Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.502%−$50 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APT-USDT0.78080.0100pay 0.0100% / 8h1h 31m$6K$1.4M20x
ShortDeribit APT_USDC-PERPETUAL0.7834−0.0260pay 0.0032% / 1h31m 59s$7K$372K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago65.32 bp136.0 bp −$136doesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 52 min ago7.66 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

APT on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange APTUSD−0.0464%1h0.7825+0.218%$2K5xas long as short
Kraken Futures PF_APTUSD−0.0424%1h0.7835+0.339%$540K$633K50xas long as short
Deribit APT_USDC-PERPETUALshort−0.0260%1h0.7834+0.333%$7K$372K50x
Variational Omni APT−0.0082%8h0.7844+0.456%$615K$224Kas long as short
Injective APT/USDC PERP−0.0033%1h0.7780−0.359%$2K$241K12xas long as short
Orderly PERP_APT_USDC−0.0023%8h0.7833+0.320%$10K$7K10xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7832+0.307%$22K150xas long as short
Lighter APT+0.0096%1h0.7830+0.282%$429K$350K10xas long as short
Hyperliquid APT+0.0100%1h0.7840+0.410%$5.9M$5.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7837+0.371%$305K$464K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APTUSDT+0.0100%8h0.7831+0.300%$28.8M$97.3M75xas long as short
Bybit APTUSDT+0.0100%8h0.7835+0.346%$29.2M$35.3M50xas long as short
OKX APT-USDT-SWAP+0.0100%8h0.7840+0.410%$6.2M$23.5M50xas long as short
Gate APT_USDT+0.0100%8h0.7829+0.269%$2.7M$4.7M75xas long as short
MEXC APT_USDT+0.0100%8h0.7830+0.282%$27.9M$14.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7830+0.282%$5.5M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7832+0.307%$8.9M$12.3M75xas long as short
BingX APT-USDC+0.0100%8h0.7830+0.282%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7836+0.359%$199K$365K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7830+0.282%$65K$569K50xas long as short
SunX APT-USDTlong+0.0100%8h0.7808long leg$6K$1.4M20x
SoDEX APT-USD+0.0100%1h0.7831+0.295%$68$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7835+0.346%$264K$137K50xas long as short
Extended APT-USD+0.0104%1h0.7837+0.374%$84K$464K25xas long as short
Aevo APT-PERP+0.0104%1h0.7830+0.282%$24K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7834+0.338%$17K100xas long as short
BloFin APT-USDT+0.0220%8h0.7832+0.307%$1.5M$770K75xas long as short
Coinbase International APT-PERP-INTX+0.0288%1h0.7845+0.474%$208K$557K50xas long as short
Reya APTRUSDPERP+0.0467%1h0.7826+0.227%$3K20xas long as short
dYdX APT-USD+0.0749%1h0.7829+0.269%$55K$5K10xas long as short