Funding you earn now, next payment 22:00 UTC−0.0588%/8h= −64.4% APRpaid last 24h −0.177%
Price spread now: Bybit against Coinbase International−0.741%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.620%−$62 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bybit is 0.741% cheaper against Coinbase International than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1470 | 0.0688 | pay 0.0086% / 1h | 51m 54s | $99K | $7K | 25x |
| Short | Bybit APEUSDT | 0.1459 | 0.0100 | get 0.0100% / 8h | 1h 51m | $3.7M | $2.5M | 50x |
Coinbase International APE-PERP-INTX
Bybit APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$123.48
- Price spread: −0.741% → 0.000%
- −$74.15
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$218.63
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 1.37 bp | 25.7 bp −$26 | 54.8 bp −$548 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0429% | 1h | 0.1458 | −0.842% | $409K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1458 | −0.814% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.985% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.259% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0096% | 8h | 0.1464 | −0.408% | $223K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1460 | −0.680% | $1.3M | $364K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1460 | −0.687% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1459 | −0.748% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1459 | −0.741% | $3.7M | $2.5M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1458 | −0.816% | $1.3M | $1.3M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1460 | −0.680% | $630K | $290K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1458 | −0.816% | $3.8M | $843K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1457 | −0.884% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1457 | −0.884% | $2.1M | $538K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | −0.680% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | −0.747% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1457 | −0.855% | $4K | $220K | 10x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0436% | 1h | 0.1459 | −0.748% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0688% | 1h | 0.1470 | long leg | $99K | $7K | 25x | |
| dYdX APE-USD | +0.1222% | 1h | 0.1457 | −0.851% | $9K | $5 | 5x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Deribit APE_USDC-PERPETUAL
dYdX APE-USD