Funding you earn now, next payment 00:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.348%
Price spread now: Injective against BloFin−3.330%7-day average −0.340% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days−0.545%−$54 on $10k
+Price spread, last 3 days (all we have)+2.821%+$282 · spread now −3.330%, 7d avg −0.340%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 2.990% cheaper against BloFin than usual: you would sell low and buy high (−$299 if the spread goes back to its 7-day average of −0.340%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APT-USDT | 0.8048 | 0.0220 | pay 0.0220% / 8h | 24m 51s | $1.5M | $832K | 75x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 24m 51s | $2K | $241K | 12x |
BloFin APT-USDT
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$39.2
- Price spread: −3.330% → −0.340%
- −$299.03
- Slippage, 4 orders
- −$99.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$449.35
- Costs to cover
- 1.111%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Injective: live order book, 54 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 BloFin live order book, 3 min ago | 0.62 bp | 10.3 bp −$10 | 18.1 bp −$181 | 52.9 bp −$5,292 | doesn't fit |
| Sell Injective live order book, 54 min ago | 44.61 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0395% | 1h | 0.8055 | +0.082% | $557K | $640K | 50x | as long as short |
| Variational Omni APT | −0.0032% | 8h | 0.8013 | −0.440% | $523K | $320K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0009% | 8h | 0.8052 | +0.050% | $11K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.8048 | −0.005% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.8050 | +0.025% | $14K | $415K | 50x | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | −3.330% | $2K | $241K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.8051 | +0.037% | $432K | $388K | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.8058 | +0.124% | $314K | $477K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.8066 | +0.226% | $30.3M | $100.2M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.8062 | +0.174% | $30.0M | $36.9M | 50x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.8054 | +0.075% | $6.4M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.8065 | +0.211% | $2.8M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.8064 | +0.199% | $29.5M | $14.8M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.8064 | +0.199% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.8062 | +0.174% | $9.1M | $12.7M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.8065 | +0.211% | — | $6.5M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7990 | −0.721% | $67K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.8035 | −0.162% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.8048 | 0.000% | $57 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.8045 | −0.037% | $271K | $140K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.8057 | +0.111% | $86K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.8049 | +0.013% | $25K | — | 3x | as long as short |
| Hyperliquid APT | +0.0133% | 1h | 0.8071 | +0.286% | $6.4M | $5.6M | 10x | as long as short |
| Backpack APT_USDC_PERP | +0.0146% | 1h | 0.8066 | +0.224% | $204K | $369K | 20x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0191% / S −0.0143% | 1h | 0.8051 | +0.040% | $18K | — | 100x | as long as short |
| BloFin APT-USDTlong | +0.0220% | 8h | 0.8048 | long leg | $1.5M | $832K | 75x | |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.8054 | +0.075% | $215K | $580K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0471% | 1h | 0.8039 | −0.113% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0977% | 1h | 0.8041 | −0.091% | $56K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.1160% | 1h | 0.8174 | +1.566% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Hyperliquid APT
Backpack APT_USDC_PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD