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% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Gate+0.219%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.219%, 7d avg +0.006%
Together, before fees−0.399%−$40 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: BloFin is 0.213% dearer against Gate than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate APE_USDT0.14640.0100pay 0.0100% / 8h2h 41m$629K$312K50x
ShortBloFin APE-USDT0.14670.0104get 0.0104% / 8h2h 41m$216K$58K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$0.85
Price spread: +0.219% → +0.006%
$21.31
Slippage, 4 orders
−$58.13
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.97
Costs to cover
0.851%
Break-even
524.3 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 31 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 Gate live order book, 5 min ago11.18 bp19.3 bp −$1982.1 bp −$821doesn't fitdoesn't fit
Sell BloFin live order book, 31 min ago3.38 bp27.6 bp −$2861.6 bp −$616297.3 bp −$29.7Kdoesn'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%1h0.1465+0.107%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.627%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1466+0.150%$9K$21K25xas long as short
Kraken Futures PF_APEUSD+0.0027%1h0.1468+0.258%$402K$651K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.861%$1K$12K5.5xas long as short
dYdX APE-USD+0.0089%1h0.1468+0.296%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1468+0.280%$1.3M$386K5xas long as short
Aster APEUSDT+0.0100%8h0.1465+0.080%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1465+0.080%$4.1M$7.0M50xas long as short
Bybit APEUSDT+0.0100%8h0.1464+0.048%$3.6M$3.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1466+0.178%$1.3M$1.4M20xas long as short
Gate APE_USDTlong+0.0100%8h0.1464long leg$629K$312K50x
MEXC APE_USDT+0.0100%8h0.1465+0.082%$4.2M$864K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1465+0.082%$1.8M$3.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1466+0.150%$2.1M$591K25xas long as short
BingX APE-USDT+0.0100%8h0.1466+0.150%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1466+0.135%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1466+0.180%$5K$208K10xas long as short
BloFin APE-USDTshort+0.0104%8h0.1467+0.219%$216K$58K75x
Coinbase International APE-PERP-INTX+0.0936%1h0.1496+2.200%$101K$8K25xas long as short