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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: KuCoin against Deribit+0.137%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.137% dearer against Deribit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit APE_USDC-PERPETUAL0.14630get 0.0000% / 1h54m 42s$5K$24K25x
ShortKuCoin APEUSDTM0.14650.0100get 0.0100% / 8h7h 54m$1.8M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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
$21
Price spread: +0.137% → 0.000%
$13.67
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$15.67
Costs to cover
0.190%
Break-even
1.8 days
Slippage unknown: Deribit: no order-book sample; KuCoin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell KuCoin live order book, 3 min ago6.81 bp53.6 bp −$54169.4 bp −$1,694doesn't fitdoesn't fit
Deribit: 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%1h0.1463−0.001%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1463+0.022%$9K5xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.582%as long as short
Deribit APE_USDC-PERPETUALlong0.0000%1h0.1463long leg$5K$24K25x
Injective APE/USDC PERP+0.0033%1h0.1378−5.810%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1467+0.294%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1466+0.177%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1466+0.177%$4.1M$7.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1465+0.150%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1465+0.123%$1.3M$1.5M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1465+0.144%$634K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.1465+0.137%$4.2M$759K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1465+0.137%$1.8M$4.1M50x
Bitget APEUSDT+0.0100%8h0.1466+0.205%$2.1M$606K25xas long as short
BingX APE-USDT+0.0100%8h0.1465+0.137%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1465+0.144%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1465+0.157%$6K$208K10xas long as short
BloFin APE-USDT+0.0120%8h0.1464+0.068%$217K$59K75xas long as short
Kraken Futures PF_APEUSD+0.0357%1h0.1465+0.127%$399K$695K20xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1484+1.435%$100K$8K25xas long as short