Funding you earn now, next payment 03:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.175%
Price spread now: Injective against Kraken Futures+0.852%7-day average −0.326% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)−0.967%−$97 · spread now +0.852%, 7d avg −0.326%
=The price spread pays, funding is against you. Injective is 1.178% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.852% now, against its 7-day average of −0.326%): +$118 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7714 | 0.0257 | pay 0.0032% / 1h | 41m 14s | $528K | $626K | 50x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 41m 14s | $2K | $240K | 12x |
Kraken Futures PF_APTUSD
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- −$46.94
- Price spread: +0.852% → −0.326%
- $117.79
- Slippage, 4 orders
- −$141.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$80.22
- Costs to cover
- 1.511%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 22 min ago; Injective: live order book, 23 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 Kraken Futures live order book, 22 min ago | 7.77 bp | 41.6 bp −$42 | 88.2 bp −$882 | doesn't fit | doesn't fit |
| Sell Injective live order book, 23 min ago | 45.31 bp | 45.3 bp −$45 | 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 | 0.7719 | +0.061% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7718 | +0.048% | $17K | $428K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0006% | 8h | 0.7718 | +0.048% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0015% | 8h | 0.7700 | −0.183% | $498K | $310K | — | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | +0.852% | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7713 | −0.016% | $415K | $413K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7722 | +0.100% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7721 | +0.081% | $100K | $940K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7720 | +0.073% | $28.4M | $104.9M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7714 | −0.003% | $27.9M | $37.7M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
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 | 0.7713 | −0.016% | $5.8M | $24.5M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7720 | +0.074% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7720 | +0.074% | $29.2M | $15.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7717 | +0.035% | $5.2M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7714 | −0.003% | $8.5M | $12.5M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7718 | +0.048% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7728 | +0.178% | $194K | $373K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | +0.074% | $63K | $577K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7702 | −0.159% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7715 | +0.009% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7692 | −0.289% | $260K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7713 | −0.017% | $79K | $487K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7716 | +0.019% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7719 | +0.057% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7713 | −0.016% | $1.4M | $951K | 75x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0257% | 1h | 0.7714 | long leg | $528K | $626K | 50x | |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7717 | +0.035% | $203K | $530K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0481% | 1h | 0.7716 | +0.022% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1015% | 1h | 0.7713 | −0.022% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.4312% | 1h | 0.7805 | +1.176% | $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
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
01 Exchange APTUSD