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 0.000%
Price spread now: OKX against Bitget−0.110%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1191.185% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 7 days−0.122%−$12 · spread now −0.110%, 7d avg −0.038%
Together, before fees−0.202%−$20 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: OKX is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APEUSDT0.14580.0100pay 0.0100% / 8h1h 50m$2.1M$537K25x
ShortOKX APE-USDT-SWAP0.14560.0100get 0.0100% / 8h1h 50m$1.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.110% → −0.038%
−$7.17
Slippage, 4 orders
−$96.55
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$125.72
Costs to cover
1.185%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago6.86 bp30.1 bp −$30135.6 bp −$1,356doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.03 bp28.9 bp −$29doesn't fitdoesn'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%1h0.1456−0.126%$409K$571K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1457−0.074%$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%1h0.1459+0.075%$1.3M$364K5xas long as short
Aster APEUSDT+0.0100%8h0.1457−0.042%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.14580.000%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1457−0.069%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAPshort+0.0100%8h0.1456−0.110%$1.3M$1.3M20x
Gate APE_USDT+0.0100%8h0.1459+0.048%$630K$290K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1457−0.069%$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$537K25x
BingX APE-USDT+0.0100%8h0.1457−0.069%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1457−0.094%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1458−0.032%$4K$220K10xas long as short
BloFin APE-USDT+0.0104%8h0.14580.000%$222K$48K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0437%1h0.1457−0.069%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1470+0.823%$99K$7K25xas long as short
dYdX APE-USD+0.1013%1h0.1455−0.173%$9K$55xas long as short