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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0836%/8h= +91.5% APRpaid last 24h +0.194%
Price spread now: Coinbase International against MEXC+0.752%7-day average +0.412% · 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 7 days+0.769%+$77 on $10k
Price spread, last 4 days (all we have)−0.390%−$39 · spread now +0.752%, 7d avg +0.412%
Together, before fees+0.379%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 0.341% dearer against MEXC than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.412%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APE_USDT0.14620.0100pay 0.0100% / 8h2h 19m$4.2M$877K50x
ShortCoinbase International APE-PERP-INTX0.14730.0936get 0.0117% / 1h19m 32s$99K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
$175.56
Price spread: +0.752% → +0.412%
$34.07
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$199.63
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: MEXC: live order book, 3 min ago; Coinbase International: live order book, 24 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 MEXC live order book, 3 min ago3.42 bp6.9 bp −$741.5 bp −$415176.7 bp −$17.7K218.3 bp −$109.2K
Sell Coinbase International live order book, 24 min ago13.59 bp38.8 bp −$39doesn'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%1h0.1463+0.053%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.524%as long as short
Kraken Futures PF_APEUSD+0.0027%1h0.1463+0.102%$399K$657K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.746%$1K$12K5.5xas long as short
dYdX APE-USD+0.0095%1h0.1463+0.073%$9K$55xas long as short
Aster APEUSDT+0.0100%8h0.1463+0.073%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1463+0.073%$4.0M$7.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1463+0.075%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1464+0.171%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1463+0.089%$632K$319K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDTlong+0.0100%8h0.1462long leg$4.2M$877K50x
KuCoin APEUSDTM+0.0100%8h0.14620.000%$1.8M$3.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1463+0.068%$2.1M$611K25xas long as short
BingX APE-USDT+0.0100%8h0.1463+0.068%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.223%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1463+0.048%$4K$208K10xas long as short
Hyperliquid APE+0.0112%1h0.1465+0.219%$1.3M$388K5xas long as short
BloFin APE-USDT+0.0120%8h0.1458−0.274%$215K$58K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0434%1h0.1463+0.068%$9K$21K25xas long as short
Coinbase International APE-PERP-INTXshort+0.0936%1h0.1473+0.752%$99K$8K25x