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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Aster+0.149%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.149%, 7d avg +0.099%
Together, before fees−0.015%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$1 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: Hyperliquid is 0.050% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster APEUSDT0.14630.0100pay 0.0100% / 8h1h 24m$122K$22K10x
ShortHyperliquid APE0.14650.0100get 0.0013% / 1h24m 45s$1.3M$347K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.149% → +0.099%
$4.97
Slippage, 4 orders
−$80.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$92.36
Costs to cover
0.973%
Break-even
never at this rate
Slippage from Aster: live order book, 56 min ago; Hyperliquid: live order book, 6 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, 56 min ago10.24 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.71 bp20.3 bp −$20doesn't fitdoesn'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−0.0428%1h0.1463−0.024%$407K$573K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1462−0.085%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.594%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.818%$1K$12K5.5xas long as short
Hyperliquid APEshort+0.0100%1h0.1465+0.149%$1.3M$347K5x
Aster APEUSDTlong+0.0100%8h0.1463long leg$122K$22K10x
Binance APEUSDT+0.0100%8h0.1464+0.041%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1463−0.009%$3.7M$2.6M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1463+0.019%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1462−0.077%$632K$291K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1463−0.009%$3.7M$855K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1462−0.077%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1463−0.009%$2.1M$528K25xas long as short
BingX APE-USDT+0.0100%8h0.1463−0.009%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1463−0.011%$7K$12Kas long as short
BloFin APE-USDT+0.0102%8h0.1460−0.214%$221K$48K75xas long as short
Extended APE-USD+0.0104%1h0.1463−0.012%$4K$220K10xas long as short
dYdX APE-USD+0.0326%1h0.1462−0.077%$9K$55xas long as short
Deribit APE_USDC-PERPETUAL+0.0434%1h0.1463−0.009%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1466+0.196%$99K$7K25xas long as short