Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.271%
Price spread now: MEXC against Injective−0.617%7-day average +0.283% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days+0.327%+$33 on $10k
+Price spread, last 4 days (all we have)−2.257%−$226 · spread now −0.617%, 7d avg +0.283%
=Funding pays, the price is against you. MEXC is 0.900% cheaper against Injective than usual: you would sell low and buy high (spread −0.617% now, against its 7-day average of +0.283%). If the spread goes back, that is −$90 on $10k: about 45 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.327% in total) that is about 19 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 | 8m 55s | $2K | $240K | 12x |
| Short | MEXC APT_USDT | 0.7732 | 0.0100 | get 0.0100% / 8h | 5h 08m | $29.2M | $15.3M | 200x |
Injective APT/USDC PERP
MEXC APT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.617% → +0.283%
- −$90.02
- Slippage, 4 orders
- −$99.27
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$175.32
- Costs to cover
- 0.993%
- Break-even
- 94.7 days
Slippage from Injective: live order book, 55 min ago; MEXC: live order book, 5 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, 55 min ago | 45.31 bp | 45.3 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.64 bp | 5.8 bp −$6 | 18.3 bp −$183 | 69.3 bp −$6,932 | 81.9 bp −$40.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit APT_USDC-PERPETUAL | −0.0009% | 1h | 0.7732 | −0.617% | $17K | $428K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7736 | −0.566% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | +0.0011% | 8h | 0.7735 | −0.578% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0028% | 8h | 0.7754 | −0.334% | $517K | $415K | — | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7731 | −0.630% | $413K | $419K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7737 | −0.553% | $5.4M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7734 | −0.589% | $96K | $955K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7729 | −0.660% | $28.3M | $105.1M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7721 | −0.758% | $27.8M | $38.1M | 50x | as long as short |
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Lighter APT
Hyperliquid 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 | 0.7723 | −0.733% | $5.8M | $24.6M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7733 | −0.604% | $2.6M | $4.9M | 75x | as long as short |
| MEXC APT_USDTshort | +0.0100% | 8h | 0.7732 | −0.617% | $29.2M | $15.3M | 200x | |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7732 | −0.617% | $5.2M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7729 | −0.656% | $8.5M | $12.6M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7723 | −0.733% | — | $26.0M | — | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7760 | −0.257% | $63K | $578K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7720 | −0.771% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7733 | −0.604% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7757 | −0.296% | $262K | $117K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7726 | −0.695% | $84K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7735 | −0.584% | $28K | $5K | 3x | as long as short |
| Backpack APT_USDC_PERP | +0.0104% | 1h | 0.7735 | −0.578% | $194K | $376K | 20x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7733 | −0.602% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7731 | −0.630% | $1.4M | $953K | 75x | as long as short |
| Kraken Futures PF_APTUSD | +0.0256% | 1h | 0.7737 | −0.555% | $531K | $625K | 50x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0320% | 1h | 0.7756 | −0.308% | $223K | $494K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0483% | 1h | 0.7731 | −0.626% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1076% | 1h | 0.7744 | −0.463% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3472% | 1h | 0.7829 | +0.630% | $2K | — | 5x | as long as short |
OKX APT-USDT-SWAP
Gate APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Backpack APT_USDC_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