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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0676%/8h= −74.0% APRpaid last 24h −0.178%
Price spread now: Bitget against Coinbase International−0.410%7-day average · you buy dearer than you sell
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 7 days−0.607%−$61 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.410% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APE-PERP-INTX0.14640.0776pay 0.0097% / 1h11m 50s$99K$7K25x
ShortBitget APEUSDT0.14580.0100get 0.0100% / 8h11m 50s$2.1M$544K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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
−$141.96
Price spread: −0.410% → 0.000%
−$40.98
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$204.94
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 5 min ago. 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 Coinbase International no order-book sample
Sell Bitget live order book, 5 min ago6.85 bp25.0 bp −$25152.4 bp −$1,524doesn't fitdoesn't fit
Coinbase International: 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%1h0.1458−0.426%$406K$580K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1458−0.426%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.645%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.874%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1460−0.273%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1458−0.435%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1457−0.444%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1457−0.478%$3.6M$2.7M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1457−0.444%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1458−0.410%$629K$292K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1458−0.410%$4.1M$926K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1457−0.478%$1.8M$2.1M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1458−0.410%$2.1M$544K25x
BingX APE-USDT+0.0100%8h0.1457−0.478%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1457−0.458%$7K$12Kas long as short
dYdX APE-USD+0.0102%1h0.1459−0.316%$9K$55xas long as short
Extended APE-USD+0.0104%1h0.1458−0.442%$4K$219K10xas long as short
BloFin APE-USDT+0.0114%8h0.1459−0.342%$220K$48K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0436%1h0.1458−0.410%$11K$18K25xas long as short
Coinbase International APE-PERP-INTXlong+0.0776%1h0.1464long leg$99K$7K25x