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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0288%/8h= +31.6% APRpaid last 24h +0.087%
Price spread now: BloFin against GMX+0.088%51s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.088% dearer against GMX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1458L −0.0178% / S +0.0185%get 0.0022% / 1h10m 01s$1K100x
ShortBloFin APE-USDT0.14590.0111get 0.0111% / 8h1h 10m$221K$48K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GMX. 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
$60.55
Price spread: +0.088% → 0.000%
$8.78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$45.33
Costs to cover
0.240%
Break-even
1.8 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 65 min ago. 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 GMX no order-book sample
Sell BloFin live order book, 65 min ago6.84 bp25.7 bp −$2656.5 bp −$565306.4 bp −$30.6Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSD−0.0429%1h0.1457−0.084%$404K$574K20xas long as short
GMX APE/USD [APE-USDC]longL −0.0178% / S +0.0185%1h0.1458long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−15.280%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1455−0.187%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.469%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1459+0.054%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1456−0.140%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1456−0.086%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1456−0.152%$3.6M$2.6M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1456−0.118%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1456−0.145%$628K$293K50xas long as short
MEXC APE_USDT+0.0100%8h0.1455−0.187%$3.7M$862K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1455−0.187%$1.8M$1.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1456−0.118%$2.1M$531K25xas long as short
BingX APE-USDT+0.0100%8h0.1456−0.118%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1459+0.064%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1455−0.174%$4K$220K10xas long as short
BloFin APE-USDTshort+0.0111%8h0.1459+0.088%$221K$48K75x
dYdX APE-USD+0.0278%1h0.1459+0.074%$9K$55xas long as short
Coinbase International APE-PERP-INTX+0.0688%1h0.1466+0.568%$99K$7K25xas long as short