Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.286%
Price spread now: Injective against MEXC−0.116%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.116%, 7d avg −0.294%
=The price spread pays, funding is against you. Injective is 0.179% dearer against MEXC than usual: you sell high and buy low (spread −0.116% now, against its 7-day average of −0.294%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 7 days (−0.317% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APT_USDT | 0.7789 | 0.0100 | pay 0.0100% / 8h | 6h 30m | $29.6M | $15.4M | 200x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 30m 39s | $2K | $240K | 12x |
MEXC APT_USDT
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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: −0.116% → −0.294%
- $17.88
- Slippage, 4 orders
- −$94.32
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$90.46
- Costs to cover
- 0.943%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Injective: live order book, 38 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 MEXC live order book, 3 min ago | 0.65 bp | 1.8 bp −$2 | 14.9 bp −$149 | 69.3 bp −$6,934 | 91.4 bp −$45.7K |
| Sell Injective live order book, 38 min ago | 44.16 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
APT on 29 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 | 0.7776 | −0.167% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | 0.0000% | 8h | 0.7777 | −0.154% | $10K | $7K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7777 | −0.154% | $12K | $418K | 50x | as long as short |
| Variational Omni APT | +0.0003% | 8h | 0.7760 | −0.369% | $507K | $335K | — | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | −0.116% | $2K | $240K | 12x | |
| dYdX APT-USD | +0.0048% | 1h | 0.7790 | +0.010% | $55K | $6K | 10x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7780 | −0.116% | $417K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7788 | −0.013% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7781 | −0.103% | $118K | $934K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7789 | −0.001% | $28.8M | $106.3M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUAL
Variational Omni APT
dYdX APT-USD
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7788 | −0.013% | $28.3M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7792 | +0.039% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7780 | −0.116% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDTlong | +0.0100% | 8h | 0.7789 | long leg | $29.6M | $15.4M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7780 | −0.116% | $5.4M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7791 | +0.026% | $8.7M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7785 | −0.051% | — | $26.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7781 | −0.103% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | −0.629% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7765 | −0.308% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7774 | −0.193% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7775 | −0.180% | $261K | $126K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7782 | −0.096% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7778 | −0.146% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7771 | −0.226% | $530K | $643K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7776 | −0.161% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7770 | −0.244% | $204K | $535K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7777 | −0.152% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2656% | 1h | 0.7809 | +0.257% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate 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
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD