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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0861%/8h= −94.3% APRpaid last 24h −0.190%
Price spread now: BloFin against Coinbase International−0.272%58s7-day average −0.393% · 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−0.746%−$75 on $10k
Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.272%, 7d avg −0.393%
Together, before fees−0.959%−$96 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.120% dearer against Coinbase International than usual: you sell high and buy low (spread −0.272% now, against its 7-day average of −0.393%): +$12 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.746% in total) that is about 27 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APE-PERP-INTX0.14690.0936pay 0.0117% / 1h38m 16s$99K$8K25x
ShortBloFin APE-USDT0.14650.0075get 0.0075% / 8h2h 38m$218K$58K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$180.91
Price spread: −0.272% → −0.393%
$12.03
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$190.89
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; BloFin: live order book, 33 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 live order book, 5 min ago13.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago3.38 bp27.6 bp −$2861.6 bp −$616297.3 bp −$29.7Kdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1464−0.369%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.927%as long as short
Kraken Futures PF_APEUSD+0.0027%1h0.1465−0.294%$398K$657K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.195%$1K$12K5.5xas long as short
BloFin APE-USDTshort+0.0075%8h0.1465−0.272%$218K$58K75x
dYdX APE-USD+0.0097%1h0.1465−0.239%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1468−0.095%$1.3M$385K5xas long as short
Aster APEUSDT+0.0100%8h0.1465−0.296%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1465−0.296%$4.1M$7.0M50xas long as short
Bybit APEUSDT+0.0100%8h0.1464−0.320%$3.6M$3.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1466−0.197%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1464−0.340%$628K$313K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464−0.340%$4.2M$864K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1463−0.408%$1.8M$3.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1464−0.340%$2.1M$592K25xas long as short
BingX APE-USDT+0.0100%8h0.1464−0.340%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1466−0.220%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1464−0.342%$5K$208K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1465−0.272%$9K$21K25xas long as short
Coinbase International APE-PERP-INTXlong+0.0936%1h0.1469long leg$99K$8K25x