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

APE

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotAPEUSDT
0.1081spotno funding——$675K1xBuy Binance Spot
SHORT
BinanceAPEUSDT
0.1078+0.0100get 0.0100% / 8h7h 44m$3.9M$7.2M50xShort Binance
Price gap−0.204%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.116% under its 7d average: −$12 if it goes back, about 3.9 days of funding. At the last 7 days' pace that is about 8.4 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10+0.0100% /8h now · paid +0.097% over the last 7D
Price−$12spread −0.204% now, avg −0.089% → −0.116% if it goes back
Costs−$1251.249% of $10k · taker + slippage, in and out
Result−$127−1.27%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.204%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APE on 16 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size30.7 / 22.8 bp
    At $10k entering Binance Spot costs 30.7 bp, fee and slippage, 1.3× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.204% vs −0.089%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$3.9M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0046%/8h × 21 periods+$9.67
Price spread−0.204% → −0.089% (7d avg)−$11.57
Slippage, 4 orderslive order books−$94.85
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$126.76
Costs to cover1.249%Break-even98.8 days
Slippage: Binance Spot: live order book, 15 min ago; Binance: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot4.7130.7 bp−$311484.5 bp−$14.8Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance4.7022.8 bp−$2373.7 bp−$737doesn’t fitdoesn’t fit

Closing costs about the same again.

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