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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.015%
Price spread now: KuCoin against Injective+6.386%70s7-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 4 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 +$2 a day on $10k at the current rate, and KuCoin is 6.386% dearer against Injective than usual: you sell high and buy low: +$639 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APE/USDC PERP0.13780.0033pay 0.0004% / 1h52m 08s$1K$12K5.5x
ShortKuCoin APEUSDTM0.14660.0100get 0.0100% / 8h52m 08s$1.8M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
$14
Price spread: +6.386% → 0.000%
$638.61
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$640.59
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 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 Injective no order-book sample
Sell KuCoin live order book, 4 min ago6.84 bp46.2 bp −$46149.3 bp −$1,493doesn't fitdoesn't fit
Injective: 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]L −0.0178% / S +0.0185%1h0.1467+6.443%$1K100xas long as short
Kraken Futures PF_APEUSD−0.0178%1h0.1467+6.459%$409K$576K20xas long as short
dYdX APE-USD0.0000%1h0.1467+6.478%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−10.379%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1467+6.459%$11K$18K25xas long as short
Injective APE/USDC PERPlong+0.0033%1h0.1378long leg$1K$12K5.5x
Hyperliquid APE+0.0100%1h0.1469+6.626%$1.3M$368K5xas long as short
Aster APEUSDT+0.0100%8h0.1467+6.484%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1467+6.429%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1467+6.480%$3.6M$2.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1467+6.437%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1468+6.502%$633K$291K50xas long as short
MEXC APE_USDT+0.0100%8h0.1466+6.386%$4.1M$922K50xas long as short
KuCoin APEUSDTMshort+0.0100%8h0.1466+6.386%$1.8M$2.0M50x
Bitget APEUSDT+0.0100%8h0.1467+6.459%$2.1M$539K25xas long as short
BingX APE-USDT+0.0100%8h0.1468+6.531%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1463+6.187%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1467+6.426%$4K$219K10xas long as short
BloFin APE-USDT+0.0115%8h0.1468+6.531%$221K$48K75xas long as short
Coinbase International APE-PERP-INTX+0.0776%1h0.1470+6.676%$99K$7K25xas long as short