Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.169%
Price spread now: Injective against OKX+0.219%7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days−0.378%−$38 on $10k
+Price spread, last 4 days (all we have)+2.787%+$279 · spread now +0.219%, 7d avg −0.094%
=The price spread pays, funding is against you. Injective is 0.313% dearer against OKX than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of −0.094%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.378% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APT-USDT-SWAP | 0.7763 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $5.7M | $22.8M | 50x |
| Short | Injective APT/USDC PERP | 0.7780 | 0.0033 | get 0.0004% / 1h | 0m 31s | $2K | $240K | 12x |
OKX APT-USDT-SWAP
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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: +0.219% → −0.094%
- $31.33
- Slippage, 4 orders
- −$118.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$111.63
- Costs to cover
- 1.290%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Injective: live order book, 33 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 OKX live order book, 3 min ago | 0.64 bp | 14.2 bp −$14 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Injective live order book, 33 min ago | 52.02 bp | 52.0 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0090% | 8h | 0.7755 | −0.102% | $496K | $411K | — | as long as short |
| Bybit APTUSDT | −0.0050% | 8h | 0.7761 | −0.026% | $27.6M | $35.2M | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7772 | +0.122% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7767 | +0.052% | $20K | $586K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0013% | 8h | 0.7767 | +0.052% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERPshort | +0.0033% | 1h | 0.7780 | +0.219% | $2K | $240K | 12x | |
| Lighter APT | +0.0096% | 1h | 0.7763 | 0.000% | $414K | $416K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7771 | +0.103% | $5.1M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7770 | +0.090% | $91K | $868K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7765 | +0.026% | $28.2M | $90.9M | 75x | as long as short |
Variational Omni APT
Bybit APTUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAPlong | +0.0100% | 8h | 0.7763 | long leg | $5.7M | $22.8M | 50x | |
| Gate APT_USDT | +0.0100% | 8h | 0.7767 | +0.052% | $2.6M | $4.3M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7765 | +0.026% | $22.9M | $14.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7763 | 0.000% | $4.9M | $10.7M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7764 | +0.013% | $8.7M | $11.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7764 | +0.013% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7767 | +0.052% | $185K | $334K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | +0.219% | $59K | $584K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7752 | −0.142% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7765 | +0.026% | $86 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7770 | +0.090% | $256K | $157K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7761 | −0.022% | $81K | $637K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7765 | +0.026% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0136% / S −0.0090% | 1h | 0.7771 | +0.100% | $17K | — | 100x | as long as short |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7770 | +0.087% | $529K | $522K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7766 | +0.039% | $1.4M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7787 | +0.309% | $223K | $298K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0505% | 1h | 0.7763 | −0.004% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0923% | 1h | 0.7768 | +0.071% | $54K | $6K | 10x | as long as short |
| 01 Exchange APTUSD | +0.3400% | 1h | 0.7844 | +1.043% | $2K | — | 5x | as long as short |
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]
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD
01 Exchange APTUSD