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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.189%
Price spread now: MEXC against Injective−0.193%7-day average +0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.417%+$42 on $10k
Price spread, last 4 days (all we have)−2.681%−$268 · spread now −0.193%, 7d avg +0.155%
Together, before fees−2.264%−$226 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.348% cheaper against Injective than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of +0.155%). If the spread goes back, that is −$35 on $10k: about 17 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.417% in total) that is about 5.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APT/USDC PERP0.77800.0033pay 0.0004% / 1h0m 36s$2K$240K12x
ShortMEXC APT_USDT0.77650.0100get 0.0100% / 8h7h 00m$22.9M$14.1M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Injective. 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
$14
Price spread: −0.193% → +0.155%
−$34.83
Slippage, 4 orders
−$111.68
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 0 bp × 2 orders
$0
Net
−$132.53
Costs to cover
1.117%
Break-even
73.3 days
Slippage from Injective: live order book, 33 min ago; MEXC: live order book, 3 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 Injective live order book, 33 min ago52.02 bp52.0 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.93 bp4.3 bp −$412.7 bp −$12762.3 bp −$6,22683.4 bp −$41.7K

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
Variational Omni APT−0.0090%8h0.7755−0.320%$496K$411Kas long as short
Bybit APTUSDT−0.0050%8h0.7761−0.244%$27.6M$35.2M50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7772−0.097%$21K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7767−0.167%$20K$586K50xas long as short
Orderly PERP_APT_USDC+0.0013%8h0.7767−0.167%$10K$6K10xas long as short
Injective APT/USDC PERPlong+0.0033%1h0.7780long leg$2K$240K12x
Lighter APT+0.0096%1h0.7763−0.219%$414K$416K10xas long as short
Hyperliquid APT+0.0100%1h0.7771−0.116%$5.1M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7770−0.129%$91K$868K20xas long as short
Binance APTUSDT+0.0100%8h0.7765−0.193%$28.2M$90.9M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7763−0.219%$5.7M$22.8M50xas long as short
Gate APT_USDT+0.0100%8h0.7767−0.167%$2.6M$4.3M75xas long as short
MEXC APT_USDTshort+0.0100%8h0.7765−0.193%$22.9M$14.1M200x
KuCoin APTUSDTM+0.0100%8h0.7763−0.219%$4.9M$10.7M50xas long as short
Bitget APTUSDT+0.0100%8h0.7764−0.206%$8.7M$11.2M75xas long as short
BingX APT-USDC+0.0100%8h0.7764−0.206%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7767−0.167%$185K$334K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.77800.000%$59K$584K50xas long as short
SunX APT-USDT+0.0100%8h0.7752−0.360%$6K$1.2M20xas long as short
SoDEX APT-USD+0.0100%1h0.7765−0.193%$86$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7770−0.129%$256K$157K50xas long as short
Extended APT-USD+0.0104%1h0.7761−0.240%$81K$637K25xas long as short
Aevo APT-PERP+0.0104%1h0.7765−0.193%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7771−0.119%$17K100xas long as short
Kraken Futures PF_APTUSD+0.0143%1h0.7770−0.132%$529K$522K50xas long as short
BloFin APT-USDT+0.0220%8h0.7766−0.180%$1.4M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0336%1h0.7787+0.090%$223K$298K50xas long as short
Reya APTRUSDPERP+0.0505%1h0.7763−0.223%$3K20xas long as short
dYdX APT-USD+0.0923%1h0.7768−0.148%$54K$6K10xas long as short
01 Exchange APTUSD+0.3400%1h0.7844+0.823%$2K5xas long as short