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
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
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.
| 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 | 34m 33s | $1K | $12K | 5.5x |
| Short | GMX APE/USD [APE-USDC] | 0.1463 | L −0.0178% / S +0.0185% | pay 0.0023% / 1h | 34m 33s | $1K | — | 100x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC]short | L −0.0178% / S +0.0185% | 1h | 0.1463 | +6.202% | $1K | — | 100x | |
| dYdX APE-USD | 0.0000% | 1h | 0.1464 | +6.224% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −10.375% | — | — | — | as long as short |
| Injective APE/USDC PERPlong | +0.0033% | 1h | 0.1378 | long leg | $1K | $12K | 5.5x | |
| BloFin APE-USDT | +0.0095% | 8h | 0.1464 | +6.241% | $216K | $59K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1466 | +6.393% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1462 | +6.108% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1462 | +6.108% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1462 | +6.096% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | +6.139% | $1.3M | $1.5M | 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_USDT | +0.0100% | 8h | 0.1463 | +6.168% | $633K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1461 | +6.023% | $4.2M | $761K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1464 | +6.241% | $1.8M | $4.2M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | +6.168% | $2.1M | $607K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1462 | +6.096% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1464 | +6.227% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1462 | +6.080% | $4K | $213K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0357% | 1h | 0.1464 | +6.255% | $399K | $686K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1465 | +6.313% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1471 | +6.749% | $99K | $8K | 25x | as long as short |
Injective APE/USDC PERP
GMX APE/USD [APE-USDC]
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX