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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.005%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$950.949% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.005%, 7d avg +0.037%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14590.0104pay 0.0013% / 1h31m 41s$4K$219K10x
ShortBinance APEUSDT0.14590.0100get 0.0100% / 8h31m 41s$4.1M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.005% → +0.037%
−$3.18
Slippage, 4 orders
−$79.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$98.97
Costs to cover
0.949%
Break-even
never at this rate
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 45 min ago6.85 bp29.0 bp −$29178.1 bp −$1,781doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago3.42 bp17.1 bp −$1770.8 bp −$708doesn't fitdoesn't fit

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+0.030%$404K$578K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1459−0.034%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.380%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.578%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0085%8h0.1459−0.028%$221K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1462+0.157%$1.3M$369K5xas long as short
Aster APEUSDT+0.0100%8h0.1458−0.087%$121K$22K10xas long as short
Binance APEUSDTshort+0.0100%8h0.1459+0.005%$4.1M$6.2M50x
Bybit APEUSDT+0.0100%8h0.1459−0.049%$3.6M$2.6M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1459−0.035%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1459−0.028%$629K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1459−0.028%$4.1M$923K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1458−0.097%$1.8M$2.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1460+0.040%$2.1M$543K25xas long as short
BingX APE-USDT+0.0100%8h0.1459−0.028%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.005%$7K$12Kas long as short
Extended APE-USDlong+0.0104%1h0.1459long leg$4K$219K10x
dYdX APE-USD+0.0108%1h0.1460+0.017%$9K$55xas long as short
Deribit APE_USDC-PERPETUAL+0.0435%1h0.1460+0.040%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0776%1h0.1470+0.726%$99K$7K25xas long as short