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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0962%/8h= −105.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.215%
Price spread now: dYdX against Coinbase International−1.119%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 6 days (all we have)no history yet
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 −$29 a day on $10k at the current rate, and dYdX is 1.119% cheaper against Coinbase International than usual: you would sell low and buy high (−$112 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-INTX0.14840.1104pay 0.0138% / 1h0m 41s$100K$8K25x
ShortdYdX APE-USD0.14670.0142get 0.0018% / 1h0m 41s$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$201.97
Price spread: −1.119% → 0.000%
−$111.86
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$333.83
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 18 min ago; dYdX: no order-book sample. 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, 18 min ago17.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1467−1.135%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.777%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.143%$1K$12K5.5xas long as short
Aster APEUSDT+0.0100%8h0.1469−1.037%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1469−1.037%$4.1M$7.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1467−1.112%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1469−1.018%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1468−1.078%$635K$314K50xas long as short
MEXC APE_USDT+0.0100%8h0.1468−1.078%$4.2M$829K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1468−1.078%$1.8M$4.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget APEUSDT+0.0100%8h0.1468−1.078%$2.1M$607K25xas long as short
BingX APE-USDT+0.0100%8h0.1468−1.078%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1467−1.149%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1468−1.105%$6K$208K10xas long as short
BloFin APE-USDT+0.0111%8h0.1468−1.078%$217K$59K75xas long as short
dYdX APE-USDshort+0.0142%1h0.1467−1.119%$9K5x
Hyperliquid APE+0.0165%1h0.1471−0.856%$1.3M$374K5xas long as short
Kraken Futures PF_APEUSD+0.0232%1h0.1468−1.100%$400K$695K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0431%1h0.1469−1.011%$5K$24K25xas long as short
Coinbase International APE-PERP-INTXlong+0.1104%1h0.1484long leg$100K$8K25x