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

APE

All APE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotAPEUSDT
0.1080spotno funding——$539K1xBuy Bybit Spot
SHORT
BybitAPEUSDT
0.1078+0.0100get 0.0100% / 8h7h 44m$2.7M$2.2M50xShort Bybit
Price gap−0.157%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.024% under its 7d average: −$2 if it goes back, about 19 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15+0.0100% /8h now · paid +0.149% over the last 7D
Price−$2spread −0.157% now, avg −0.133% → −0.024% if it goes back
Costs−$1931.932% of $10k · taker + slippage, in and out
Result−$181−1.81%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.157%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APE on 16 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size64.8 / 36.1 bp
    At $10k entering Bybit Spot costs 64.8 bp, fee and slippage, 1.8× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Bybit runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Bybit settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.157% vs −0.133%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$2.7M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0071%/8h × 21 periods+$14.90
Price spread−0.157% → −0.133% (7d avg)−$2.40
Slippage, 4 orderslive order books−$162.16
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$180.65
Costs to cover1.932%Break-even91.9 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot4.2564.8 bp−$65doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.8136.1 bp−$36148.8 bp−$1,488doesn’t fitdoesn’t fit

Closing costs about the same again.

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