Funding you earn now, next payment 00:00 UTC−0.0740%/8h= −81.0% APRpaid last 24h −0.180%
Price spread now: MEXC against Coinbase International−0.271%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−0.706%−$71 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 −$22 a day on $10k at the current rate, and MEXC is 0.271% cheaper against Coinbase International than usual: you would sell low and buy high (−$27 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 | 0.1475 | 0.0840 | pay 0.0105% / 1h | 39m 41s | $99K | $7K | 25x |
| Short | MEXC APE_USDT | 0.1471 | 0.0100 | get 0.0100% / 8h | 7h 39m | $4.3M | $948K | 50x |
Coinbase International APE-PERP-INTX
MEXC APE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$155.4
- Price spread: −0.271% → 0.000%
- −$27.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$192.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 3.40 bp | 6.8 bp −$7 | 40.6 bp −$406 | 177.4 bp −$17.7K | 231.4 bp −$115.7K |
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 | −0.0211% | 1h | 0.1472 | −0.209% | $412K | $602K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1471 | −0.252% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1471 | −0.241% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.273% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1471 | −0.271% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.576% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1472 | −0.169% | $1.3M | $367K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | −0.273% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1471 | −0.258% | $4.2M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1471 | −0.244% | $3.7M | $2.7M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1471 | −0.244% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1471 | −0.264% | $628K | $298K | 50x | as long as short |
| MEXC APE_USDTshort | +0.0100% | 8h | 0.1471 | −0.271% | $4.3M | $948K | 50x | |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1470 | −0.339% | $1.8M | $2.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1472 | −0.203% | $2.1M | $550K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1471 | −0.271% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1471 | −0.276% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | −0.283% | $4K | $250K | 10x | as long as short |
| BloFin APE-USDT | +0.0117% | 8h | 0.1470 | −0.339% | $221K | $49K | 75x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0840% | 1h | 0.1475 | long leg | $99K | $7K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT