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
Funding, last 5 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 $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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX APE-USD | 0.1461 | 0.0109 | pay 0.0014% / 1h | 30m 04s | $9K | $5 | 5x |
| Short | Bybit APEUSDT | 0.1459 | 0.0100 | get 0.0100% / 8h | 30m 04s | $3.6M | $2.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.43 bp | 22.4 bp −$22 | 51.5 bp −$515 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1461 | −0.011% | $405K | $578K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1460 | −0.073% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.466% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1460 | −0.062% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.675% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0093% | 8h | 0.1461 | +0.006% | $221K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1463 | +0.136% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1459 | −0.123% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1460 | −0.071% | $4.1M | $6.2M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1459 | −0.097% | $3.6M | $2.6M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1460 | −0.056% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1460 | −0.062% | $630K | $292K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1459 | −0.131% | $4.1M | $923K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1459 | −0.131% | $1.8M | $2.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1461 | +0.006% | $2.1M | $543K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1460 | −0.062% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1458 | −0.197% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1460 | −0.090% | $4K | $219K | 10x | as long as short |
| dYdX APE-USDlong | +0.0109% | 1h | 0.1461 | long leg | $9K | $5 | 5x | |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +0.622% | $99K | $7K | 25x | as long as short |
Bybit APEUSDT
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
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