Funding you earn now, next payment 11:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: GMX against SoDEX−0.159%185s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GMX is 0.159% cheaper against SoDEX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 185 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 | SoDEX APT-USD | 0.7545 | 0.0100 | pay 0.0013% / 1h | 7m 31s | $53 | $6K | 5x |
| Short | GMX APT/USD [ETH-USDC] | 0.7533 | L +0.0136% / S −0.0090% | get 0.0011% / 1h | 7m 31s | $16K | — | 100x |
SoDEX APT-USD
GMX APT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against SoDEX. 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
- −$2.19
- Price spread: −0.159% → 0.000%
- −$15.86
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$38.05
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; GMX: no order-book sample. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
SoDEX and GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | −0.0313% | 8h | 0.7540 | −0.066% | $26.1M | $36.2M | 50x | as long as short |
| Variational Omni APT | −0.0276% | 8h | 0.7528 | −0.230% | $531K | $453K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7548 | +0.042% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7548 | +0.040% | $22K | $603K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0005% | 8h | 0.7546 | +0.013% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +3.115% | $2K | $239K | 12x | as long as short |
| Kraken Futures PF_APTUSD | +0.0095% | 1h | 0.7550 | +0.065% | $506K | $491K | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7544 | −0.013% | $410K | $387K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7546 | +0.013% | $4.7M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7545 | +0.004% | $88K | $859K | 20x | as long as short |
Bybit APTUSDT
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Injective APT/USDC PERP
Kraken Futures PF_APTUSD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7543 | −0.027% | $27.4M | $90.5M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7543 | −0.027% | $5.7M | $22.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7545 | 0.000% | $2.5M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7540 | −0.066% | $22.2M | $12.9M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7546 | +0.013% | $5.0M | $10.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7543 | −0.027% | $8.6M | $11.5M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7545 | 0.000% | — | $50.6M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7550 | +0.066% | $169K | $369K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7550 | +0.066% | $58K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7534 | −0.146% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USDlong | +0.0100% | 1h | 0.7545 | long leg | $53 | $6K | 5x | |
| HTX APT-USDT | +0.0100% | 8h | 0.7542 | −0.040% | $249K | $156K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7541 | −0.058% | $79K | $630K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7545 | 0.000% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0136% / S −0.0090% | 1h | 0.7533 | −0.159% | $16K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7540 | −0.066% | $1.4M | $769K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7559 | +0.186% | $216K | $283K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0511% | 1h | 0.7544 | −0.016% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1045% | 1h | 0.7545 | −0.003% | $53K | $5K | 10x | as long as short |
| 01 Exchange APTUSD | +0.7952% | 1h | 0.7722 | +2.346% | $2K | — | 5x | as long as short |
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD