Funding you earn now, next payment 23:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.060%
Price spread now: Deribit against SunX+0.333%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$3063.063% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 3 days (all we have)−0.265%−$26 · spread now +0.333%, 7d avg +0.163%
=The price spread pays, funding is against you. Deribit is 0.170% dearer against SunX than usual: you sell high and buy low (spread +0.333% now, against its 7-day average of +0.163%): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.237% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.237% in total (about -13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX APT-USDT | 0.7808 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $6K | $1.4M | 20x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7834 | −0.0260 | pay 0.0032% / 1h | 31m 59s | $7K | $372K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- −$75.6
- Price spread: +0.333% → +0.163%
- $17.04
- Slippage, 4 orders
- −$291.34
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$364.9
- Costs to cover
- 3.063%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Deribit: live order book, 52 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 SunX live order book, 3 min ago | 65.32 bp | 136.0 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 52 min ago | 7.66 bp | 11.2 bp −$11 | 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 | −0.0464% | 1h | 0.7825 | +0.218% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0424% | 1h | 0.7835 | +0.339% | $540K | $633K | 50x | as long as short |
| Deribit APT_USDC-PERPETUALshort | −0.0260% | 1h | 0.7834 | +0.333% | $7K | $372K | 50x | |
| Variational Omni APT | −0.0082% | 8h | 0.7844 | +0.456% | $615K | $224K | — | as long as short |
| Injective APT/USDC PERP | −0.0033% | 1h | 0.7780 | −0.359% | $2K | $241K | 12x | as long as short |
| Orderly PERP_APT_USDC | −0.0023% | 8h | 0.7833 | +0.320% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7832 | +0.307% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7830 | +0.282% | $429K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7840 | +0.410% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7837 | +0.371% | $305K | $464K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7831 | +0.300% | $28.8M | $97.3M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7835 | +0.346% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7840 | +0.410% | $6.2M | $23.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7829 | +0.269% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7830 | +0.282% | $27.9M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7830 | +0.282% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7832 | +0.307% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7830 | +0.282% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7836 | +0.359% | $199K | $365K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7830 | +0.282% | $65K | $569K | 50x | as long as short |
| SunX APT-USDTlong | +0.0100% | 8h | 0.7808 | long leg | $6K | $1.4M | 20x | |
| SoDEX APT-USD | +0.0100% | 1h | 0.7831 | +0.295% | $68 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7835 | +0.346% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7837 | +0.374% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7830 | +0.282% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7834 | +0.338% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7832 | +0.307% | $1.5M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7845 | +0.474% | $208K | $557K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0467% | 1h | 0.7826 | +0.227% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0749% | 1h | 0.7829 | +0.269% | $55K | $5K | 10x | as long as short |
SunX APT-USDT
Deribit APT_USDC-PERPETUAL
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Injective APT/USDC PERP
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX