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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h +0.013%
Price spread now: Deribit against BingX+0.068%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14770.0100pay 0.0100% / 8h5h 43m$13.1M
ShortDeribit APE_USDC-PERPETUAL0.14780.0427get 0.0053% / 1h43m 11s$11K$18K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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
$68.68
Price spread: +0.068% → 0.000%
$6.77
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$58.45
Costs to cover
0.170%
Break-even
1.0 days
Slippage unknown: BingX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago6.76 bp20.1 bp −$2072.8 bp −$728462.1 bp −$46.2Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSD−0.0178%1h0.1478+0.039%$409K$602K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1478+0.043%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.383%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.703%$1K$12K5.5xas long as short
dYdX APE-USD+0.0064%1h0.1473−0.274%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1481+0.271%$1.3M$373K5xas long as short
Aster APEUSDT+0.0100%8h0.1474−0.196%$123K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1478+0.050%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1477+0.027%$3.7M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1480+0.203%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1477−0.007%$636K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.14770.000%$4.3M$849K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1475−0.135%$1.8M$2.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1476−0.068%$2.1M$549K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1477long leg$13.1M
Variational Omni APE+0.0100%8h0.1471−0.410%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1477−0.001%$8K$203K10xas long as short
BloFin APE-USDT+0.0117%8h0.1478+0.068%$221K$54K75xas long as short
Deribit APE_USDC-PERPETUALshort+0.0427%1h0.1478+0.068%$11K$18K25x
Coinbase International APE-PERP-INTX+0.0880%1h0.1478+0.068%$99K$7K25xas long as short