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

APE

all APE markets
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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 −0.005%
Price spread now: KuCoin against Bybit−0.020%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days+0.132%+$13 · spread now −0.020%, 7d avg +0.029%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.050% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14670.0100pay 0.0100% / 8h7h 59m$3.6M$2.7M50x
ShortKuCoin APEUSDTM0.14670.0100get 0.0100% / 8h7h 59m$1.8M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.020% → +0.029%
−$4.97
Slippage, 4 orders
−$123.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$151.21
Costs to cover
1.462%
Break-even
never at this rate
Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 7 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, 8 min ago1.37 bp23.0 bp −$2348.2 bp −$482doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago6.86 bp52.5 bp −$52152.6 bp −$1,526doesn'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%1h0.1468+0.027%$410K$585K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1467−0.044%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.834%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1467−0.020%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.086%$1K$12K5.5xas long as short
dYdX APE-USD+0.0084%1h0.1465−0.147%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1470+0.170%$1.3M$375K5xas long as short
Aster APEUSDT+0.0100%8h0.1467−0.018%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1467−0.020%$4.1M$6.2M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1467long leg$3.6M$2.7M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1466−0.075%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1468+0.055%$637K$288K50xas long as short
MEXC APE_USDT+0.0100%8h0.1467−0.020%$4.1M$924K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1467−0.020%$1.8M$2.2M50x
Bitget APEUSDT+0.0100%8h0.1467−0.020%$2.1M$550K25xas long as short
BingX APE-USDT+0.0100%8h0.1468+0.048%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1464−0.221%$7K$12Kas long as short
BloFin APE-USDT+0.0101%8h0.1466−0.089%$219K$48K75xas long as short
Extended APE-USD+0.0104%1h0.1467−0.037%$4K$216K10xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1470+0.184%$99K$7K25xas long as short