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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h
Price spread now: Reya against Injective−10.379%52s7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Reya is 10.379% cheaper against Injective than usual: you would sell low and buy high (−$1,038 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APE/USDC PERP0.13780.0033pay 0.0004% / 1h6m 24s$1K$12K5.5x
ShortReya APERUSDPERP0.12350get 0.0000% / 1h6m 24s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$7
Price spread: −10.379% → 0.000%
−$1,037.86
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
−$1,050.88
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Reya: 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 Reya no order-book sample
Injective and Reya: 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
Kraken Futures PF_APEUSD−0.0428%1h0.1460+5.945%$405K$574K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1459+5.866%$1K100xas long as short
Reya APERUSDPERPshort0.0000%1h0.1235−10.379%
Deribit APE_USDC-PERPETUAL0.0000%1h0.1459+5.878%$11K$18K25xas long as short
Injective APE/USDC PERPlong+0.0033%1h0.1378long leg$1K$12K5.5x
BloFin APE-USDT+0.0075%8h0.1455+5.588%$220K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1462+6.096%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1458+5.792%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1459+5.878%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1459+5.856%$3.6M$2.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1459+5.914%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1459+5.849%$630K$294K50xas long as short
MEXC APE_USDT+0.0100%8h0.1458+5.806%$3.7M$862K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1458+5.806%$1.8M$1.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1459+5.878%$2.1M$532K25xas long as short
BingX APE-USDT+0.0100%8h0.1459+5.878%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1459+5.853%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1458+5.836%$4K$220K10xas long as short
dYdX APE-USD+0.0258%1h0.1459+5.911%$9K$55xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1462+6.096%$98K$7K25xas long as short