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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.028%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.028%, 7d avg +0.043%
Together, before fees+0.089%+ Points / potential airdropExtended: Active · farm board+$9 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: OKX is 0.071% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14790.0104pay 0.0013% / 1h42m 40s$6K$204K10x
ShortOKX APE-USDT-SWAP0.14790.0100get 0.0100% / 8h42m 40s$1.3M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.028% → +0.043%
−$7.08
Slippage, 4 orders
−$93.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$116.52
Costs to cover
1.086%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; OKX: live order book, 4 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, 59 min ago5.78 bp28.3 bp −$28192.7 bp −$1,927doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.35 bp24.3 bp −$24doesn't fitdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1479−0.036%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.514%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.849%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0085%8h0.1482+0.181%$218K$60K75xas long as short
Hyperliquid APE+0.0100%1h0.1480+0.060%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1479−0.032%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1478−0.068%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1478−0.069%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAPshort+0.0100%8h0.1479−0.028%$1.3M$1.5M20x
Gate APE_USDT+0.0100%8h0.1479−0.021%$640K$313K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1478−0.089%$4.2M$824K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1478−0.089%$1.8M$3.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1478−0.089%$2.1M$600K25xas long as short
BingX APE-USDT+0.0100%8h0.1478−0.089%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1479−0.024%$5K$14Kas long as short
Extended APE-USDlong+0.0104%1h0.1479long leg$6K$204K10x
dYdX APE-USD+0.0208%1h0.1479−0.008%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0230%1h0.1480+0.036%$404K$692K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.1480+0.046%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1484+0.317%$100K$8K25xas long as short