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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.086%
Price spread now: KuCoin against GMX−0.011%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1456L −0.0178% / S +0.0185%get 0.0022% / 1h10m 01s$1K100x
ShortKuCoin APEUSDTM0.14560.0100get 0.0100% / 8h4h 10m$1.9M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$58.34
Price spread: −0.011% → 0.000%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$33.24
Costs to cover
0.240%
Break-even
3.0 days
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago3.43 bp42.2 bp −$42150.8 bp −$1,508doesn't fitdoesn'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 exchanges

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%1h0.1456long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−15.188%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.368%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0097%8h0.1456−0.011%$216K$35K75xas long as short
Hyperliquid APE+0.0100%1h0.1460+0.243%$1.3M$308K5xas long as short
Aster APEUSDT+0.0100%8h0.1458+0.130%$121K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1458+0.126%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1457+0.085%$3.6M$2.6M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1459+0.168%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1456−0.045%$626K$278K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1456−0.011%$4.1M$742K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1456−0.011%$1.9M$4.7M50x
Bitget APEUSDT+0.0100%8h0.1457+0.058%$2.1M$590K25xas long as short
BingX APE-USDT+0.0100%8h0.1457+0.058%$5.3Mas long as short
Variational Omni APE+0.0100%8h0.1456−0.004%$5K$9Kas long as short
Extended APE-USD+0.0104%1h0.1457+0.051%$4K$277K10xas long as short
Kraken Futures PF_APEUSD+0.0125%1h0.1458+0.124%$402K$633K20xas long as short
dYdX APE-USD+0.0189%1h0.1457+0.039%$9K5xas long as short
Deribit APE_USDC-PERPETUAL+0.0437%1h0.1457+0.058%$3K$27K25xas long as short
Coinbase International APE-PERP-INTX+0.0936%1h0.1477+1.431%$99K$7K25xas long as short