Funding you earn now, next payment 16:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against BingX−0.205%96s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.815% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.498%+$50 · spread now −0.205%, 7d avg +0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.208% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APE-USDT | 0.1466 | 0.0100 | pay 0.0100% / 8h | 7h 39m | — | $13.0M | — |
| Short | BloFin APE-USDT | 0.1463 | 0.0088 | get 0.0088% / 8h | 7h 39m | $216K | $59K | 75x |
BingX APE-USDT
BloFin APE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.59
- Price spread: −0.205% → +0.004%
- −$20.85
- Slippage, 4 orders
- −$59.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.91
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 17 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 BingX live order book, 14 min ago | 6.83 bp | 21.1 bp −$21 | 73.1 bp −$731 | 435.9 bp −$43.6K | doesn't fit |
| Sell BloFin live order book, 17 min ago | 3.41 bp | 15.0 bp −$15 | 32.9 bp −$329 | 271.7 bp −$27.2K | 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 | 0.1465 | −0.040% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1467 | +0.065% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.755% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.003% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDTshort | +0.0088% | 8h | 0.1463 | −0.205% | $216K | $59K | 75x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1468 | +0.109% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | +0.015% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1466 | 0.000% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1465 | −0.061% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1465 | −0.068% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance 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 | 0.1466 | −0.020% | $634K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1465 | −0.068% | $4.2M | $760K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1466 | 0.000% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | 0.000% | $2.1M | $608K | 25x | as long as short |
| BingX APE-USDTlong | +0.0100% | 8h | 0.1466 | long leg | — | $13.0M | — | |
| Variational Omni APE | +0.0100% | 8h | 0.1464 | −0.122% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1466 | −0.027% | $6K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0356% | 1h | 0.1466 | −0.023% | $401K | $692K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1465 | −0.068% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1471 | +0.341% | $99K | $8K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX