Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.246%
Price spread now: Binance against Injective−2.397%7-day average +0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)+1.741%+$174 · spread now −2.397%, 7d avg +0.245%
=Funding pays, the price is against you. Binance is 2.642% cheaper against Injective than usual: you would sell low and buy high (spread −2.397% now, against its 7-day average of +0.245%). If the spread goes back, that is −$264 on $10k: about 4 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.351% in total) that is about 53 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective APT/USDC PERP | 0.7780 | 0.0033 | pay 0.0004% / 1h | 2m 34s | $2K | $240K | 12x |
| Short | Binance APTUSDT | 0.7594 | 0.0100 | get 0.0100% / 8h | 3h 02m | $27.5M | $106.9M | 75x |
Injective APT/USDC PERP
Binance APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: −2.397% → +0.245%
- −$264.24
- Slippage, 4 orders
- −$130.04
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$390.3
- Costs to cover
- 1.401%
- Break-even
- 202.2 days
Slippage from Injective: live order book, 51 min ago; Binance: live order book, 10 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 Injective live order book, 51 min ago | 51.88 bp | 52.2 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.66 bp | 10.7 bp −$11 | 20.3 bp −$203 | 70.7 bp −$7,069 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7597 | −2.349% | $20K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7595 | −2.378% | $12K | $550K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7595 | −2.378% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0021% | 8h | 0.7604 | −2.260% | $508K | $416K | — | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7589 | −2.455% | $405K | $423K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7593 | −2.404% | $4.9M | $6.3M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7599 | −2.320% | $93K | $957K | 20x | as long as short |
| Binance APTUSDTshort | +0.0100% | 8h | 0.7594 | −2.397% | $27.5M | $106.9M | 75x | |
| Bybit APTUSDT | +0.0100% | 8h | 0.7591 | −2.429% | $27.0M | $40.5M | 50x | as long as short |
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Variational Omni APT
Lighter APT
Hyperliquid APT
Aster 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 | 0.7587 | −2.481% | $5.6M | $24.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7588 | −2.468% | $2.6M | $5.1M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7594 | −2.391% | $29.8M | $15.7M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7589 | −2.455% | $5.0M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7580 | −2.571% | $8.6M | $13.1M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7583 | −2.532% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7601 | −2.301% | $188K | $388K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7620 | −2.057% | $61K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7588 | −2.468% | $5K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7595 | −2.378% | $83 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7613 | −2.147% | $248K | $148K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7577 | −2.606% | $79K | $569K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7595 | −2.374% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7595 | −2.376% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7596 | −2.365% | $1.4M | $961K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0253% | 1h | 0.7597 | −2.351% | $527K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0312% | 1h | 0.7600 | −2.314% | $219K | $457K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0490% | 1h | 0.7597 | −2.355% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0763% | 1h | 0.7595 | −2.382% | $53K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5528% | 1h | 0.7749 | −0.398% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
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
Kraken Futures PF_APTUSD
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD