Funding you earn now, next payment 00:00 UTC−0.0619%/8h= −67.7% APRnext payment −$0.77 per $10,000 · paid last 24h −0.087%
Price spread now: GMX against Deribit−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 −$19 a day on $10k at the current rate, and GMX is 0.051% cheaper against Deribit than usual: you would sell low and buy high (−$5 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 | Deribit APE_USDC-PERPETUAL | 0.1463 | 0.0434 | pay 0.0054% / 1h | 2m 30s | $11K | $18K | 25x |
| Short | GMX APE/USD [APE-USDC] | 0.1462 | L −0.0178% / S +0.0185% | pay 0.0023% / 1h | 2m 30s | $1K | — | 100x |
Deribit APE_USDC-PERPETUAL
GMX APE/USD [APE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- −$129.91
- Price spread: −0.051% → 0.000%
- −$5.06
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$153.96
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit and GMX: 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 | −0.0178% | 1h | 0.1463 | −0.009% | $408K | $585K | 20x | as long as short |
| GMX APE/USD [APE-USDC]short | L −0.0178% / S +0.0185% | 1h | 0.1462 | −0.051% | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.587% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.810% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0084% | 1h | 0.1462 | −0.072% | $9K | $5 | 5x | as long as short |
| BloFin APE-USDT | +0.0092% | 8h | 0.1462 | −0.068% | $219K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1465 | +0.157% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1462 | −0.049% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1462 | −0.047% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1462 | −0.089% | $3.6M | $2.7M | 50x | as long as short |
Kraken Futures PF_APEUSD
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
BloFin APE-USDT
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 | 0.1462 | −0.089% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1463 | −0.007% | $632K | $293K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1462 | −0.068% | $4.1M | $928K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1462 | −0.068% | $1.8M | $2.2M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1463 | 0.000% | $2.1M | $550K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | 0.000% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.324% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1462 | −0.046% | $4K | $219K | 10x | as long as short |
| Deribit APE_USDC-PERPETUALlong | +0.0434% | 1h | 0.1463 | long leg | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1466 | +0.205% | $99K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX