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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: OKX against Hyperliquid−0.061%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$970.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 7 days−0.057%−$6 · spread now −0.061%, 7d avg −0.094%
Together, before fees−0.139%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.033% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APE0.14840.0100pay 0.0013% / 1h33m 18s$1.3M$370K5x
ShortOKX APE-USDT-SWAP0.14830.0100get 0.0100% / 8h3h 33m$1.3M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.061% → −0.094%
$3.32
Slippage, 4 orders
−$77.84
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$93.53
Costs to cover
0.968%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago1.69 bp23.8 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago5.38 bp26.4 bp −$26doesn't fitdoesn't fitdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1483−0.101%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.782%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.149%$1K$12K5.5xas long as short
Hyperliquid APElong+0.0100%1h0.1484long leg$1.3M$370K5x
Aster APEUSDT+0.0100%8h0.1483−0.078%$124K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1483−0.076%$4.1M$6.8M50xas long as short
Bybit APEUSDT+0.0100%8h0.1483−0.094%$3.7M$3.1M50xas long as short
OKX APE-USDT-SWAPshort+0.0100%8h0.1483−0.061%$1.3M$1.4M20x
Gate APE_USDT+0.0100%8h0.1484−0.007%$638K$310K50xas long as short
MEXC APE_USDT+0.0100%8h0.1482−0.141%$4.5M$868K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1483−0.074%$1.8M$3.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.1483−0.074%$2.1M$563K25xas long as short
BingX APE-USDT+0.0100%8h0.1483−0.074%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1486+0.144%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1482−0.122%$4K$205K10xas long as short
dYdX APE-USD+0.0104%1h0.1484+0.010%$9K$55xas long as short
BloFin APE-USDT+0.0192%8h0.1482−0.141%$216K$58K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0425%1h0.1483−0.074%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1486+0.128%$100K$8K25xas long as short
Kraken Futures PF_APEUSD+0.0979%1h0.1483−0.084%$403K$641K20xas long as short