Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.030%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 3 days (all we have)−0.076%−$8 · spread now −0.030%, 7d avg +0.008%
=Funding pays, the price is against you. BloFin is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.008%). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1459 | 0.0100 | pay 0.0100% / 8h | 1h 11m | $4.1M | $6.2M | 50x |
| Short | BloFin APE-USDT | 0.1459 | 0.0111 | get 0.0111% / 8h | 1h 11m | $221K | $48K | 75x |
Binance APEUSDT
BloFin APE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $2.21
- Price spread: −0.030% → +0.008%
- −$3.76
- Slippage, 4 orders
- −$52.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.22
- Costs to cover
- 0.747%
- Break-even
- 248.1 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 64 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 Binance live order book, 12 min ago | 3.42 bp | 17.6 bp −$18 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 6.84 bp | 25.7 bp −$26 | 56.5 bp −$565 | 306.4 bp −$30.6K | doesn't fit |
APE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0428% | 1h | 0.1460 | +0.027% | $405K | $574K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1459 | −0.030% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.379% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.580% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1462 | +0.183% | $1.3M | $367K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1459 | −0.015% | $121K | $22K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1459 | long leg | $4.1M | $6.2M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1459 | −0.016% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1459 | +0.005% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1460 | +0.039% | $631K | $293K | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.030% | $3.7M | $862K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1459 | −0.030% | $1.8M | $1.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | +0.107% | $2.1M | $531K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | +0.039% | — | $13.5M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1460 | +0.054% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1459 | −0.020% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDTshort | +0.0111% | 8h | 0.1459 | −0.030% | $221K | $48K | 75x | |
| dYdX APE-USD | +0.0284% | 1h | 0.1459 | −0.044% | $9K | $5 | 5x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1460 | +0.039% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1466 | +0.450% | $99K | $7K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX