Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin+0.068%64s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.068%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.085% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.016%. The two prices were read 64 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 | 0.0082 | pay 0.0082% / 8h | 4h 46m | $219K | $57K | 75x |
| Short | MEXC APE_USDT | 0.1461 | 0.0100 | get 0.0100% / 8h | 4h 46m | $4.4M | $866K | 50x |
BloFin APE-USDT
MEXC APE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.78
- Price spread: +0.068% → −0.016%
- $8.45
- Slippage, 4 orders
- −$42.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$42.46
- Costs to cover
- 0.547%
- Break-even
- 85.7 days
Slippage from BloFin: live order book, 46 min ago; MEXC: live order book, 1 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, 46 min ago | 10.12 bp | 16.1 bp −$16 | 32.3 bp −$323 | 322.4 bp −$32.2K | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.42 bp | 4.6 bp −$5 | 38.5 bp −$385 | 176.3 bp −$17.6K | 228.1 bp −$114.1K |
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 | 0.1461 | +0.096% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.410% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1461 | +0.068% | $11K | $18K | 25x | as long as short |
| Kraken Futures PF_APEUSD | +0.0011% | 1h | 0.1464 | +0.308% | $404K | $613K | 20x | as long as short |
| dYdX APE-USD | +0.0017% | 1h | 0.1461 | +0.066% | $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 | +0.0082% | 8h | 0.1460 | long leg | $219K | $57K | 75x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1464 | +0.308% | $1.3M | $362K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1462 | +0.104% | $121K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1461 | +0.100% | $4.1M | $6.6M | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Kraken Futures PF_APEUSD
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDT | +0.0100% | 8h | 0.1461 | +0.068% | $3.6M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1461 | +0.068% | $1.2M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1462 | +0.137% | $629K | $303K | 50x | as long as short |
| MEXC APE_USDTshort | +0.0100% | 8h | 0.1461 | +0.068% | $4.4M | $866K | 50x | |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1461 | +0.068% | $1.8M | $2.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | +0.068% | $2.1M | $545K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1461 | +0.068% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1460 | −0.018% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1461 | +0.069% | $4K | $206K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0856% | 1h | 0.1483 | +1.575% | $100K | $7K | 25x | as long as short |
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX