Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.189%
Price spread now: KuCoin against Injective−0.283%7-day average +0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$1801.799% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 4 days (all we have)−2.738%−$274 · spread now −0.283%, 7d avg +0.124%
=Funding pays, the price is against you. KuCoin is 0.407% cheaper against Injective than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of +0.124%). If the spread goes back, that is −$41 on $10k: about 20 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.397% in total) that is about 7.2 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 | 22m 45s | $2K | $240K | 12x |
| Short | KuCoin APTUSDTM | 0.7758 | 0.0100 | get 0.0100% / 8h | 7h 22m | $4.9M | $10.7M | 50x |
Injective APT/USDC PERP
KuCoin APTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.283% → +0.124%
- −$40.66
- Slippage, 4 orders
- −$167.91
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$206.6
- Costs to cover
- 1.799%
- Break-even
- 110.3 days
Slippage from Injective: live order book, 11 min ago; KuCoin: live order book, 6 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, 11 min ago | 52.02 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.25 bp | 34.0 bp −$34 | 80.5 bp −$805 | 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 | −0.0074% | 8h | 0.7663 | −1.504% | $490K | $412K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7738 | −0.539% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7739 | −0.527% | $20K | $597K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7737 | −0.553% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Bybit APTUSDT | +0.0046% | 8h | 0.7756 | −0.308% | $27.5M | $35.8M | 50x | as long as short |
| Gate APT_USDT | +0.0082% | 8h | 0.7757 | −0.296% | $2.6M | $4.3M | 75x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7757 | −0.296% | $415K | $415K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7759 | −0.270% | $5.1M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7755 | −0.323% | $92K | $861K | 20x | as long as short |
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Bybit APTUSDT
Gate APT_USDT
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 | 0.7761 | −0.244% | $28.2M | $92.7M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7758 | −0.283% | $5.8M | $23.0M | 50x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7760 | −0.257% | $22.5M | $14.0M | 200x | as long as short |
| KuCoin APTUSDTMshort | +0.0100% | 8h | 0.7758 | −0.283% | $4.9M | $10.7M | 50x | |
| Bitget APTUSDT | +0.0100% | 8h | 0.7759 | −0.270% | $8.8M | $11.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7760 | −0.257% | — | $24.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7745 | −0.450% | $179K | $296K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7690 | −1.157% | $59K | $583K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7718 | −0.797% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7739 | −0.527% | $97 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7714 | −0.848% | $255K | $152K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7757 | −0.289% | $79K | $640K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7739 | −0.530% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7741 | −0.498% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7735 | −0.581% | $530K | $534K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7732 | −0.617% | $1.4M | $765K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7748 | −0.411% | $222K | $299K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0503% | 1h | 0.7735 | −0.574% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1039% | 1h | 0.7757 | −0.301% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3976% | 1h | 0.7793 | +0.167% | $2K | — | 5x | as long as short |
Binance APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
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]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD