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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h +0.009%
Price spread now: Deribit against Bybit+0.062%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.062% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14580.0100pay 0.0100% / 8h7m 10s$3.6M$2.7M50x
ShortDeribit APE_USDC-PERPETUAL0.14590.0436get 0.0054% / 1h7m 10s$11K$18K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$70.53
Price spread: +0.062% → 0.000%
$6.17
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$58.71
Costs to cover
0.180%
Break-even
1.2 days
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

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, 5 min ago0.34 bp19.4 bp −$1951.8 bp −$518doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0179%1h0.1459+0.064%$406K$582K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1458−0.012%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.303%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.493%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0083%8h0.1458−0.007%$219K$48K75xas long as short
dYdX APE-USD+0.0092%1h0.1458−0.021%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1460+0.130%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1458−0.029%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1458+0.020%$4.1M$6.2M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1458long leg$3.6M$2.7M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1459+0.041%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1459+0.055%$630K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1458−0.007%$4.1M$927K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1458−0.007%$1.8M$2.2M50xas long as short
Bitget APEUSDT+0.0100%8h0.1459+0.062%$2.1M$544K25xas long as short
BingX APE-USDT+0.0100%8h0.1458−0.007%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1456−0.155%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.14580.000%$4K$219K10xas long as short
Deribit APE_USDC-PERPETUALshort+0.0436%1h0.1459+0.062%$11K$18K25x
Coinbase International APE-PERP-INTX+0.0776%1h0.1464+0.405%$99K$7K25xas long as short