Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%
Price spread now: Deribit against Gate−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.041% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APE_USDT | 0.1466 | 0.0100 | pay 0.0100% / 8h | 7h 19m | $625K | $300K | 50x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1465 | 0 | get 0.0000% / 1h | 19m 17s | $11K | $18K | 25x |
Gate APE_USDT
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- −$21
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$47.09
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 52 min ago; Deribit: no order-book sample. Net counts fees only.
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 Gate live order book, 52 min ago | 9.96 bp | 20.7 bp −$21 | 190.6 bp −$1,906 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APE on 20 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 | −0.0212% | 1h | 0.1464 | −0.099% | $407K | $592K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1466 | +0.015% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.735% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUALshort | 0.0000% | 1h | 0.1465 | −0.041% | $11K | $18K | 25x | |
| dYdX APE-USD | +0.0028% | 1h | 0.1466 | +0.012% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.977% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1468 | +0.177% | $1.3M | $368K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | +0.032% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1464 | −0.131% | $4.1M | $6.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | −0.164% | $3.6M | $2.8M | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
dYdX APE-USD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1464 | −0.130% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDTlong | +0.0100% | 8h | 0.1466 | long leg | $625K | $300K | 50x | |
| MEXC APE_USDT | +0.0100% | 8h | 0.1466 | +0.027% | $4.3M | $949K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1465 | −0.041% | $1.8M | $2.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1466 | +0.027% | $2.1M | $544K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1466 | +0.027% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | −0.068% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1466 | +0.006% | $5K | $206K | 10x | as long as short |
| BloFin APE-USDT | +0.0110% | 8h | 0.1468 | +0.164% | $220K | $49K | 75x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0840% | 1h | 0.1475 | +0.641% | $99K | $7K | 25x | as long as short |
OKX APE-USDT-SWAP
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Coinbase International APE-PERP-INTX