Funding you earn now, next payment 07:00 UTC+0.0608%/8h= +66.5% APRnext payment +$0.76 per $10,000 · paid last 24h +0.113%
Price spread now: Deribit against GMX+0.070%7-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 +$18 a day on $10k at the current rate, and Deribit is 0.070% dearer against GMX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APE/USD [APE-USDC] | 0.1471 | L −0.0178% / S +0.0185% | get 0.0022% / 1h | 59m 17s | $1K | — | 100x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1472 | 0.0430 | get 0.0054% / 1h | 59m 17s | $9K | $21K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $127.6
- Price spread: +0.070% → 0.000%
- $7
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $115.6
- Costs to cover
- 0.190%
- Break-even
- 0.7 days
Slippage unknown: GMX: no order-book sample; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
GMX and Deribit: 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 | 0.1471 | long leg | $1K | — | 100x | |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.038% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.320% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0089% | 8h | 0.1472 | +0.070% | $215K | $59K | 75x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | +0.025% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1473 | +0.113% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1472 | +0.036% | $3.6M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1472 | +0.097% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1472 | +0.070% | $637K | $312K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1472 | +0.070% | $4.2M | $868K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1472 | +0.070% | $1.8M | $3.7M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1473 | +0.138% | $2.1M | $619K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1472 | +0.070% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1474 | +0.177% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1472 | +0.043% | $4K | $203K | 10x | as long as short |
| dYdX APE-USD | +0.0147% | 1h | 0.1471 | +0.016% | $9K | — | 5x | as long as short |
| Kraken Futures PF_APEUSD | +0.0184% | 1h | 0.1472 | +0.047% | $401K | $661K | 20x | as long as short |
| Hyperliquid APE | +0.0261% | 1h | 0.1475 | +0.254% | $1.3M | $389K | 5x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0430% | 1h | 0.1472 | +0.070% | $9K | $21K | 25x | |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1477 | +0.410% | $100K | $8K | 25x | as long as short |
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD
Hyperliquid APE
Coinbase International APE-PERP-INTX