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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against Bybit+0.034%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.921% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days+0.089%+$9 · spread now +0.034%, 7d avg +0.051%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14660.0100pay 0.0100% / 8h7h 20m$3.6M$2.8M50x
ShortBitget APEUSDT0.14660.0100get 0.0100% / 8h7h 20m$2.1M$545K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: +0.034% → +0.051%
−$1.71
Slippage, 4 orders
−$69.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.85
Costs to cover
0.921%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago0.34 bp20.4 bp −$2048.9 bp −$489doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.82 bp25.9 bp −$26124.1 bp −$1,241doesn't fitdoesn't fit

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−0.0212%1h0.1466+0.029%$408K$592K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1465−0.023%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.729%as long as short
dYdX APE-USD+0.0029%1h0.1466+0.019%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.971%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1467+0.136%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1466+0.010%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1466+0.013%$4.1M$6.3M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1466long leg$3.6M$2.8M50x
OKX APE-USDT-SWAP+0.0100%8h0.1466+0.020%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1464−0.068%$625K$300K50xas long as short
MEXC APE_USDT+0.0100%8h0.1465−0.034%$4.3M$949K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1464−0.102%$1.8M$2.3M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1466+0.034%$2.1M$545K25x
BingX APE-USDT+0.0100%8h0.1465−0.034%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1465−0.061%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1465−0.014%$5K$206K10xas long as short
BloFin APE-USDT+0.0127%8h0.1467+0.102%$221K$49K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1466+0.034%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1475+0.648%$99K$7K25xas long as short