Funding you earn now, next payment 22:00 UTC−0.0405%/8h= −44.4% APRnext payment −$0.51 per $10,000 · paid last 24h −0.031%
Price spread now: Injective against Deribit−5.162%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Injective is 5.162% cheaper against Deribit than usual: you would sell low and buy high (−$516 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Deribit APE_USDC-PERPETUAL | 0.1453 | 0.0439 | pay 0.0055% / 1h | 4m 15s | $11K | $18K | 25x |
| Short | Injective APE/USDC PERP | 0.1378 | 0.0033 | get 0.0004% / 1h | 4m 15s | $1K | $12K | 5.5x |
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- −$85.13
- Price spread: −5.162% → 0.000%
- −$516.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$608.32
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Deribit and Injective: 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.
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1452 | −0.072% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.005% | — | — | — | as long as short |
| Injective APE/USDC PERPshort | +0.0033% | 1h | 0.1378 | −5.162% | $1K | $12K | 5.5x | |
| dYdX APE-USD | +0.0034% | 1h | 0.1453 | +0.032% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1454 | +0.048% | $1.3M | $370K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1453 | −0.006% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1453 | +0.006% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1453 | −0.021% | $3.6M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1454 | +0.041% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1453 | 0.000% | $627K | $292K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1452 | −0.069% | $3.8M | $872K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1451 | −0.138% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1453 | 0.000% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1452 | −0.069% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1454 | +0.095% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1452 | −0.057% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDT | +0.0115% | 8h | 0.1456 | +0.206% | $223K | $48K | 75x | as long as short |
| Kraken Futures PF_APEUSD | +0.0156% | 1h | 0.1452 | −0.059% | $407K | $571K | 20x | as long as short |
| Deribit APE_USDC-PERPETUALlong | +0.0439% | 1h | 0.1453 | long leg | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0648% | 1h | 0.1470 | +1.170% | $99K | $7K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD
Coinbase International APE-PERP-INTX