Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against MEXC−6.067%85s7-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 −$2 a day on $10k at the current rate, and Injective is 6.067% cheaper against MEXC than usual: you would sell low and buy high (−$607 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 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 | MEXC APE_USDT | 0.1467 | 0.0100 | pay 0.0100% / 8h | 1h 47m | $4.2M | $870K | 50x |
| Short | Injective APE/USDC PERP | 0.1378 | 0.0033 | get 0.0004% / 1h | 47m 43s | $1K | $12K | 5.5x |
Funding 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: −6.067% → 0.000%
- −$606.68
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$620.7
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; 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 MEXC live order book, 5 min ago | 3.41 bp | 5.7 bp −$6 | 29.3 bp −$293 | 176.7 bp −$17.7K | 229.3 bp −$114.6K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 0.1467 | −0.018% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.812% | — | — | — | as long as short |
| Injective APE/USDC PERPshort | +0.0033% | 1h | 0.1378 | −6.067% | $1K | $12K | 5.5x | |
| BloFin APE-USDT | +0.0073% | 8h | 0.1469 | +0.136% | $217K | $59K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1471 | +0.286% | $1.3M | $388K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1470 | +0.193% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1470 | +0.210% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1469 | +0.123% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1469 | +0.150% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1468 | +0.068% | $635K | $314K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDTlong | +0.0100% | 8h | 0.1467 | long leg | $4.2M | $870K | 50x | |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1467 | 0.000% | $1.8M | $3.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1469 | +0.136% | $2.1M | $611K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1469 | +0.136% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | −0.016% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | −0.027% | $8K | $208K | 10x | as long as short |
| dYdX APE-USD | +0.0136% | 1h | 0.1468 | +0.097% | $9K | — | 5x | as long as short |
| Kraken Futures PF_APEUSD | +0.0185% | 1h | 0.1468 | +0.100% | $400K | $663K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0432% | 1h | 0.1468 | +0.068% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1477 | +0.682% | $100K | $8K | 25x | as long as short |
MEXC APE_USDT
Injective APE/USDC PERP
GMX APE/USD [APE-USDC]
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX