Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.269%
Price spread now: Deribit against Injective+1.620%7-day average +0.291% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs+$21as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 3 days (all we have)−1.222%−$122 · spread now +1.620%, 7d avg +0.291%
=The price spread pays, funding is against you. Deribit is 1.328% dearer against Injective than usual: you sell high and buy low (spread +1.620% now, against its 7-day average of +0.291%): +$133 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective APT/USDC PERP | 0.7780 | 0.0033 | pay 0.0004% / 1h | 58m 31s | $2K | $241K | 12x |
| Short | Deribit APT_USDC-PERPETUAL | 0.7906 | 0 | get 0.0000% / 1h | 58m 31s | $7K | $387K | 50x |
Injective APT/USDC PERP
Deribit APT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$7
- Price spread: +1.620% → +0.291%
- $132.81
- Slippage, 4 orders
- −$104.35
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $14.44
- Costs to cover
- 1.114%
- Break-even
- from the start
Slippage from Injective: live order book, 20 min ago; Deribit: live order book, 20 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 Injective live order book, 20 min ago | 44.61 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 20 min ago | 4.46 bp | 9.2 bp −$9 | 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 | −0.0808% | 1h | 0.7881 | +1.298% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0402% | 1h | 0.7907 | +1.630% | $546K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0063% | 8h | 0.7887 | +1.381% | $619K | $214K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0016% | 8h | 0.7904 | +1.594% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7910 | +1.666% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUALshort | 0.0000% | 1h | 0.7906 | +1.620% | $7K | $387K | 50x | |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $241K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7902 | +1.568% | $433K | $351K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7913 | +1.710% | $6.1M | $5.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7903 | +1.575% | $308K | $465K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
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 | 0.7908 | +1.639% | $29.3M | $97.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7902 | +1.568% | $29.6M | $35.6M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7900 | +1.542% | $6.3M | $23.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7902 | +1.568% | $2.8M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7901 | +1.555% | $28.6M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7894 | +1.465% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7905 | +1.607% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7902 | +1.568% | — | $25.2M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7908 | +1.645% | $198K | $370K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7890 | +1.414% | $66K | $570K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7892 | +1.440% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7905 | +1.607% | $75 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7900 | +1.542% | $267K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7901 | +1.558% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7900 | +1.540% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7911 | +1.685% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7904 | +1.594% | $1.5M | $801K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.7905 | +1.607% | $210K | $562K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0469% | 1h | 0.7900 | +1.549% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1416% | 1h | 0.7899 | +1.530% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
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
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