Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Gate against Injective+6.016%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 6.016% dearer against Injective than usual: you sell high and buy low: +$602 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 APE/USDC PERP | 0.1378 | 0.0033 | pay 0.0004% / 1h | 32m 20s | $1K | $12K | 5.5x |
| Short | Gate APE_USDT | 0.1461 | 0.0100 | get 0.0100% / 8h | 1h 32m | $631K | $291K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +6.016% → 0.000%
- $601.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $600.58
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 49 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 49 min ago | 8.19 bp | 21.2 bp −$21 | 199.4 bp −$1,994 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APE on 20 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_APEUSD | −0.0428% | 1h | 0.1461 | +5.997% | $407K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1460 | +5.962% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −10.382% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1460 | +5.951% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERPlong | +0.0033% | 1h | 0.1378 | long leg | $1K | $12K | 5.5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1462 | +6.103% | $1.3M | $347K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | +5.987% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1461 | +5.999% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1460 | +5.965% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1461 | +5.987% | $1.3M | $1.3M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDTshort | +0.0100% | 8h | 0.1461 | +6.016% | $631K | $291K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1460 | +5.951% | $3.8M | $849K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1461 | +6.023% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | +6.023% | $2.1M | $528K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | +5.951% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1462 | +6.091% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1460 | +5.930% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDT | +0.0125% | 8h | 0.1463 | +6.168% | $221K | $48K | 75x | as long as short |
| dYdX APE-USD | +0.0363% | 1h | 0.1462 | +6.089% | $9K | $5 | 5x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1466 | +6.386% | $99K | $7K | 25x | as long as short |
Injective APE/USDC PERP
Gate APE_USDT
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX