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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.061%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1501.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.061%, 7d avg −0.040%
Together, before fees−0.074%−$7 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 0.101% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate APE_USDT0.14700.0100pay 0.0100% / 8h7h 22m$636K$308K50x
ShortKuCoin APEUSDTM0.14710.0100get 0.0100% / 8h7h 22m$1.8M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.061% → −0.040%
$10.11
Slippage, 4 orders
−$122.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$139.4
Costs to cover
1.495%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; KuCoin: live order book, 5 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, 8 min ago9.27 bp21.4 bp −$21110.5 bp −$1,105doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.85 bp54.6 bp −$55202.2 bp −$2,022doesn'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%1h0.1468−0.164%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1469−0.049%$9K5xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.990%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.265%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0071%8h0.1465−0.347%$217K$59K75xas long as short
Hyperliquid APE+0.0100%1h0.1471+0.082%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1470+0.018%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1471+0.061%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1471+0.054%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1471+0.048%$1.3M$1.5M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDTlong+0.0100%8h0.1470long leg$636K$308K50x
MEXC APE_USDT+0.0100%8h0.1470−0.007%$4.2M$763K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1471+0.061%$1.8M$4.2M50x
Bitget APEUSDT+0.0100%8h0.1471+0.061%$2.1M$603K25xas long as short
BingX APE-USDT+0.0100%8h0.1471+0.061%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1458−0.842%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1471+0.035%$4K$208K10xas long as short
Kraken Futures PF_APEUSD+0.0355%1h0.1469−0.058%$403K$691K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0431%1h0.1469−0.075%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1471+0.061%$99K$8K25xas long as short