Funding you earn now, next payment 01:00 UTC+0.0800%/8h= +87.6% APRnext payment +$1.00 per $10,000 · paid last 24h +0.182%
Price spread now: Coinbase International against Extended+0.450%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days+0.717%+$72 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Coinbase International is 0.450% dearer against Extended than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APE-USD | 0.1477 | 0.0104 | pay 0.0013% / 1h | 30m 46s | $4K | $204K | 10x |
| Short | Coinbase International APE-PERP-INTX | 0.1484 | 0.0904 | get 0.0113% / 1h | 30m 46s | $100K | $7K | 25x |
Extended APE-USD
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $168
- Price spread: +0.450% → 0.000%
- $44.99
- Slippage, 4 orders
- −$100.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $97.7
- Costs to cover
- 1.153%
- Break-even
- 2.9 days
Slippage from Extended: live order book, 36 min ago; Coinbase International: live order book, 33 min ago.
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 Extended live order book, 36 min ago | 5.73 bp | 27.9 bp −$28 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 33 min ago | 13.51 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
APE on 19 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 | −0.0223% | 1h | 0.1478 | +0.052% | $411K | $606K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1478 | +0.067% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.402% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1478 | +0.044% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0006% | 1h | 0.1480 | +0.171% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.725% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1481 | +0.220% | $1.3M | $378K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1479 | +0.120% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1478 | +0.044% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1478 | +0.071% | $3.7M | $3.0M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1479 | +0.111% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1478 | +0.057% | $635K | $309K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1478 | +0.044% | $4.3M | $884K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1478 | +0.044% | $1.8M | $2.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1479 | +0.111% | $2.1M | $573K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1479 | +0.111% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1478 | +0.045% | $8K | $12K | — | as long as short |
| Extended APE-USDlong | +0.0104% | 1h | 0.1477 | long leg | $4K | $204K | 10x | |
| Coinbase International APE-PERP-INTXshort | +0.0904% | 1h | 0.1484 | +0.450% | $100K | $7K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE