Settings8H · net · $10k
Funding arb · Price arb /

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0218%/8h= −23.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.065%
Price spread now: GMX against Injective+6.202%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 6.202% dearer against Injective than usual: you sell high and buy low (spread +6.202% now, against zero (this spread has no 7-day history yet)): +$620 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APE/USDC PERP0.13780.0033pay 0.0004% / 1h34m 33s$1K$12K5.5x
ShortGMX APE/USD [APE-USDC]0.1463L −0.0178% / S +0.0185%pay 0.0023% / 1h34m 33s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$45.82
Price spread: +6.202% → 0.000%
$620.25
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$562.41
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GMX no order-book sample
Injective and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1463+6.202%$1K100x
dYdX APE-USD0.0000%1h0.1464+6.224%$9K5xas long as short
Reya APERUSDPERP0.0000%1h0.1235−10.375%as long as short
Injective APE/USDC PERPlong+0.0033%1h0.1378long leg$1K$12K5.5x
BloFin APE-USDT+0.0095%8h0.1464+6.241%$216K$59K75xas long as short
Hyperliquid APE+0.0100%1h0.1466+6.393%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1462+6.108%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1462+6.108%$4.1M$7.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1462+6.096%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1463+6.139%$1.3M$1.5M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1463+6.168%$633K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.1461+6.023%$4.2M$761K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1464+6.241%$1.8M$4.2M50xas long as short
Bitget APEUSDT+0.0100%8h0.1463+6.168%$2.1M$607K25xas long as short
BingX APE-USDT+0.0100%8h0.1462+6.096%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1464+6.227%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1462+6.080%$4K$213K10xas long as short
Kraken Futures PF_APEUSD+0.0357%1h0.1464+6.255%$399K$686K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1465+6.313%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1471+6.749%$99K$8K25xas long as short