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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.020%
Price spread now: Bybit against dYdX−0.097%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 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 against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.097% cheaper against dYdX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14610.0109pay 0.0014% / 1h30m 04s$9K$55x
ShortBybit APEUSDT0.14590.0100get 0.0100% / 8h30m 04s$3.6M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$1.99
Price spread: −0.097% → 0.000%
−$9.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$32.66
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago3.43 bp22.4 bp −$2251.5 bp −$515doesn'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%1h0.1461−0.011%$405K$578K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1460−0.073%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.466%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1460−0.062%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.675%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0093%8h0.1461+0.006%$221K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1463+0.136%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1459−0.123%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1460−0.071%$4.1M$6.2M50xas long as short
Bybit APEUSDTshort+0.0100%8h0.1459−0.097%$3.6M$2.6M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1460−0.056%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1460−0.062%$630K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1459−0.131%$4.1M$923K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1459−0.131%$1.8M$2.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1461+0.006%$2.1M$543K25xas long as short
BingX APE-USDT+0.0100%8h0.1460−0.062%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1458−0.197%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1460−0.090%$4K$219K10xas long as short
dYdX APE-USDlong+0.0109%1h0.1461long leg$9K$55x
Coinbase International APE-PERP-INTX+0.0776%1h0.1470+0.622%$99K$7K25xas long as short