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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.041%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.041%, 7d avg −0.002%
Together, before fees+0.062%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APEUSDT0.14600.0100pay 0.0100% / 8h1h 52m$121K$22K10x
ShortBybit APEUSDT0.14590.0100get 0.0100% / 8h1h 52m$3.7M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$0
Price spread: −0.041% → −0.002%
−$3.96
Slippage, 4 orders
−$90.85
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$113.81
Costs to cover
1.098%
Break-even
never at this rate
Slippage from Aster: live order book, 29 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 29 min ago10.24 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.37 bp25.7 bp −$2654.8 bp −$548doesn't fitdoesn't fit

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−0.0429%1h0.1458−0.156%$409K$571K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1458−0.128%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.404%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.610%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0096%8h0.1464+0.281%$223K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1460+0.007%$1.3M$364K5xas long as short
Aster APEUSDTlong+0.0100%8h0.1460long leg$121K$22K10x
Binance APEUSDT+0.0100%8h0.1459−0.085%$4.1M$6.1M50xas long as short
Bybit APEUSDTshort+0.0100%8h0.1459−0.041%$3.7M$2.5M50x
OKX APE-USDT-SWAP+0.0100%8h0.1458−0.103%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1460+0.007%$630K$290K50xas long as short
MEXC APE_USDT+0.0100%8h0.1459−0.062%$3.8M$843K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1459−0.062%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1459−0.062%$2.1M$538K25xas long as short
BingX APE-USDT+0.0100%8h0.1460+0.007%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.060%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1459−0.094%$4K$220K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0436%1h0.1459−0.062%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1470+0.692%$99K$7K25xas long as short
dYdX APE-USD+0.1222%1h0.1457−0.165%$9K$55xas long as short