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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against KuCoin−0.068%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.068%, 7d avg +0.023%
Together, before fees+0.104%+$10 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: Bitget is 0.091% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APEUSDTM0.14750.0100pay 0.0100% / 8h5h 41m$1.8M$2.7M50x
ShortBitget APEUSDT0.14740.0100get 0.0100% / 8h5h 41m$2.1M$549K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.068% → +0.023%
−$9.09
Slippage, 4 orders
−$126.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$159.23
Costs to cover
1.501%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 1 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 KuCoin live order book, 6 min ago6.81 bp50.6 bp −$51167.1 bp −$1,671doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.78 bp24.7 bp −$25184.7 bp −$1,847doesn'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
Kraken Futures PF_APEUSD−0.0178%1h0.1476+0.073%$409K$602K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1474−0.085%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.270%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.576%$1K$12K5.5xas long as short
dYdX APE-USD+0.0072%1h0.1474−0.064%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1477+0.102%$1.3M$373K5xas long as short
Aster APEUSDT+0.0100%8h0.1476+0.084%$123K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1474−0.075%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474−0.054%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1474−0.068%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1474−0.061%$635K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1473−0.136%$4.3M$849K50xas long as short
KuCoin APEUSDTMlong+0.0100%8h0.1475long leg$1.8M$2.7M50x
Bitget APEUSDTshort+0.0100%8h0.1474−0.068%$2.1M$549K25x
BingX APE-USDT+0.0100%8h0.1476+0.068%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1471−0.275%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1475−0.021%$8K$203K10xas long as short
BloFin APE-USDT+0.0117%8h0.1478+0.203%$221K$54K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0428%1h0.1477+0.136%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1482+0.475%$100K$7K25xas long as short