Funding you earn now, next payment 23:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h −0.329%
Price spread now: Injective against Bitget−0.600%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1301.297% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 3 days (all we have)+1.324%+$132 · spread now −0.600%, 7d avg −0.213%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 0.387% cheaper against Bitget than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.213%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APTUSDT | 0.7827 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $8.9M | $12.2M | 75x |
| Short | Injective APT/USDC PERP | 0.7780 | −0.0033 | pay 0.0004% / 1h | 40m 49s | $2K | $241K | 12x |
Bitget APTUSDT
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$27.87
- Price spread: −0.600% → −0.213%
- −$38.72
- Slippage, 4 orders
- −$117.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$196.26
- Costs to cover
- 1.297%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Injective: live order book, 43 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 Bitget live order book, 3 min ago | 1.28 bp | 14.6 bp −$15 | 25.0 bp −$250 | 68.1 bp −$6,808 | doesn't fit |
| Sell Injective live order book, 43 min ago | 51.09 bp | 51.1 bp −$51 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0544% | 1h | 0.7839 | +0.153% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0424% | 1h | 0.7829 | +0.022% | $534K | $627K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0261% | 1h | 0.7831 | +0.051% | $7K | $372K | 50x | as long as short |
| Variational Omni APT | −0.0083% | 8h | 0.7793 | −0.437% | $611K | $224K | — | as long as short |
| Injective APT/USDC PERPshort | −0.0033% | 1h | 0.7780 | −0.600% | $2K | $241K | 12x | |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7834 | +0.089% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7840 | +0.161% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7828 | +0.013% | $429K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7837 | +0.128% | $5.9M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7834 | +0.089% | $304K | $464K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7832 | +0.064% | $28.9M | $97.0M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7829 | +0.026% | $29.2M | $35.3M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7832 | +0.064% | $6.2M | $23.4M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7832 | +0.064% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7830 | +0.038% | $27.9M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7832 | +0.064% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDTlong | +0.0100% | 8h | 0.7827 | long leg | $8.9M | $12.2M | 75x | |
| BingX APT-USDC | +0.0100% | 8h | 0.7830 | +0.038% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7832 | +0.064% | $200K | $361K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7820 | −0.089% | $65K | $567K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7825 | −0.026% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7828 | +0.013% | $64 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | +0.204% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7831 | +0.048% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7835 | +0.108% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7839 | +0.149% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7833 | +0.077% | $1.5M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7854 | +0.345% | $208K | $555K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0466% | 1h | 0.7835 | +0.108% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0618% | 1h | 0.7844 | +0.217% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD