Funding you earn now, next payment 23:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.084%
Price spread now: Bitget against GMX+0.127%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.127% dearer against GMX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APE/USD [APE-USDC] | 0.1459 | L −0.0178% / S +0.0185% | get 0.0022% / 1h | 55m 32s | $1K | — | 100x |
| Short | Bitget APEUSDT | 0.1461 | 0.0100 | get 0.0100% / 8h | 1h 55m | $2.1M | $538K | 25x |
GMX APE/USD [APE-USDC]
Bitget APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- $58.34
- Price spread: +0.127% → 0.000%
- $12.68
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $47.01
- Costs to cover
- 0.240%
- Break-even
- 1.4 days
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 2 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 6.85 bp | 23.9 bp −$24 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
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 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 | −0.0429% | 1h | 0.1459 | −0.005% | $409K | $571K | 20x | as long as short |
| GMX APE/USD [APE-USDC]long | L −0.0178% / S +0.0185% | 1h | 0.1459 | long leg | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.361% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.561% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1464 | +0.298% | $1.3M | $371K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1457 | −0.122% | $121K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1461 | +0.127% | $4.1M | $6.1M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1462 | +0.161% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | +0.236% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1457 | −0.113% | $629K | $290K | 50x | as long as short |
Kraken Futures PF_APEUSD
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1462 | +0.195% | $3.8M | $843K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1457 | −0.147% | $1.8M | $1.8M | 50x | as long as short |
| Bitget APEUSDTshort | +0.0100% | 8h | 0.1461 | +0.127% | $2.1M | $538K | 25x | |
| BingX APE-USDT | +0.0100% | 8h | 0.1458 | −0.079% | — | $13.4M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1457 | −0.141% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1459 | +0.010% | $4K | $220K | 10x | as long as short |
| BloFin APE-USDT | +0.0106% | 8h | 0.1456 | −0.216% | $222K | $48K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0435% | 1h | 0.1460 | +0.058% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0613% | 1h | 0.1455 | −0.307% | $9K | $5 | 5x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1470 | +0.744% | $99K | $7K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Coinbase International APE-PERP-INTX