Funding arb · Price arb /

APE

all APE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0558%/8h= +61.1% APRpaid last 24h +0.172%

Price spread now: Coinbase International against BloFin+0.137%58s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.662%+$66 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.137% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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	BloFin APE-USDT	0.1460	0.0090	pay 0.0090% / 8h	2h 32m	$222K	$47K	75x
Short	Coinbase International APE-PERP-INTX	0.1462	0.0648	get 0.0081% / 1h	32m 09s	$99K	$7K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.137%Rate

Funding earned: $117.24
Price spread: +0.137% → 0.000%: $13.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $108.93
Costs to cover: 0.220%
Break-even: 0.5 days

Slippage unknown: BloFin: live order book, 50 min ago; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 50 min ago	10.31 bp	16.3 bp −$16	41.2 bp −$412	336.5 bp −$33.7K	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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.

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	0.1460	−0.030%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−15.412%	—	—	—	as long as short
Deribit APE_USDC-PERPETUAL	0.0000%	1h	0.1460	0.000%	$11K	$18K	25x	as long as short
dYdX APE-USD	+0.0008%	1h	0.1459	−0.036%	$9K	$5	5x	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−5.616%	$1K	$12K	5.5x	as long as short
BloFin APE-USDTlong	+0.0090%	8h	0.1460	long leg	$222K	$47K	75x
Hyperliquid APE	+0.0100%	1h	0.1461	+0.082%	$1.3M	$370K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1459	−0.048%	$121K	$22K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1460	−0.034%	$4.1M	$6.1M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1460	+0.007%	$3.7M	$2.5M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX APE-USDT-SWAP	+0.0100%	8h	0.1460	0.000%	$1.2M	$1.3M	20x	as long as short
Gate APE_USDT	+0.0100%	8h	0.1460	0.000%	$629K	$291K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1459	−0.068%	$3.8M	$859K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1459	−0.068%	$1.8M	$1.8M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1461	+0.068%	$2.1M	$542K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1459	−0.068%	—	$13.4M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1460	−0.007%	$7K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1459	−0.047%	$4K	$220K	10x	as long as short
Kraken Futures PF_APEUSD	+0.0155%	1h	0.1459	−0.071%	$409K	$571K	20x	as long as short
Coinbase International APE-PERP-INTXshort	+0.0648%	1h	0.1462	+0.137%	$99K	$7K	25x