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: Hyperliquid against MEXC+0.101%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days+0.019%+$2 · spread now +0.101%, 7d avg +0.090%
Together, before fees+0.112%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APE_USDT0.14830.0100pay 0.0100% / 8h3h 32m$4.5M$868K50x
ShortHyperliquid APE0.14840.0100get 0.0013% / 1h32m 45s$1.3M$370K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.101% → +0.090%
$1.12
Slippage, 4 orders
−$45.22
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$53.1
Costs to cover
0.542%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 8 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 MEXC live order book, 5 min ago3.36 bp6.7 bp −$744.2 bp −$442184.2 bp −$18.4K233.0 bp −$116.5K
Sell Hyperliquid live order book, 8 min ago1.69 bp18.3 bp −$18doesn'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%1h0.1483−0.027%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.720%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.080%$1K$12K5.5xas long as short
Hyperliquid APEshort+0.0100%1h0.1484+0.101%$1.3M$370K5x
Aster APEUSDT+0.0100%8h0.1483−0.015%$124K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1483+0.032%$4.1M$6.8M50xas long as short
Bybit APEUSDT+0.0100%8h0.1482−0.040%$3.7M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1483+0.013%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1484+0.067%$638K$310K50xas long as short
MEXC APE_USDTlong+0.0100%8h0.1483long leg$4.5M$868K50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.14830.000%$1.8M$3.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.14830.000%$2.1M$563K25xas long as short
BingX APE-USDT+0.0100%8h0.14830.000%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1486+0.218%$8K$12Kas long as short
dYdX APE-USD+0.0100%1h0.1484+0.085%$9K$55xas long as short
Extended APE-USD+0.0104%1h0.1483+0.011%$4K$205K10xas long as short
BloFin APE-USDT+0.0192%8h0.1482−0.067%$216K$58K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0425%1h0.14830.000%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1486+0.202%$100K$8K25xas long as short
Kraken Futures PF_APEUSD+0.0979%1h0.1483−0.010%$403K$641K20xas long as short