Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

APE

All APE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AsterAPEUSDT
0.1091+0.0100pay 0.0100% / 8h6h 04m$107K$12K10xLong Aster≤10% back
SHORT
DeribitAPE_USDC-PERPETUAL
0.109100.0000% / 1h4m 48s$117K$210K25xShort Deribit
Price gap+0.013%
Funding gap−0.0100% /8h

The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 4.3 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$39−0.0100% /8h now · paid −0.394% over the last 7D
Price+$13spread +0.013% now, avg −0.116% → +0.129% if it goes back
Costs−$960.965% of $10k · taker + slippage, in and out
Result−$123−1.23%+ Points / potential airdropAster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.013%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APE on 16 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size38.3 / 13.7 bp
    At $10k entering Aster costs 38.3 bp, fee and slippage, 2.8× Deribit’s.
  • Note: Margin at max leverage$1,000 + $400
    Aster 10x, Deribit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$3.00Long Aster: 3 payments, −$3.00; short Deribit: 24 payments, $0.00.
  • OK: Entry gap works for you+0.013% vs −0.116%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$107K vs $117K OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · Deribit Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0188%/8h × 21 periods−$39.39
Price spread+0.013% → −0.116% (7d avg)+$12.92
Slippage, 4 orderslive order books−$81.48
Fee Aster bp × 2 orders−$8.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$122.94
Costs to cover0.965%Break-evennever at this rate
Slippage: Aster: live order book, 29 min ago; Deribit: live order book, 30 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster9.2338.3 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTDeribit9.6913.7 bp−$1430.3 bp−$303doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert