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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Hyperliquid−0.096%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.096%, 7d avg −0.140%
Together, before fees+0.023%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$2 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: Extended is 0.044% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.78820.0100pay 0.0013% / 1h12m 39s$5.9M$5.2M10x
ShortExtended APT-USD0.78740.0104get 0.0013% / 1h12m 39s$84K$464K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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
$0.84
Price spread: −0.096% → −0.140%
$4.41
Slippage, 4 orders
−$33.17
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.92
Costs to cover
0.472%
Break-even
356.4 days
Slippage from Hyperliquid: live order book, 9 min ago; Extended: live order book, 5 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 Hyperliquid live order book, 9 min ago1.27 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago1.91 bp11.1 bp −$1171.3 bp −$713doesn'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−0.0464%1h0.7852−0.381%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0422%1h0.7864−0.235%$543K$635K50xas long as short
Variational Omni APT−0.0069%8h0.7851−0.399%$615K$214Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−1.294%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0019%8h0.7865−0.216%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7864−0.223%$22K150xas long as short
Deribit APT_USDC-PERPETUAL−0.0004%1h0.7865−0.216%$7K$387K50xas long as short
Lighter APT+0.0096%1h0.7874−0.101%$431K$351K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7882long leg$5.9M$5.2M10x
Aster APTUSDT+0.0100%8h0.7882+0.005%$306K$465K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7878−0.050%$29.0M$97.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7872−0.127%$29.4M$35.5M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7877−0.063%$6.2M$23.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7872−0.127%$2.8M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7875−0.089%$28.6M$14.6M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7871−0.140%$5.6M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7874−0.101%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7876−0.076%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7873−0.114%$198K$366K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7850−0.406%$65K$568K50xas long as short
SunX APT-USDT+0.0100%8h0.7847−0.444%$6K$1.4M20xas long as short
SoDEX APT-USD+0.0100%1h0.7864−0.228%$77$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7865−0.216%$266K$138K50xas long as short
Extended APT-USDshort+0.0104%1h0.7874−0.096%$84K$464K25x
Aevo APT-PERP+0.0104%1h0.7865−0.210%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0190% / S −0.0143%1h0.7864−0.231%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7862−0.254%$1.5M$789K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7885+0.038%$209K$560K50xas long as short
Reya APTRUSDPERP+0.0468%1h0.7861−0.266%$3K20xas long as short
dYdX APT-USD+0.0848%1h0.7868−0.178%$55K$5K10xas long as short