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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: BloFin against Hyperliquid−0.082%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 3 days (all we have)−0.055%−$5 · spread now −0.082%, 7d avg −0.080%
Together, before fees−0.123%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APE0.14620.0100pay 0.0013% / 1h35m 02s$1.3M$369K5x
ShortBloFin APE-USDT0.14610.0100get 0.0100% / 8h35m 02s$222K$48K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
−$0.09
Price spread: −0.082% → −0.080%
−$0.18
Slippage, 4 orders
−$53.27
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$74.54
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; BloFin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago1.71 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago3.43 bp16.2 bp −$1645.2 bp −$452313.0 bp −$31.3Kdoesn't fit

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−0.0178%1h0.1461−0.101%$405K$578K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1460−0.166%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.541%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.758%$1K$12K5.5xas long as short
dYdX APE-USD+0.0070%1h0.1461−0.092%$9K$55xas long as short
BloFin APE-USDTshort+0.0100%8h0.1461−0.082%$222K$48K75x
Hyperliquid APElong+0.0100%1h0.1462long leg$1.3M$369K5x
Aster APEUSDT+0.0100%8h0.1460−0.173%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1460−0.140%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1459−0.205%$3.6M$2.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1459−0.219%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1462−0.041%$631K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1460−0.150%$4.1M$923K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1460−0.150%$1.8M$2.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.1460−0.150%$2.1M$543K25xas long as short
BingX APE-USDT+0.0100%8h0.1460−0.150%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.196%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1461−0.101%$4K$219K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0435%1h0.1460−0.150%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0776%1h0.1470+0.533%$99K$7K25xas long as short