Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.250%
Price spread now: Gate against Injective−2.224%7-day average +0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 4 days (all we have)+1.542%+$154 · spread now −2.224%, 7d avg +0.212%
=Funding pays, the price is against you. Gate is 2.436% cheaper against Injective than usual: you would sell low and buy high (spread −2.224% now, against its 7-day average of +0.212%). If the spread goes back, that is −$244 on $10k: about 4 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.357% in total) that is about 48 days.
| 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 | 8m 47s | $2K | $240K | 12x |
| Short | Gate APT_USDT | 0.7607 | 0.0100 | get 0.0100% / 8h | 3h 08m | $2.6M | $5.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $14
- Price spread: −2.224% → +0.212%
- −$243.6
- Slippage, 4 orders
- −$143.72
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$388.34
- Costs to cover
- 1.587%
- Break-even
- 201.2 days
Slippage from Injective: live order book, 45 min ago; Gate: live order book, 4 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, 45 min ago | 51.88 bp | 52.2 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.90 bp | 19.5 bp −$19 | 55.2 bp −$552 | 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 | 0.7611 | −2.167% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7610 | −2.185% | $4K | $540K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0016% | 8h | 0.7615 | −2.121% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0017% | 8h | 0.7609 | −2.197% | $508K | $416K | — | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7609 | −2.198% | $406K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7611 | −2.172% | $4.9M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7616 | −2.103% | $93K | $957K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7612 | −2.160% | $27.5M | $106.7M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7607 | −2.224% | $27.1M | $40.4M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7610 | −2.185% | $5.6M | $24.8M | 50x | as long as short |
| Gate APT_USDTshort | +0.0100% | 8h | 0.7607 | −2.224% | $2.6M | $5.1M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7618 | −2.082% | $29.9M | $15.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7602 | −2.288% | $5.0M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7613 | −2.147% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7608 | −2.211% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7607 | −2.224% | $171K | $389K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7630 | −1.928% | $61K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7601 | −2.301% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7606 | −2.237% | $83 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7644 | −1.748% | $249K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7607 | −2.220% | $82K | $503K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7606 | −2.233% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7613 | −2.144% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7606 | −2.237% | $1.4M | $962K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0252% | 1h | 0.7604 | −2.257% | $528K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7659 | −1.555% | $220K | $460K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0490% | 1h | 0.7609 | −2.201% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0753% | 1h | 0.7608 | −2.215% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5376% | 1h | 0.7765 | −0.193% | $2K | — | 5x | as long as short |
Injective APT/USDC PERP
Gate APT_USDT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
01 Exchange APTUSD