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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h +0.066%
Price spread now: Injective against GMX−6.334%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 6.334% cheaper against GMX than usual: you would sell low and buy high (spread −6.334% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$633 on $10k: about 3 months of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1471L −0.0178% / S +0.0185%get 0.0022% / 1h5m 10s$1K100x
ShortInjective APE/USDC PERP0.13780.0033get 0.0004% / 1h5m 10s$1K$12K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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
$44.34
Price spread: −6.334% → 0.000%
−$633.43
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$601.12
Costs to cover
0.120%
Break-even
101.9 days
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX and 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 19 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
Kraken Futures PF_APEUSD−0.0224%1h0.1472+0.075%$408K$603K20xas long as short
GMX APE/USD [APE-USDC]longL −0.0178% / S +0.0185%1h0.1471long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.056%as long as short
dYdX APE-USD+0.0012%1h0.1470−0.050%$9K$55xas long as short
Injective APE/USDC PERPshort+0.0033%1h0.1378−6.334%$1K$12K5.5x
Hyperliquid APE+0.0100%1h0.1473+0.150%$1.3M$373K5xas long as short
Aster APEUSDT+0.0100%8h0.1472+0.046%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1472+0.022%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1472+0.041%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1471−0.040%$1.3M$1.4M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1471−0.006%$633K$311K50xas long as short
MEXC APE_USDT+0.0100%8h0.1471−0.013%$4.3M$901K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1471−0.013%$1.8M$2.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1472+0.055%$2.1M$561K25xas long as short
BingX APE-USDT+0.0100%8h0.1471−0.013%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1471−0.024%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1471−0.003%$4K$202K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0430%1h0.1471−0.013%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1474+0.191%$99K$7K25xas long as short