Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.344%
Price spread now: Injective against Bitget−1.633%51s7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 3 days (all we have)+2.985%+$299 · spread now −1.633%, 7d avg −0.215%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 1.418% cheaper against Bitget than usual: you would sell low and buy high (−$142 if the spread goes back to its 7-day average of −0.215%). Swap the legs. The two prices were read 51 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 | Bitget APTUSDT | 0.7777 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $8.9M | $12.2M | 75x |
| Short | Injective APT/USDC PERP | 0.7650 | −0.0016 | pay 0.0002% / 1h | 32m 21s | $2K | $169K | 12x |
Bitget APTUSDT
Injective APT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$24.28
- Price spread: −1.633% → −0.215%
- −$141.77
- Slippage, 4 orders
- −$105.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$283.77
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Injective: live order book, 56 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 Bitget live order book, 1 min ago | 1.93 bp | 15.8 bp −$16 | 22.2 bp −$222 | 76.2 bp −$7,617 | doesn't fit |
| Sell Injective live order book, 56 min ago | 45.07 bp | 45.1 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0624% | 1h | 0.7775 | −0.026% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0364% | 1h | 0.7778 | +0.010% | $535K | $611K | 50x | as long as short |
| Variational Omni APT | −0.0108% | 8h | 0.7729 | −0.614% | $606K | $222K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0018% | 8h | 0.7782 | +0.064% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPshort | −0.0016% | 1h | 0.7650 | −1.633% | $2K | $169K | 12x | |
| Deribit APT_USDC-PERPETUAL | −0.0007% | 1h | 0.7774 | −0.039% | $16K | $372K | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7787 | +0.130% | $21K | — | 150x | as long as short |
| Bybit APTUSDT | +0.0088% | 8h | 0.7779 | +0.026% | $28.9M | $35.3M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7771 | −0.077% | $425K | $346K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7789 | +0.154% | $5.9M | $5.1M | 10x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
Deribit APT_USDC-PERPETUAL
gTrade (Gains Network) APT/USD
Bybit APTUSDT
Lighter APT
Hyperliquid APTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APTUSDT | +0.0100% | 8h | 0.7773 | −0.045% | $303K | $449K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7781 | +0.055% | $28.7M | $95.8M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7782 | +0.064% | $6.1M | $23.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7777 | 0.000% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7779 | +0.026% | $27.9M | $14.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7779 | +0.026% | $5.6M | $12.1M | 50x | as long as short |
| Bitget APTUSDTlong | +0.0100% | 8h | 0.7777 | long leg | $8.9M | $12.2M | 75x | |
| BingX APT-USDC | +0.0100% | 8h | 0.7784 | +0.090% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7779 | +0.026% | $197K | $364K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7730 | −0.604% | $64K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7761 | −0.206% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7773 | −0.051% | $55 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7734 | −0.553% | $261K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7771 | −0.076% | $83K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7775 | −0.026% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0189% / S −0.0143% | 1h | 0.7785 | +0.100% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7773 | −0.051% | $1.5M | $768K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7789 | +0.154% | $210K | $540K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0463% | 1h | 0.7781 | +0.055% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0565% | 1h | 0.7775 | −0.030% | $54K | $5K | 10x | as long as short |
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
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]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD