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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h
Price spread now: Injective against Reya+11.580%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 11.580% dearer against Reya than usual: you sell high and buy low: +$1,158 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APERUSDPERP0.12350get 0.0000% / 1h30m 53s
ShortInjective APE/USDC PERP0.13780.0033get 0.0004% / 1h30m 53s$1K$12K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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
$7
Price spread: +11.580% → 0.000%
$1,158.02
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,159
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: 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 Reya no order-book sample
Sell Injective no order-book sample
Reya 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 20 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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1460+18.183%$1K100xas long as short
Reya APERUSDPERPlong0.0000%1h0.1235long leg
Deribit APE_USDC-PERPETUAL0.0000%1h0.1460+18.220%$11K$18K25xas long as short
dYdX APE-USD+0.0016%1h0.1459+18.177%$9K$55xas long as short
Injective APE/USDC PERPshort+0.0033%1h0.1378+11.580%$1K$12K5.5x
Hyperliquid APE+0.0100%1h0.1462+18.341%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1459+18.174%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1460+18.220%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1461+18.293%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1461+18.269%$1.2M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1460+18.204%$629K$291K50xas long as short
MEXC APE_USDT+0.0100%8h0.1460+18.220%$3.8M$859K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1459+18.139%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1461+18.301%$2.1M$540K25xas long as short
BingX APE-USDT+0.0100%8h0.1460+18.220%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1460+18.212%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1460+18.205%$4K$220K10xas long as short
BloFin APE-USDT+0.0104%8h0.1458+18.058%$222K$47K75xas long as short
Kraken Futures PF_APEUSD+0.0155%1h0.1459+18.176%$409K$571K20xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1462+18.382%$99K$7K25xas long as short