Funding you earn now, next payment 02:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h +0.186%
Price spread now: Coinbase International against Bybit+0.224%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days+0.656%+$66 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.224% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1474 | 0.0100 | pay 0.0100% / 8h | 5h 44m | $3.6M | $3.0M | 50x |
| Short | Coinbase International APE-PERP-INTX | 0.1477 | 0.0880 | get 0.0110% / 1h | 44m 00s | $99K | $7K | 25x |
Bybit APEUSDT
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $163.8
- Price spread: +0.224% → 0.000%
- $22.39
- Slippage, 4 orders
- −$84.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $80.52
- Costs to cover
- 1.057%
- Break-even
- 3.6 days
Slippage from Bybit: live order book, 3 min ago; Coinbase International: live order book, 79 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, 3 min ago | 2.38 bp | 26.1 bp −$26 | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 79 min ago | 13.51 bp | 38.6 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0179% | 1h | 0.1473 | −0.075% | $408K | $602K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1473 | −0.074% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.196% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.494% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0068% | 1h | 0.1474 | +0.039% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0087% | 8h | 0.1475 | +0.088% | — | $54K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1476 | +0.136% | $1.3M | $373K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1474 | +0.004% | $123K | $21K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1474 | +0.031% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1474 | long leg | $3.6M | $3.0M | 50x |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1476 | +0.129% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1473 | −0.041% | $634K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1473 | −0.047% | $4.3M | $849K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1473 | −0.047% | $1.8M | $2.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1474 | +0.020% | $2.1M | $549K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1474 | +0.020% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.187% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1473 | −0.052% | $8K | $203K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0429% | 1h | 0.1474 | +0.020% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXshort | +0.0880% | 1h | 0.1477 | +0.224% | $99K | $7K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL