Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.190%
Price spread now: OKX against Injective−1.838%7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$1521.521% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+1.665%+$167 · spread now −1.838%, 7d avg +0.128%
=Funding pays, the price is against you. OKX is 1.966% cheaper against Injective than usual: you would sell low and buy high (spread −1.838% now, against its 7-day average of +0.128%). If the spread goes back, that is −$197 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.344% in total) that is about 40 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 36s | $2K | $240K | 12x |
| Short | OKX APT-USDT-SWAP | 0.7637 | 0.0100 | get 0.0100% / 8h | 1h 02m | $5.7M | $24.1M | 50x |
Injective APT/USDC PERP
OKX APT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.838% → +0.128%
- −$196.59
- Slippage, 4 orders
- −$142.03
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$334.64
- Costs to cover
- 1.521%
- Break-even
- 174.3 days
Slippage from Injective: live order book, 41 min ago; OKX: live order book, 1 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, 41 min ago | 52.29 bp | 58.0 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.65 bp | 13.5 bp −$13 | 41.8 bp −$418 | 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 | −0.0228% | 1h | 0.7645 | −1.738% | $522K | $609K | 50x | as long as short |
| Variational Omni APT | −0.0020% | 8h | 0.7670 | −1.412% | $491K | $421K | — | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7655 | −1.605% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7643 | −1.761% | $19K | $599K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0020% | 8h | 0.7642 | −1.774% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPlong | +0.0033% | 1h | 0.7780 | long leg | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7635 | −1.864% | $409K | $427K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7640 | −1.799% | $4.8M | $6.0M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7639 | −1.812% | $90K | $918K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7639 | −1.812% | $27.8M | $100.9M | 75x | as long as short |
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Orderly PERP_APT_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7636 | −1.851% | $27.3M | $39.0M | 50x | as long as short |
| OKX APT-USDT-SWAPshort | +0.0100% | 8h | 0.7637 | −1.838% | $5.7M | $24.1M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7636 | −1.851% | $2.6M | $4.8M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7637 | −1.838% | $30.5M | $15.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7633 | −1.889% | $4.9M | $11.7M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7636 | −1.851% | $8.6M | $12.4M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7636 | −1.851% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7644 | −1.748% | $173K | $309K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7670 | −1.414% | $62K | $581K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7637 | −1.838% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7641 | −1.787% | $86 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7677 | −1.324% | $252K | $181K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7635 | −1.866% | $80K | $551K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7643 | −1.755% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7643 | −1.760% | $16K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7646 | −1.722% | $1.4M | $799K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0360% | 1h | 0.7650 | −1.671% | $221K | $310K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0497% | 1h | 0.7645 | −1.738% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0924% | 1h | 0.7642 | −1.768% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.5104% | 1h | 0.7777 | −0.039% | $2K | — | 5x | as long as short |
Bybit APTUSDT
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
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD