Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.038%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.038%, 7d avg −0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1483 | 0.0100 | pay 0.0100% / 8h | 3h 33m | $4.1M | $6.8M | 50x |
| Short | Bybit APEUSDT | 0.1483 | 0.0100 | get 0.0100% / 8h | 3h 33m | $3.7M | $3.1M | 50x |
Binance APEUSDT
Bybit APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.038% → −0.029%
- −$0.97
- Slippage, 4 orders
- −$59.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.93
- Costs to cover
- 0.810%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 4 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, 6 min ago | 3.37 bp | 19.8 bp −$20 | 88.6 bp −$886 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.69 bp | 22.9 bp −$23 | 52.5 bp −$525 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1483 | −0.052% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.741% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −7.103% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1484 | +0.076% | $1.3M | $370K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1483 | −0.039% | $124K | $22K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1483 | long leg | $4.1M | $6.8M | 50x | |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1483 | −0.038% | $3.7M | $3.1M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1483 | −0.011% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1484 | +0.042% | $638K | $310K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1482 | −0.092% | $4.5M | $868K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1483 | −0.025% | $1.8M | $3.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1483 | −0.025% | $2.1M | $563K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1483 | −0.025% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1486 | +0.193% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1482 | −0.073% | $4K | $205K | 10x | as long as short |
| dYdX APE-USD | +0.0104% | 1h | 0.1484 | +0.060% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0192% | 8h | 0.1482 | −0.092% | $216K | $58K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0425% | 1h | 0.1483 | −0.025% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0880% | 1h | 0.1486 | +0.177% | $100K | $8K | 25x | as long as short |
| Kraken Futures PF_APEUSD | +0.0979% | 1h | 0.1483 | −0.035% | $403K | $641K | 20x | as long as short |
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX
Kraken Futures PF_APEUSD