Funding you earn now, next payment 22:00 UTC−0.0478%/8h= −52.4% APRnext payment −$0.60 per $10,000 · paid last 24h −0.441%
Price spread now: Injective against Reya−0.904%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Injective is 0.904% cheaper against Reya than usual: you would sell low and buy high (−$90 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya APTRUSDPERP | 0.7720 | 0.0462 | pay 0.0058% / 1h | 44m 24s | $3K | — | 20x |
| Short | Injective APT/USDC PERP | 0.7650 | −0.0016 | pay 0.0002% / 1h | 44m 24s | $2K | $169K | 12x |
Reya APTRUSDPERP
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Reya. 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
- −$100.4
- Price spread: −0.904% → 0.000%
- −$90.38
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$196.8
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Injective: live order book, 44 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 44 min ago | 45.07 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0568% | 1h | 0.7700 | −0.256% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0367% | 1h | 0.7711 | −0.110% | $531K | $608K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0139% | 1h | 0.7713 | −0.088% | $16K | $328K | 50x | as long as short |
| Variational Omni APT | −0.0116% | 8h | 0.7706 | −0.184% | $605K | $222K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0019% | 8h | 0.7712 | −0.101% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPshort | −0.0016% | 1h | 0.7650 | −0.904% | $2K | $169K | 12x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7720 | −0.002% | $21K | — | 150x | as long as short |
| Backpack APT_USDC_PERP | +0.0053% | 1h | 0.7717 | −0.036% | $195K | $365K | 20x | as long as short |
| Bybit APTUSDT | +0.0059% | 8h | 0.7712 | −0.101% | $28.7M | $35.3M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7710 | −0.127% | $423K | $343K | 10x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Backpack APT_USDC_PERP
Bybit APTUSDT
Lighter APTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid APT | +0.0100% | 1h | 0.7727 | +0.094% | $5.8M | $5.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7717 | −0.036% | $300K | $451K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7719 | −0.010% | $28.5M | $95.8M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7719 | −0.010% | $6.1M | $22.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7717 | −0.036% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7719 | −0.010% | $27.7M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7716 | −0.049% | $5.5M | $12.0M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7716 | −0.049% | $9.0M | $12.1M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7715 | −0.062% | — | $27.4M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7720 | +0.003% | $64K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7699 | −0.269% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7711 | −0.114% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7712 | −0.101% | $261K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7713 | −0.083% | $82K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7710 | −0.127% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7722 | +0.032% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7712 | −0.101% | $1.5M | $762K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7726 | +0.081% | $208K | $535K | 50x | as long as short |
| Reya APTRUSDPERPlong | +0.0462% | 1h | 0.7720 | long leg | $3K | — | 20x | |
| dYdX APT-USD | +0.0501% | 1h | 0.7719 | −0.011% | $54K | $5K | 10x | as long as short |
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
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
dYdX APT-USD