Funding you earn now, next payment 04:00 UTC+0.0397%/8h= +43.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.038%
Price spread now: Deribit against Injective+6.749%63s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 6.749% dearer against Injective than usual: you sell high and buy low: +$675 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | Injective APE/USDC PERP | 0.1378 | 0.0033 | pay 0.0004% / 1h | 3m 20s | $1K | $12K | 5.5x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1471 | 0.0430 | get 0.0054% / 1h | 3m 20s | $11K | $18K | 25x |
Injective APE/USDC PERP
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- $83.36
- Price spread: +6.749% → 0.000%
- $674.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $751.23
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1470 | +6.655% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −10.374% | — | — | — | as long as short |
| Kraken Futures PF_APEUSD | +0.0011% | 1h | 0.1469 | +6.640% | $405K | $616K | 20x | as long as short |
| dYdX APE-USD | +0.0032% | 1h | 0.1469 | +6.618% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERPlong | +0.0033% | 1h | 0.1378 | long leg | $1K | $12K | 5.5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1472 | +6.851% | $1.3M | $366K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1470 | +6.680% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1471 | +6.742% | $4.1M | $6.7M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1470 | +6.691% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1471 | +6.720% | $1.3M | $1.4M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Kraken Futures PF_APEUSD
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1469 | +6.633% | $634K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1470 | +6.676% | $4.4M | $868K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1470 | +6.676% | $1.8M | $3.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1471 | +6.749% | $2.1M | $558K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1470 | +6.676% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1470 | +6.658% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1470 | +6.712% | $4K | $211K | 10x | as long as short |
| BloFin APE-USDT | +0.0114% | 8h | 0.1469 | +6.604% | $217K | $58K | 75x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0430% | 1h | 0.1471 | +6.749% | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0856% | 1h | 0.1473 | +6.894% | $99K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX