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

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.086%
Price spread now: ApeX Omni against Kraken Futures+0.043%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−1.310%−$131 · spread now +0.043%, 7d avg −0.009%
Together, before fees−1.227%−$123 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: ApeX Omni is 0.052% dearer against Kraken Futures than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APTUSD0.75470.0095pay 0.0012% / 1h6m 49s$506K$491K50x
ShortApeX Omni APTUSDT0.75500.0100get 0.0013% / 1h6m 49s$58K$582K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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
$1.05
Price spread: +0.043% → −0.009%
$5.17
Slippage, 4 orders
−$90.71
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$104.49
Costs to cover
1.107%
Break-even
701.9 days
Slippage from Kraken Futures: live order book, 39 min ago; ApeX Omni: live order book, 39 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 Kraken Futures live order book, 39 min ago11.26 bp35.6 bp −$3687.1 bp −$871doesn't fitdoesn't fit
Sell ApeX Omni live order book, 39 min ago13.24 bp22.8 bp −$23194.1 bp −$1,941doesn't fitdoesn't fit

APT on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APTUSDT−0.0316%8h0.7551+0.056%$26.1M$36.2M50xas long as short
Variational Omni APT−0.0276%8h0.7528−0.253%$531K$453Kas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7548+0.018%$20K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7545−0.024%$22K$603K50xas long as short
Orderly PERP_APT_USDC+0.0005%8h0.7541−0.077%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+3.090%$2K$239K12xas long as short
Kraken Futures PF_APTUSDlong+0.0095%1h0.7547long leg$506K$491K50x
Lighter APT+0.0096%1h0.7550+0.043%$411K$388K10xas long as short
Hyperliquid APT+0.0100%1h0.7554+0.096%$4.7M$6.0M10xas long as short
Aster APTUSDT+0.0100%8h0.7551+0.057%$88K$859K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7554+0.090%$27.5M$90.5M75xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7546−0.010%$5.7M$22.6M50xas long as short
Gate APT_USDT+0.0100%8h0.7550+0.043%$2.5M$4.2M75xas long as short
MEXC APT_USDT+0.0100%8h0.7550+0.043%$22.2M$12.9M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7546−0.010%$5.0M$10.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7552+0.069%$8.6M$11.5M75xas long as short
BingX APT-USDT+0.0100%8h0.7550+0.043%$50.6Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7550+0.043%$169K$370K20xas long as short
ApeX Omni APTUSDTshort+0.0100%1h0.7550+0.043%$58K$582K50x
SunX APT-USDT+0.0100%8h0.7532−0.196%$5K$1.2M20xas long as short
SoDEX APT-USD+0.0100%1h0.7545−0.024%$53$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7553+0.082%$249K$156K50xas long as short
Extended APT-USD+0.0104%1h0.7544−0.032%$79K$630K25xas long as short
Aevo APT-PERP+0.0104%1h0.7545−0.024%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7550+0.046%$16K100xas long as short
BloFin APT-USDT+0.0220%8h0.7545−0.024%$1.4M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0320%1h0.7559+0.162%$216K$283K50xas long as short
Reya APTRUSDPERP+0.0511%1h0.7544−0.040%$3K20xas long as short
dYdX APT-USD+0.1071%1h0.7552+0.070%$53K$5K10xas long as short
01 Exchange APTUSD+0.7952%1h0.7722+2.322%$2K5xas long as short