Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.304%
Price spread now: Injective against ApeX Omni−0.892%7-day average −0.319% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1481.481% of the position
Funding, last 7 days−0.410%−$41 on $10k
+Price spread, last 3 days (all we have)+1.019%+$102 · spread now −0.892%, 7d avg −0.319%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.573% cheaper against ApeX Omni than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of −0.319%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni APTUSDT | 0.7850 | 0.0100 | pay 0.0013% / 1h | 42m 32s | $64K | $573K | 50x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 42m 32s | $2K | $241K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. 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: −0.892% → −0.319%
- −$57.32
- Slippage, 4 orders
- −$138.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$219.43
- Costs to cover
- 1.481%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 30 min ago; Injective: live order book, 31 min ago.
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 ApeX Omni live order book, 30 min ago | 12.55 bp | 26.5 bp −$26 | 155.7 bp −$1,557 | doesn't fit | doesn't fit |
| Sell Injective live order book, 31 min ago | 49.94 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0028% | 8h | 0.7839 | −0.136% | $512K | $322K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0007% | 8h | 0.7860 | +0.127% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7857 | +0.096% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7862 | +0.153% | $13K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0005% | 1h | 0.7866 | +0.201% | $55K | $6K | 10x | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | −0.892% | $2K | $241K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7861 | +0.140% | $421K | $404K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7866 | +0.204% | $6.0M | $5.8M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7867 | +0.220% | $296K | $492K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7860 | +0.127% | $29.6M | $103.7M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7852 | +0.025% | $29.1M | $37.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7852 | +0.025% | $6.0M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7863 | +0.166% | $2.7M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7867 | +0.217% | $28.7M | $15.0M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7861 | +0.140% | $5.5M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7862 | +0.153% | $8.9M | $12.8M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7865 | +0.191% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7867 | +0.217% | $195K | $376K | 20x | as long as short |
| ApeX Omni APTUSDTlong | +0.0100% | 1h | 0.7850 | long leg | $64K | $573K | 50x | |
| SunX APT-USDT | +0.0100% | 8h | 0.7855 | +0.064% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7864 | +0.178% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7840 | −0.127% | $264K | $141K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7855 | +0.062% | $82K | $577K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7862 | +0.149% | $29K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7862 | +0.153% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7866 | +0.204% | $1.5M | $821K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0232% | 1h | 0.7858 | +0.102% | $208K | $572K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0473% | 1h | 0.7863 | +0.165% | $3K | — | 20x | as long as short |
| Kraken Futures PF_APTUSD | +0.0478% | 1h | 0.7875 | +0.318% | $540K | $647K | 50x | as long as short |
| 01 Exchange APTUSD | +0.3080% | 1h | 0.7881 | +0.395% | $2K | — | 5x | as long as short |
ApeX Omni APTUSDT
Injective APT/USDC PERP
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Kraken Futures PF_APTUSD
01 Exchange APTUSD