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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BingX0.000%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days+0.077%+$8 · spread now 0.000%, 7d avg +0.009%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14600.0100pay 0.0100% / 8h2h 31m$13.4M
ShortKuCoin APEUSDTM0.14600.0100get 0.0100% / 8h2h 31m$1.8M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: 0.000% → +0.009%
−$0.95
Slippage, 4 orders
−$122.86
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$145.81
Costs to cover
1.449%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 5 min ago.

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, 2 min ago6.85 bp20.3 bp −$2060.6 bp −$606482.2 bp −$48.2Kdoesn't fit
Sell KuCoin live order book, 5 min ago6.85 bp60.1 bp −$60154.3 bp −$1,543doesn't fitdoesn't fit

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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1460−0.032%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.412%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.14600.000%$11K$18K25xas long as short
dYdX APE-USD+0.0016%1h0.1459−0.036%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.616%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1462+0.110%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1460+0.004%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1460+0.002%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1460+0.027%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1461+0.048%$1.2M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1460−0.014%$629K$291K50xas long as short
MEXC APE_USDT+0.0100%8h0.1459−0.068%$3.8M$859K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.14600.000%$1.8M$1.8M50x
Bitget APEUSDT+0.0100%8h0.1461+0.068%$2.1M$540K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1460long leg$13.4M
Variational Omni APE+0.0100%8h0.1460−0.007%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1460−0.010%$4K$220K10xas long as short
BloFin APE-USDT+0.0104%8h0.1458−0.137%$222K$47K75xas long as short
Kraken Futures PF_APEUSD+0.0155%1h0.1459−0.037%$409K$571K20xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1462+0.137%$99K$7K25xas long as short