Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.240%
Price spread now: Injective against HTX+2.544%65s7-day average −0.271% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1751.747% of the position
Funding, last 7 days−0.468%−$47 on $10k
+Price spread, last 4 days (all we have)−2.970%−$297 · spread now +2.544%, 7d avg −0.271%
=The price spread pays, funding is against you. Injective is 2.814% dearer against HTX than usual: you sell high and buy low (spread +2.544% now, against its 7-day average of −0.271%): +$281 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−0.468% in total) that is about 42 days. The two prices were read 65 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 | HTX APT-USDT | 0.7587 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $250K | $153K | 50x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 31m 48s | $2K | $240K | 12x |
HTX APT-USDT
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against HTX. 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: +2.544% → −0.271%
- $281.44
- Slippage, 4 orders
- −$162.69
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $92.73
- Costs to cover
- 1.747%
- Break-even
- from the start
Slippage from HTX: live order book, 15 min ago; Injective: live order book, 17 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 HTX live order book, 15 min ago | 15.15 bp | 46.6 bp −$47 | 3813.5 bp −$38.1K | doesn't fit | doesn't fit |
| Sell Injective live order book, 17 min ago | 45.96 bp | 46.0 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7559 | −0.374% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7555 | −0.422% | $12K | $570K | 50x | as long as short |
| Variational Omni APT | +0.0007% | 8h | 0.7588 | +0.017% | $506K | $416K | — | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7557 | −0.395% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | +2.544% | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7551 | −0.474% | $403K | $425K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7557 | −0.395% | $4.8M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7549 | −0.501% | $92K | $961K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7549 | −0.504% | $27.3M | $107.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7542 | −0.593% | $26.8M | $41.2M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7545 | −0.554% | $5.6M | $25.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7550 | −0.488% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7550 | −0.488% | $29.7M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7555 | −0.422% | $4.9M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7545 | −0.554% | $8.5M | $13.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7550 | −0.488% | — | $26.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7562 | −0.330% | $187K | $359K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7610 | +0.303% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7543 | −0.580% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7552 | −0.461% | $87 | $6K | 5x | as long as short |
| HTX APT-USDTlong | +0.0100% | 8h | 0.7587 | long leg | $250K | $153K | 50x | |
| Extended APT-USD | +0.0104% | 1h | 0.7545 | −0.551% | $80K | $581K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7553 | −0.443% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7555 | −0.422% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0219% | 1h | 0.7552 | −0.465% | $524K | $625K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7557 | −0.395% | $1.4M | $966K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7620 | +0.435% | $219K | $459K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0492% | 1h | 0.7553 | −0.453% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0750% | 1h | 0.7563 | −0.319% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.6752% | 1h | 0.7724 | +1.806% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD