Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.193%
Price spread now: BingX against Injective−0.591%87s7-day average +0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1221.223% of the position
Funding, last 7 days+0.472%+$47 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.591%, 7d avg +0.190%
=Funding pays, the price is against you. BingX is 0.782% cheaper against Injective than usual: you would sell low and buy high (spread −0.591% now, against its 7-day average of +0.190%). If the spread goes back, that is −$78 on $10k: about 39 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.472% in total) that is about 12 days. The two prices were read 87 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 | Injective APT/USDC PERP | 0.7780 | 0.0033 | pay 0.0004% / 1h | 51m 50s | $2K | $240K | 12x |
| Short | BingX APT-USDC | 0.7734 | 0.0100 | get 0.0100% / 8h | 7h 51m | — | $6.5M | — |
Injective APT/USDC PERP
BingX APT-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.591% → +0.190%
- −$78.16
- Slippage, 4 orders
- −$112.24
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$186.42
- Costs to cover
- 1.223%
- Break-even
- 100.2 days
Slippage from Injective: live order book, 47 min ago; BingX: live order book, 14 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, 47 min ago | 45.60 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 1.30 bp | 15.8 bp −$16 | 40.2 bp −$402 | 257.0 bp −$25.7K | 676.5 bp −$338.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0059% | 8h | 0.7718 | −0.794% | $493K | $415K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7728 | −0.672% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7737 | −0.553% | $20K | $597K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0018% | 8h | 0.7736 | −0.566% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Bybit APTUSDT | +0.0077% | 8h | 0.7733 | −0.604% | $27.6M | $36.5M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7732 | −0.617% | $414K | $412K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7747 | −0.424% | $5.1M | $5.9M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7743 | −0.472% | $92K | $879K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7738 | −0.541% | $28.2M | $94.1M | 75x | as long as short |
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
Bybit APTUSDT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance 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 | 0.7734 | −0.591% | $5.8M | $23.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7737 | −0.553% | $2.6M | $4.2M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7740 | −0.514% | $31.5M | $13.3M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7735 | −0.578% | $4.8M | $10.9M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7736 | −0.566% | $8.7M | $11.7M | 75x | as long as short |
| BingX APT-USDCshort | +0.0100% | 8h | 0.7734 | −0.591% | — | $6.5M | — | |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7743 | −0.476% | $183K | $294K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7700 | −1.028% | $59K | $580K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7721 | −0.758% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7733 | −0.604% | $104 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7728 | −0.668% | $253K | $159K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7731 | −0.626% | $83K | $635K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7731 | −0.633% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7739 | −0.522% | $16K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7733 | −0.600% | $524K | $546K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7733 | −0.604% | $1.4M | $791K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7760 | −0.257% | $222K | $310K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0502% | 1h | 0.7741 | −0.503% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1002% | 1h | 0.7738 | −0.544% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3968% | 1h | 0.7879 | +1.272% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
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]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD