Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Deribit against OKX−0.116%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 3 days (all we have)+0.684%+$68 · spread now −0.116%, 7d avg +0.102%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.217% cheaper against OKX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.102%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APT-USDT-SWAP | 0.7779 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $5.8M | $24.9M | 50x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7770 | 0 | get 0.0000% / 1h | 19m 51s | $12K | $418K | 50x |
OKX APT-USDT-SWAP
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- −$21
- Price spread: −0.116% → +0.102%
- −$21.74
- Slippage, 4 orders
- −$35.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.22
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Deribit: live order book, 49 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 OKX live order book, 4 min ago | 0.64 bp | 13.5 bp −$14 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 49 min ago | 6.31 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
APT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7774 | −0.065% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7770 | −0.116% | $12K | $418K | 50x | |
| Orderly PERP_APT_USDC | +0.0001% | 8h | 0.7770 | −0.116% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0002% | 8h | 0.7781 | +0.026% | $507K | $335K | — | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.013% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7779 | 0.000% | $417K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7786 | +0.090% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7779 | +0.003% | $95K | $945K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7786 | +0.090% | $28.7M | $106.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7779 | 0.000% | $28.3M | $38.1M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAPlong | +0.0100% | 8h | 0.7779 | long leg | $5.8M | $24.9M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7781 | +0.026% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7789 | +0.129% | $29.7M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7785 | +0.077% | $5.3M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7781 | +0.026% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7784 | +0.064% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7779 | 0.000% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | +0.013% | $63K | $573K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7757 | −0.283% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7769 | −0.129% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7787 | +0.103% | $262K | $124K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7778 | −0.007% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7767 | −0.161% | $28K | $5K | 3x | as long as short |
| dYdX APT-USD | +0.0104% | 1h | 0.7778 | −0.013% | $54K | $6K | 10x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7771 | −0.098% | $530K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7777 | −0.026% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7809 | +0.386% | $205K | $538K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7767 | −0.161% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2184% | 1h | 0.7809 | +0.386% | $2K | — | 5x | as long as short |
Gate APT_USDT
MEXC 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
dYdX APT-USD
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD