Funding you earn now, next payment 23:00 UTC−0.0500%/8h= −54.8% APRnext payment −$0.63 per $10,000 · paid last 24h −0.427%
Price spread now: Injective against Reya−0.858%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 0.858% cheaper against Reya than usual: you would sell low and buy high (−$86 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya APTRUSDPERP | 0.7847 | 0.0468 | pay 0.0058% / 1h | 17m 57s | $3K | — | 20x |
| Short | Injective APT/USDC PERP | 0.7780 | −0.0033 | pay 0.0004% / 1h | 17m 57s | $2K | $241K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Reya. 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
- −$105.08
- Price spread: −0.858% → 0.000%
- −$85.84
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$196.94
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Injective: live order book, 1 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 Reya no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 1 min ago | 44.61 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
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.
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 | −0.0424% | 1h | 0.7838 | −0.119% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0423% | 1h | 0.7850 | +0.036% | $542K | $635K | 50x | as long as short |
| Variational Omni APT | −0.0070% | 8h | 0.7849 | +0.015% | $615K | $214K | — | as long as short |
| Injective APT/USDC PERPshort | −0.0033% | 1h | 0.7780 | −0.858% | $2K | $241K | 12x | |
| Orderly PERP_APT_USDC | −0.0021% | 8h | 0.7847 | −0.005% | $10K | $7K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7850 | +0.028% | $22K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7851 | +0.046% | $7K | $386K | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7846 | −0.017% | $430K | $350K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7852 | +0.059% | $5.9M | $5.2M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7853 | +0.072% | $305K | $464K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7847 | 0.000% | $28.9M | $97.4M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7842 | −0.068% | $29.3M | $35.5M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7845 | −0.030% | $6.2M | $23.7M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7846 | −0.017% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7849 | +0.021% | $28.3M | $14.6M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7844 | −0.043% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7845 | −0.030% | $8.9M | $12.3M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7846 | −0.017% | — | $25.0M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7853 | +0.072% | $198K | $366K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7850 | +0.034% | $65K | $568K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7836 | −0.145% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7850 | +0.034% | $72 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7848 | +0.008% | $265K | $138K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7844 | −0.037% | $84K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7847 | −0.009% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7853 | +0.066% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7849 | +0.021% | $1.5M | $787K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0288% | 1h | 0.7870 | +0.288% | $209K | $559K | 50x | as long as short |
| Reya APTRUSDPERPlong | +0.0468% | 1h | 0.7847 | long leg | $3K | — | 20x | |
| dYdX APT-USD | +0.0783% | 1h | 0.7850 | +0.034% | $55K | $5K | 10x | as long as short |
Injective APT/USDC PERP
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Variational Omni APT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX