M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7826−0.102%$6.2M$23.2M50xas long as short
Gate APT_USDT+0.0100%8h0.7825−0.115%$2.7M$4.6M75xas long as short
MEXC APT_USDT+0.0100%8h0.7826−0.102%$28.0M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7828−0.077%$5.6M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7826−0.102%$9.0M$12.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7826−0.102%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7829−0.064%$198K$363K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7830−0.051%$65K$571K50xas long as short
SunX APT-USDT+0.0100%8h0.7811−0.294%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7824−0.128%$56$6K5xas long as short
HTX APT-USDTlong+0.0100%8h0.7834long leg$264K$137K50x
Extended APT-USD+0.0104%1h0.7824−0.133%$84K$479K25xas long as short
Aevo APT-PERP+0.0104%1h0.7825−0.112%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7825−0.119%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7822−0.153%$1.5M$773K75xas long as short
Coinbase International APT-PERP-INTX+0.0280%1h0.7855+0.268%$210K$547K50xas long as short
Reya APTRUSDPERP+0.0464%1h0.7823−0.138%$3K20xas long as short
dYdX APT-USD+0.0674%1h0.7827−0.093%$55K$5K10xas long as short