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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.082%
Price spread now: GMX against BloFin−0.034%7-day average · you buy dearer than you sell
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 3 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.034% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APE-USDT0.14810.0123pay 0.0123% / 8h7h 10m$220K$50K75x
ShortGMX APE/USD [APE-USDC]0.1480L −0.0178% / S +0.0185%pay 0.0023% / 1h10m 44s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$64.63
Price spread: −0.034% → 0.000%
−$3.44
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$92.08
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 55 min ago; GMX: 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 BloFin live order book, 55 min ago10.28 bp17.4 bp −$1739.5 bp −$395367.2 bp −$36.7Kdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0210%1h0.1481+0.030%$410K$609K20xas long as short
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1480−0.034%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.611%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.14810.000%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.955%$1K$12K5.5xas long as short
dYdX APE-USD+0.0039%1h0.1482+0.059%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1485+0.250%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1484+0.199%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1484+0.203%$4.2M$6.4M50xas long as short
Bybit APEUSDT+0.0100%8h0.1484+0.209%$3.6M$2.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1485+0.270%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1484+0.209%$634K$303K50xas long as short
MEXC APE_USDT+0.0100%8h0.1484+0.203%$4.4M$961K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1483+0.135%$1.8M$2.4M50xas long as short
Bitget APEUSDT+0.0100%8h0.1484+0.203%$2.1M$549K25xas long as short
BingX APE-USDT+0.0100%8h0.1484+0.203%$13.2Mas long as short
Variational Omni APE+0.0100%8h0.1480−0.054%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1484+0.197%$5K$206K10xas long as short
BloFin APE-USDTlong+0.0123%8h0.1481long leg$220K$50K75x
Coinbase International APE-PERP-INTX+0.0840%1h0.1486+0.338%$100K$7K25xas long as short