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

APE

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Alert: funding
Alert: spread
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
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 +$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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1471L −0.0178% / S +0.0185%get 0.0022% / 1h59m 17s$1K100x
ShortDeribit APE_USDC-PERPETUAL0.14720.0430get 0.0054% / 1h59m 17s$9K$21K25x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX APE/USD [APE-USDC]longL −0.0178% / S +0.0185%1h0.1471long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.038%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.320%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0089%8h0.1472+0.070%$215K$59K75xas long as short
Aster APEUSDT+0.0100%8h0.1471+0.025%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1473+0.113%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1472+0.036%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1472+0.097%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1472+0.070%$637K$312K50xas long as short
MEXC APE_USDT+0.0100%8h0.1472+0.070%$4.2M$868K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1472+0.070%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1473+0.138%$2.1M$619K25xas long as short
BingX APE-USDT+0.0100%8h0.1472+0.070%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1474+0.177%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1472+0.043%$4K$203K10xas long as short
dYdX APE-USD+0.0147%1h0.1471+0.016%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0184%1h0.1472+0.047%$401K$661K20xas long as short
Hyperliquid APE+0.0261%1h0.1475+0.254%$1.3M$389K5xas long as short
Deribit APE_USDC-PERPETUALshort+0.0430%1h0.1472+0.070%$9K$21K25x
Coinbase International APE-PERP-INTX+0.1024%1h0.1477+0.410%$100K$8K25xas long as short