Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.015%
Price spread now: KuCoin against Injective+6.386%70s7-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 +$2 a day on $10k at the current rate, and KuCoin is 6.386% dearer against Injective than usual: you sell high and buy low: +$639 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 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 | 52m 08s | $1K | $12K | 5.5x |
| Short | KuCoin APEUSDTM | 0.1466 | 0.0100 | get 0.0100% / 8h | 52m 08s | $1.8M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14
- Price spread: +6.386% → 0.000%
- $638.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $640.59
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 min ago. 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 KuCoin live order book, 4 min ago | 6.84 bp | 46.2 bp −$46 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1467 | +6.443% | $1K | — | 100x | as long as short |
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1467 | +6.459% | $409K | $576K | 20x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1467 | +6.478% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −10.379% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1467 | +6.459% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERPlong | +0.0033% | 1h | 0.1378 | long leg | $1K | $12K | 5.5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1469 | +6.626% | $1.3M | $368K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | +6.484% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | +6.429% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1467 | +6.480% | $3.6M | $2.6M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | +6.437% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1468 | +6.502% | $633K | $291K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1466 | +6.386% | $4.1M | $922K | 50x | as long as short |
| KuCoin APEUSDTMshort | +0.0100% | 8h | 0.1466 | +6.386% | $1.8M | $2.0M | 50x | |
| Bitget APEUSDT | +0.0100% | 8h | 0.1467 | +6.459% | $2.1M | $539K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1468 | +6.531% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1463 | +6.187% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | +6.426% | $4K | $219K | 10x | as long as short |
| BloFin APE-USDT | +0.0115% | 8h | 0.1468 | +6.531% | $221K | $48K | 75x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +6.676% | $99K | $7K | 25x | as long as short |
Injective APE/USDC PERP
KuCoin APEUSDTM
GMX APE/USD [APE-USDC]
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX