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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against KuCoin−0.136%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.136%, 7d avg +0.044%
Together, before fees−0.051%−$5 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: BloFin is 0.180% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APEUSDTM0.14690.0100pay 0.0100% / 8h7h 36m$1.8M$2.3M50x
ShortBloFin APE-USDT0.14670.0104get 0.0104% / 8h7h 36m$221K$49K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.88
Price spread: −0.136% → +0.044%
−$18.04
Slippage, 4 orders
−$114.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$155.25
Costs to cover
1.381%
Break-even
1242.3 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 29 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, 10 min ago6.82 bp50.0 bp −$50157.8 bp −$1,578doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago10.28 bp23.6 bp −$2451.4 bp −$514316.2 bp −$31.6Kdoesn'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−0.0211%1h0.1470+0.065%$409K$600K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1470+0.046%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1469+0.019%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.931%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1470+0.068%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.195%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1472+0.170%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1469−0.008%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1470+0.046%$4.1M$6.3M50xas long as short
Bybit APEUSDT+0.0100%8h0.1470+0.054%$3.7M$2.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1470+0.061%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1469+0.007%$627K$299K50xas long as short
MEXC APE_USDT+0.0100%8h0.14690.000%$4.3M$948K50xas long as short
KuCoin APEUSDTMlong+0.0100%8h0.1469long leg$1.8M$2.3M50x
Bitget APEUSDT+0.0100%8h0.1470+0.068%$2.1M$549K25xas long as short
BingX APE-USDT+0.0100%8h0.14690.000%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1471+0.131%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1469−0.003%$6K$241K10xas long as short
BloFin APE-USDTshort+0.0104%8h0.1467−0.136%$221K$49K75x
Coinbase International APE-PERP-INTX+0.0840%1h0.1475+0.408%$99K$7K25xas long as short