Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.036%
Price spread now: Injective against ApeX Omni−0.009%7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.009%, 7d avg +0.117%
=Funding pays, the price is against you. Injective is 0.125% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.117%). If the spread goes back, that is −$13 on $10k: about 3.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AAPLUSDT | 338.69 | 0.0100 | pay 0.0013% / 1h | 52m 24s | $946K | $11.0M | 50x |
| Short | Injective AAPL/USDC PERP | 338.66 | 0.0220 | get 0.0028% / 1h | 52m 24s | $191K | $44K | 30x |
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. 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
- $25.2
- Price spread: −0.009% → +0.117%
- −$12.54
- Slippage, 4 orders
- −$24.71
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$22.07
- Costs to cover
- 0.347%
- Break-even
- 13.1 days
Slippage from ApeX Omni: live order book, 7 min ago; Injective: live order book, 1 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 ApeX Omni live order book, 7 min ago | 2.21 bp | 7.2 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Injective live order book, 1 min ago | 9.89 bp | 9.9 bp −$10 | 9.9 bp −$99 | doesn't fit | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0911% | 4h | 338.79 | +0.030% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0311% | 1h | 338.56 | −0.038% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0121% | 1h | 338.72 | +0.010% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.75 | +0.017% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.75 | +0.017% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.82 | +0.038% | $21.9M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.77 | +0.024% | $5.9M | $54.8M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.87 | +0.053% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.61 | −0.024% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.94 | +0.074% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.83 | +0.043% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.81 | +0.035% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.85 | +0.047% | $569 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.089% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.98 | +0.086% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0013% | 8h | 338.86 | +0.050% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0030% | 1h | 338.80 | +0.032% | $3.2M | $4.5M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.72 | +0.009% | $782K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.72 | +0.009% | $944K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.72 | +0.009% | $266K | $65K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.66 | −0.009% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.66 | −0.009% | $40.5M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.68 | −0.003% | $278K | $405K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.70 | +0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.65 | −0.012% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 338.69 | 0.000% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | +0.027% | $659K | $652K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.57 | −0.035% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDTlong | +0.0100% | 1h | 338.69 | long leg | $946K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.71 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.74 | +0.014% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 338.66 | −0.009% | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0236% | 1h | 338.80 | +0.032% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL