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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0588%/8h= −64.4% APRpaid last 24h −0.177%
Price spread now: Gate against Coinbase International−0.205%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−0.627%−$63 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 −$18 a day on $10k at the current rate, and Gate is 0.205% cheaper against Coinbase International than usual: you would sell low and buy high (−$20 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-INTX0.14650.0688pay 0.0086% / 1h0m 14s$99K$7K25x
ShortGate APE_USDT0.14620.0100get 0.0100% / 8h1h 00m$631K$294K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$123.48
Price spread: −0.205% → 0.000%
−$20.48
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$168.96
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 16 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 Gate live order book, 16 min ago3.42 bp21.2 bp −$21183.0 bp −$1,830doesn'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−0.0427%1h0.1463−0.146%$408K$577K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1463−0.154%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.702%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1463−0.137%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.939%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1466+0.034%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1462−0.203%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1462−0.203%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1462−0.171%$3.6M$2.6M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1464−0.089%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDTshort+0.0100%8h0.1462−0.205%$631K$294K50x
MEXC APE_USDT+0.0100%8h0.1462−0.205%$4.1M$926K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1462−0.205%$1.8M$1.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1463−0.137%$2.1M$546K25xas long as short
BingX APE-USDT+0.0100%8h0.1462−0.205%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1460−0.334%$7K$12Kas long as short
BloFin APE-USDT+0.0102%8h0.1463−0.137%$222K$48K75xas long as short
Extended APE-USD+0.0104%1h0.1462−0.224%$4K$220K10xas long as short
dYdX APE-USD+0.0232%1h0.1462−0.220%$9K$55xas long as short
Coinbase International APE-PERP-INTXlong+0.0688%1h0.1465long leg$99K$7K25x