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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.019%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.019%, 7d avg −0.061%
Together, before fees−0.181%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APEUSDT0.14580.0100pay 0.0100% / 8h1h 56m$2.1M$538K25x
ShortExtended APE-USD0.14580.0104get 0.0013% / 1h56m 24s$4K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: +0.019% → −0.061%
$8.07
Slippage, 4 orders
−$90.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$98.67
Costs to cover
1.076%
Break-even
829.3 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 26 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 Bitget live order book, 1 min ago6.85 bp24.8 bp −$25136.9 bp −$1,369doesn't fitdoesn't fit
Sell Extended live order book, 26 min ago5.80 bp31.3 bp −$31183.5 bp −$1,835doesn'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
Kraken Futures PF_APEUSD−0.0429%1h0.1458−0.023%$409K$571K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1459+0.079%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.294%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.487%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1460+0.165%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1457−0.051%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1459+0.081%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.14580.000%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1460+0.123%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1457−0.055%$629K$290K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.14580.000%$3.8M$843K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1457−0.069%$1.8M$1.8M50xas long as short
Bitget APEUSDTlong+0.0100%8h0.1458long leg$2.1M$538K25x
BingX APE-USDT+0.0100%8h0.14580.000%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1457−0.062%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1458+0.019%$4K$220K10x
BloFin APE-USDT+0.0106%8h0.1456−0.137%$222K$48K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0436%1h0.14580.000%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1470+0.823%$99K$7K25xas long as short
dYdX APE-USD+0.0714%1h0.1455−0.228%$9K$55xas long as short