Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against BloFin−0.135%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.135%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.091% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APE-USDT | 0.1481 | 0.0174 | pay 0.0174% / 8h | 2h 52m | $218K | $59K | 75x |
| Short | KuCoin APEUSDTM | 0.1479 | 0.0100 | get 0.0100% / 8h | 2h 52m | $1.8M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.55
- Price spread: −0.135% → −0.044%
- −$9.13
- Slippage, 4 orders
- −$120.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$169.37
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 19 min ago; KuCoin: live order book, 10 min ago.
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, 19 min ago | 3.38 bp | 12.7 bp −$13 | 47.2 bp −$472 | 336.5 bp −$33.6K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 6.79 bp | 49.5 bp −$50 | 180.7 bp −$1,807 | doesn't fit | doesn't fit |
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 | 0.1479 | −0.165% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.608% | — | — | — | as long as short |
| Kraken Futures PF_APEUSD | +0.0027% | 1h | 0.1480 | −0.051% | $408K | $649K | 20x | as long as short |
| dYdX APE-USD | +0.0029% | 1h | 0.1480 | −0.096% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.955% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1484 | +0.169% | $1.3M | $385K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1479 | −0.113% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1481 | 0.000% | $4.1M | $7.0M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1480 | −0.095% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1481 | 0.000% | $1.3M | $1.5M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1479 | −0.135% | $634K | $312K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1479 | −0.135% | $4.3M | $859K | 50x | as long as short |
| KuCoin APEUSDTMshort | +0.0100% | 8h | 0.1479 | −0.135% | $1.8M | $3.5M | 50x | |
| Bitget APEUSDT | +0.0100% | 8h | 0.1480 | −0.068% | $2.1M | $587K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1479 | −0.135% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1481 | −0.011% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1479 | −0.130% | $5K | $208K | 10x | as long as short |
| BloFin APE-USDTlong | +0.0174% | 8h | 0.1481 | long leg | $218K | $59K | 75x | |
| Deribit APE_USDC-PERPETUAL | +0.0426% | 1h | 0.1480 | −0.068% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0936% | 1h | 0.1496 | +1.013% | $101K | $8K | 25x | as long as short |
BloFin APE-USDT
KuCoin APEUSDTM
GMX APE/USD [APE-USDC]
Kraken Futures PF_APEUSD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX