Funding you earn now, next payment 16:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against BloFin−0.095%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.095%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APE-USDT | 0.1466 | 0.0124 | pay 0.0124% / 8h | 7h 56m | $216K | $59K | 75x |
| Short | OKX APE-USDT-SWAP | 0.1465 | 0.0100 | get 0.0100% / 8h | 7h 56m | $1.3M | $1.5M | 20x |
BloFin APE-USDT
OKX APE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.12
- Price spread: −0.095% → 0.000%
- −$9.51
- Slippage, 4 orders
- −$73.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.85
- Costs to cover
- 0.952%
- Break-even
- never at this rate
Slippage from BloFin: live order book, just now; OKX: live order book, 5 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, just now | 3.41 bp | 23.6 bp −$24 | 50.6 bp −$506 | 355.8 bp −$35.6K | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.72 bp | 27.2 bp −$27 | doesn't fit | 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 | 0.1468 | +0.119% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1467 | +0.095% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.755% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.003% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1470 | +0.307% | $1.3M | $375K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1468 | +0.168% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1468 | +0.165% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1467 | +0.089% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAPshort | +0.0100% | 8h | 0.1465 | −0.095% | $1.3M | $1.5M | 20x | |
| Gate APE_USDT | +0.0100% | 8h | 0.1468 | +0.143% | $635K | $305K | 50x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1468 | +0.136% | $4.2M | $759K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1468 | +0.136% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1468 | +0.136% | $2.1M | $610K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1468 | +0.136% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1467 | +0.065% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1468 | +0.138% | $6K | $208K | 10x | as long as short |
| BloFin APE-USDTlong | +0.0124% | 8h | 0.1466 | long leg | $216K | $59K | 75x | |
| Kraken Futures PF_APEUSD | +0.0356% | 1h | 0.1469 | +0.182% | $400K | $694K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0431% | 1h | 0.1469 | +0.205% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1104% | 1h | 0.1484 | +1.228% | $100K | $8K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX