APT arbitrage explained
Right now Aptos (APT) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.7474 and the highest bid on OKX spot at $0.7482.
The widest APT perpetual spread is between Variational and Binance: long APT on Variational at $0.7474 and short on Binance at $0.7477 for +0.04% gross, or -0.12% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.035% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best APT route is to buy spot on Binance and short the perpetual on Binance: -0.07% gross, -0.27% net, with +0.015% a day of funding on the short leg.
Spot–spot APT arbitrage (buy on Binance, withdraw, deposit and sell on OKX) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small APT gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: APT funding rates · APT spread charts · Aptos price · arbitrage scanner for all coins.