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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%
Price spread now: KuCoin against Extended−0.030%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.030%, 7d avg +0.001%
Together, before fees+0.099%+ Points / potential airdropExtended: Active · farm board+$10 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: KuCoin is 0.031% 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 +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14770.0104pay 0.0013% / 1h34m 06s$8K$205K10x
ShortKuCoin APEUSDTM0.14770.0100get 0.0100% / 8h5h 34m$1.8M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.030% → +0.001%
−$3.11
Slippage, 4 orders
−$159.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.92
Costs to cover
1.770%
Break-even
never at this rate
Slippage from Extended: live order book, 27 min ago; KuCoin: live order book, 3 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, 27 min ago6.45 bp29.3 bp −$29182.0 bp −$1,820doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago6.78 bp66.2 bp −$66152.8 bp −$1,528doesn'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%1h0.1477−0.029%$409K$604K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1478+0.013%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.408%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.731%$1K$12K5.5xas long as short
dYdX APE-USD+0.0052%1h0.1477−0.013%$9K$55xas long as short
BloFin APE-USDT+0.0071%8h0.1482+0.308%$222K$54K75xas long as short
Hyperliquid APE+0.0100%1h0.1480+0.146%$1.3M$372K5xas long as short
Aster APEUSDT+0.0100%8h0.1478+0.026%$123K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1478+0.058%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1478+0.065%$3.7M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1477−0.044%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1477−0.017%$636K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1477−0.030%$4.3M$849K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1477−0.030%$1.8M$2.8M50x
Bitget APEUSDT+0.0100%8h0.1478+0.038%$2.1M$545K25xas long as short
BingX APE-USDT+0.0100%8h0.1478+0.038%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1476−0.090%$8K$12Kas long as short
Extended APE-USDlong+0.0104%1h0.1477long leg$8K$205K10x
Deribit APE_USDC-PERPETUAL+0.0427%1h0.1478+0.038%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1479+0.105%$100K$8K25xas long as short