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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Reya against Binance−15.760%45s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 15.760% cheaper against Binance than usual: you would sell low and buy high (−$1,576 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APEUSDT0.14660.0100pay 0.0100% / 8h7h 38m$4.1M$6.2M50x
ShortReya APERUSDPERP0.12350get 0.0000% / 1h38m 39s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Binance. 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
−$21
Price spread: −15.760% → 0.000%
−$1,575.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$1,612.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago3.41 bp16.8 bp −$1783.8 bp −$838doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSD−0.0212%1h0.1466+0.015%$408K$600K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1468+0.113%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1468+0.124%$9K$55xas long as short
Reya APERUSDPERPshort0.0000%1h0.1235−15.760%
Deribit APE_USDC-PERPETUAL0.0000%1h0.1467+0.068%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.003%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1467+0.068%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1466+0.028%$122K$22K10xas long as short
Binance APEUSDTlong+0.0100%8h0.1466long leg$4.1M$6.2M50x
Bybit APEUSDT+0.0100%8h0.1467+0.041%$3.6M$2.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1466+0.007%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1467+0.075%$626K$298K50xas long as short
MEXC APE_USDT+0.0100%8h0.1465−0.068%$4.3M$948K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.14660.000%$1.8M$2.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.14660.000%$2.1M$551K25xas long as short
BingX APE-USDT+0.0100%8h0.1467+0.068%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1471+0.336%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1466−0.024%$4K$247K10xas long as short
BloFin APE-USDT+0.0114%8h0.1467+0.068%$221K$49K75xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1475+0.614%$99K$7K25xas long as short