Funding you earn now, next payment 23:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.011%
Price spread now: Deribit against Binance+0.137%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.137% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1461 | 0.0100 | pay 0.0100% / 8h | 1h 54m | $4.1M | $6.1M | 50x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1463 | 0.0434 | get 0.0054% / 1h | 54m 06s | $11K | $18K | 25x |
Binance APEUSDT
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $70.14
- Price spread: +0.137% → 0.000%
- $13.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $66.83
- Costs to cover
- 0.170%
- Break-even
- 0.3 days
Slippage unknown: Binance: live order book, 14 min ago; Deribit: no order-book sample. Net counts fees only.
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, 14 min ago | 3.43 bp | 15.8 bp −$16 | 81.9 bp −$819 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.1461 | −0.005% | $410K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1462 | +0.062% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.468% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.681% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0084% | 8h | 0.1464 | +0.205% | $223K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1463 | +0.116% | $1.3M | $363K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1461 | −0.013% | $121K | $22K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1461 | long leg | $4.1M | $6.1M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1462 | +0.082% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1461 | +0.007% | $1.3M | $1.3M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1461 | 0.000% | $631K | $290K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1461 | 0.000% | $3.8M | $843K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1460 | −0.068% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | 0.000% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1462 | +0.068% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | −0.135% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | +0.120% | $4K | $220K | 10x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0434% | 1h | 0.1463 | +0.137% | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1470 | +0.616% | $99K | $7K | 25x | as long as short |
| dYdX APE-USD | +0.0937% | 1h | 0.1457 | −0.240% | $9K | $5 | 5x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX
dYdX APE-USD