Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.011%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.011%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1472 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $3.6M | $3.0M | 50x |
| Short | Binance APEUSDT | 0.1471 | 0.0100 | get 0.0100% / 8h | 6h 08m | $4.1M | $6.5M | 50x |
Bybit APEUSDT
Binance APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.011% → +0.028%
- −$3.9
- Slippage, 4 orders
- −$59.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.23
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 15 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 Bybit live order book, 4 min ago | 2.38 bp | 25.4 bp −$25 | 52.3 bp −$523 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.40 bp | 13.6 bp −$14 | 68.7 bp −$687 | 1082.9 bp −$108.3K | doesn't fit |
APE on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0225% | 1h | 0.1469 | −0.143% | $407K | $605K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1471 | −0.053% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.072% | — | — | — | as long as short |
| dYdX APE-USD | +0.0013% | 1h | 0.1470 | −0.071% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.354% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1474 | +0.177% | $1.3M | $373K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1470 | −0.087% | $122K | $22K | 10x | as long as short |
| Binance APEUSDTshort | +0.0100% | 8h | 0.1471 | −0.011% | $4.1M | $6.5M | 50x | |
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1472 | long leg | $3.6M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1472 | +0.061% | $1.3M | $1.4M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
OKX APE-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1471 | −0.027% | $633K | $311K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1470 | −0.102% | $4.3M | $900K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1470 | −0.102% | $1.8M | $2.6M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1471 | −0.034% | $2.1M | $562K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1471 | −0.034% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.048% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1470 | −0.112% | $4K | $202K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0429% | 1h | 0.1473 | +0.102% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1474 | +0.170% | $99K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX