Funding you earn now, next payment 22:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.069%
Price spread now: Coinbase International against MEXC+0.280%51s7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.846% of the position
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 3 days (all we have)+0.913%+$91 · spread now +0.280%, 7d avg +0.152%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.128% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.152%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APT_USDT | 0.7848 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $28.3M | $14.6M | 200x |
| Short | Coinbase International APT-PERP-INTX | 0.7870 | 0.0288 | get 0.0036% / 1h | 18m 25s | $209K | $559K | 50x |
MEXC APT_USDT
Coinbase International APT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $39.48
- Price spread: +0.280% → +0.152%
- $12.79
- Slippage, 4 orders
- −$74.57
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.3
- Costs to cover
- 0.846%
- Break-even
- 12.7 days
Slippage from MEXC: live order book, 5 min ago; Coinbase International: live order book, 65 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 5 min ago | 0.64 bp | 3.5 bp −$4 | 11.1 bp −$111 | 59.6 bp −$5,960 | 81.8 bp −$40.9K |
| Sell Coinbase International live order book, 65 min ago | 12.13 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0424% | 1h | 0.7838 | −0.127% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7845 | −0.034% | $542K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0070% | 8h | 0.7849 | +0.007% | $615K | $214K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.866% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7845 | −0.038% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7850 | +0.020% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7845 | −0.038% | $7K | $386K | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7842 | −0.076% | $430K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7855 | +0.089% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7853 | +0.058% | $305K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7848 | +0.005% | $28.9M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7845 | −0.038% | $29.3M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7848 | 0.000% | $6.2M | $23.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7845 | −0.038% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDTlong | +0.0100% | 8h | 0.7848 | long leg | $28.3M | $14.6M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7845 | −0.038% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7843 | −0.064% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7846 | −0.025% | — | $25.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7849 | +0.013% | $198K | $366K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7850 | +0.025% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7832 | −0.204% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7843 | −0.064% | $76 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7848 | 0.000% | $265K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7845 | −0.042% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7845 | −0.044% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7850 | +0.022% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7849 | +0.013% | $1.5M | $787K | 75x | as long as short |
| Coinbase International APT-PERP-INTXshort | +0.0288% | 1h | 0.7870 | +0.280% | $209K | $559K | 50x | |
| Reya APTRUSDPERP | +0.0468% | 1h | 0.7847 | −0.008% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0783% | 1h | 0.7850 | +0.026% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Reya APTRUSDPERP
dYdX APT-USD