Funding you earn now, next payment 03:00 UTC+0.1034%/8h= +113.2% APRnext payment +$1.29 per $10,000 · paid last 24h +0.275%
Price spread now: Coinbase International against GMX+0.436%53s7-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 +$31 a day on $10k at the current rate, and Coinbase International is 0.436% dearer against GMX than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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] | 0.1474 | L −0.0178% / S +0.0185% | get 0.0022% / 1h | 27m 26s | $1K | — | 100x |
| Short | Coinbase International APE-PERP-INTX | 0.1480 | 0.0856 | get 0.0107% / 1h | 27m 26s | $100K | $8K | 25x |
GMX APE/USD [APE-USDC]
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $217.1
- Price spread: +0.436% → 0.000%
- $43.64
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $238.73
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 51 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 Coinbase International live order book, 51 min ago | 16.81 bp | 28.5 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC]long | L −0.0178% / S +0.0185% | 1h | 0.1474 | long leg | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.190% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1474 | +0.029% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0008% | 1h | 0.1474 | +0.013% | $9K | $5 | 5x | as long as short |
| Kraken Futures PF_APEUSD | +0.0011% | 1h | 0.1477 | +0.215% | $409K | $615K | 20x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.486% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1476 | +0.185% | $1.3M | $362K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1474 | +0.058% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1474 | +0.029% | $4.1M | $6.7M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1473 | −0.012% | $3.6M | $3.0M | 50x | as long as short |
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
dYdX APE-USD
Kraken Futures PF_APEUSD
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 | 0.1474 | +0.029% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1475 | +0.097% | $636K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1473 | −0.039% | $4.4M | $867K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1474 | +0.029% | $1.8M | $3.0M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1474 | +0.029% | $2.1M | $560K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1474 | +0.029% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1474 | +0.035% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1474 | +0.002% | $8K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0128% | 8h | 0.1477 | +0.233% | $219K | $58K | 75x | as long as short |
| Coinbase International APE-PERP-INTXshort | +0.0856% | 1h | 0.1480 | +0.436% | $100K | $8K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT