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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.019%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.019%, 7d avg +0.061%
Together, before fees+0.181%+ Points / potential airdropExtended: Active · farm board+$18 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: Bitget is 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14580.0104pay 0.0013% / 1h56m 23s$4K$220K10x
ShortBitget APEUSDT0.14580.0100get 0.0100% / 8h1h 56m$2.1M$538K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.019% → +0.061%
−$8.07
Slippage, 4 orders
−$90.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.49
Costs to cover
1.076%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; Bitget: live order book, 1 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, 26 min ago5.80 bp27.5 bp −$28188.6 bp −$1,886doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.85 bp23.9 bp −$24126.6 bp −$1,266doesn'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−0.0429%1h0.1458−0.043%$409K$571K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1459+0.059%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.311%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.505%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1460+0.145%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1457−0.071%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1459+0.062%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1458−0.019%$3.7M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1460+0.104%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1457−0.074%$629K$290K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1458−0.019%$3.8M$843K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1457−0.088%$1.8M$1.8M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1458−0.019%$2.1M$538K25x
BingX APE-USDT+0.0100%8h0.1458−0.019%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1457−0.081%$7K$12Kas long as short
Extended APE-USDlong+0.0104%1h0.1458long leg$4K$220K10x
BloFin APE-USDT+0.0106%8h0.1456−0.157%$222K$48K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0436%1h0.1458−0.019%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1470+0.803%$99K$7K25xas long as short
dYdX APE-USD+0.0714%1h0.1455−0.247%$9K$55xas long as short