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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.020%
Price spread now: Bitget against dYdX+0.024%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 $0 a day on $10k at the current rate, and Bitget is 0.024% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14600.0090pay 0.0011% / 1h32m 48s$9K$55x
ShortBitget APEUSDT0.14600.0100get 0.0100% / 8h32m 48s$2.1M$543K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
$2.19
Price spread: +0.024% → 0.000%
$2.36
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$17.45
Costs to cover
0.220%
Break-even
62.9 days
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 4 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 dYdX no order-book sample
Sell Bitget live order book, 4 min ago6.84 bp23.0 bp −$23140.4 bp −$1,404doesn't fitdoesn't fit
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
Kraken Futures PF_APEUSD−0.0178%1h0.1460+0.049%$405K$578K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1460+0.013%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.393%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.594%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0085%8h0.1459−0.045%$221K$48K75xas long as short
dYdX APE-USDlong+0.0090%1h0.1460long leg$9K$55x
Hyperliquid APE+0.0100%1h0.1462+0.133%$1.3M$369K5xas long as short
Aster APEUSDT+0.0100%8h0.1457−0.167%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1459−0.012%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1459−0.065%$3.6M$2.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1459−0.031%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1459−0.045%$629K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1459−0.045%$4.1M$923K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1458−0.113%$1.8M$2.1M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1460+0.024%$2.1M$543K25x
BingX APE-USDT+0.0100%8h0.1459−0.045%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.022%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1459−0.064%$4K$219K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0435%1h0.1461+0.092%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0776%1h0.1470+0.709%$99K$7K25xas long as short