APT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.046%

Price spread now: Variational Omni against Orderly−0.387%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.387% cheaper against Orderly than usual: you would sell low and buy high (spread −0.387% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 2 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_APT_USDC	0.7711	0.0017	pay 0.0017% / 8h	3h 54m	$10K	$7K	10x
Short	Variational Omni APT	0.7681	0.0034	get 0.0034% / 8h	3h 54m	$512K	$415K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee Variational OmnibpOrdersPrice spread, now −0.387%Rate

Funding earned: $3.68
Price spread: −0.387% → 0.000%: −$38.7
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$41.02
Costs to cover: 0.060%
Break-even: 84.9 days

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 64 min ago	3.91 bp	doesn't fit	16.9 bp −$169	doesn't fit	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) APT/USD	L −0.0004% / S +0.0005%	1h	0.7712	+0.014%	$21K	—	150x	as long as short
Orderly PERP_APT_USDClong	+0.0017%	8h	0.7711	long leg	$10K	$7K	10x
Injective APT/USDC PERP	+0.0033%	1h	0.7780	+0.895%	$2K	$240K	12x	as long as short
Variational Omni APTshort	+0.0034%	8h	0.7681	−0.387%	$512K	$415K	—
Lighter APT	+0.0096%	1h	0.7716	+0.065%	$411K	$421K	10x	as long as short
Hyperliquid APT	+0.0100%	1h	0.7722	+0.143%	$5.3M	$6.1M	10x	as long as short
Aster APTUSDT	+0.0100%	8h	0.7714	+0.039%	$97K	$962K	20x	as long as short
Binance APTUSDT	+0.0100%	8h	0.7720	+0.117%	$28.2M	$106.7M	75x	as long as short
Bybit APTUSDT	+0.0100%	8h	0.7716	+0.065%	$27.4M	$39.6M	50x	as long as short
OKX APT-USDT-SWAP	+0.0100%	8h	0.7717	+0.078%	$5.7M	$25.0M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate APT_USDT	+0.0100%	8h	0.7715	+0.052%	$2.6M	$4.9M	75x	as long as short
MEXC APT_USDT	+0.0100%	8h	0.7719	+0.104%	$28.9M	$14.9M	200x	as long as short
KuCoin APTUSDTM	+0.0100%	8h	0.7720	+0.117%	$5.1M	$12.4M	50x	as long as short
Bitget APTUSDT	+0.0100%	8h	0.7717	+0.078%	$8.6M	$12.9M	75x	as long as short
BingX APT-USDC	+0.0100%	8h	0.7718	+0.091%	—	$6.5M	—	as long as short
Backpack APT_USDC_PERP	+0.0100%	1h	0.7725	+0.182%	$190K	$378K	20x	as long as short
ApeX Omni APTUSDT	+0.0100%	1h	0.7690	−0.272%	$61K	$580K	50x	as long as short
SunX APT-USDT	+0.0100%	8h	0.7693	−0.233%	$6K	$1.5M	20x	as long as short
SoDEX APT-USD	+0.0100%	1h	0.7718	+0.091%	$71	$6K	5x	as long as short
HTX APT-USDT	+0.0100%	8h	0.7683	−0.363%	$260K	$115K	50x	as long as short
Extended APT-USD	+0.0104%	1h	0.7712	+0.017%	$82K	$426K	25x	as long as short
Aevo APT-PERP	+0.0104%	1h	0.7709	−0.027%	$28K	$5K	3x	as long as short
GMX APT/USD [ETH-USDC]	L +0.0136% / S −0.0090%	1h	0.7713	+0.029%	$16K	—	100x	as long as short
Deribit APT_USDC-PERPETUAL	+0.0139%	1h	0.7717	+0.078%	$8K	$490K	50x	as long as short
BloFin APT-USDT	+0.0220%	8h	0.7721	+0.130%	$1.4M	$961K	75x	as long as short
Kraken Futures PF_APTUSD	+0.0249%	1h	0.7716	+0.067%	$536K	$640K	50x	as long as short
Coinbase International APT-PERP-INTX	+0.0312%	1h	0.7709	−0.026%	$222K	$458K	50x	as long as short
dYdX APT-USD	+0.0478%	1h	0.7689	−0.290%	$54K	$6K	10x	as long as short
Reya APTRUSDPERP	+0.0487%	1h	0.7710	−0.012%	$3K	—	20x	as long as short
01 Exchange APTUSD	+0.4312%	1h	0.7794	+1.076%	$2K	—	5x	as long as short