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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.079%
Price spread now: GMX against Gate−0.045%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.045% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate APE_USDT0.14800.0100pay 0.0100% / 8h6h 32m$636K$309K50x
ShortGMX APE/USD [APE-USDC]0.1479L −0.0178% / S +0.0185%pay 0.0023% / 1h32m 19s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$59.82
Price spread: −0.045% → 0.000%
−$4.53
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
−$91.35
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 34 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 34 min ago11.46 bp20.9 bp −$2192.7 bp −$927doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 19 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−0.0223%1h0.1479−0.054%$411K$606K20xas long as short
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1479−0.045%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.557%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1479−0.074%$11K$18K25xas long as short
dYdX APE-USD+0.0007%1h0.1480−0.015%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.898%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1481+0.088%$1.3M$378K5xas long as short
Aster APEUSDT+0.0100%8h0.1478−0.109%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1478−0.109%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1479−0.061%$3.7M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1480+0.014%$1.3M$1.4M20xas long as short
Gate APE_USDTlong+0.0100%8h0.1480long leg$636K$309K50x
MEXC APE_USDT+0.0100%8h0.1477−0.209%$4.3M$884K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1479−0.074%$1.8M$2.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1479−0.074%$2.1M$573K25xas long as short
BingX APE-USDT+0.0100%8h0.1478−0.142%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1481+0.076%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1478−0.129%$4K$204K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1484+0.263%$100K$7K25xas long as short