Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Gate−5.700%54s7-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 −$2 a day on $10k at the current rate, and Injective is 5.700% cheaper against Gate than usual: you would sell low and buy high (−$570 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | Gate APE_USDT | 0.1461 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $631K | $290K | 50x |
| Short | Injective APE/USDC PERP | 0.1378 | 0.0033 | get 0.0004% / 1h | 44m 13s | $1K | $12K | 5.5x |
Gate APE_USDT
Injective APE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: −5.700% → 0.000%
- −$570.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$599.06
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 37 min ago; Injective: 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 Gate live order book, 37 min ago | 8.19 bp | 20.3 bp −$20 | 227.8 bp −$2,278 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0428% | 1h | 0.1462 | +0.055% | $410K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1463 | +0.108% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.485% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1463 | +0.116% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERPshort | +0.0033% | 1h | 0.1378 | −5.700% | $1K | $12K | 5.5x | |
| BloFin APE-USDT | +0.0087% | 8h | 0.1457 | −0.294% | $222K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1464 | +0.219% | $1.3M | $364K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1463 | +0.105% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1463 | +0.116% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | +0.130% | $3.7M | $2.5M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | +0.130% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDTlong | +0.0100% | 8h | 0.1461 | long leg | $631K | $290K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1463 | +0.116% | $3.8M | $849K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1462 | +0.048% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | +0.116% | $2.1M | $527K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | +0.116% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.215% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1462 | +0.077% | $4K | $220K | 10x | as long as short |
| dYdX APE-USD | +0.0608% | 1h | 0.1461 | +0.001% | $9K | $5 | 5x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1470 | +0.595% | $99K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Coinbase International APE-PERP-INTX