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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.012%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.012%, 7d avg +0.009%
Together, before fees−0.011%−$1 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: Binance is 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APE-USDT-SWAP0.14540.0100pay 0.0100% / 8h2h 45m$1.2M$1.3M20x
ShortBinance APEUSDT0.14540.0100get 0.0100% / 8h2h 45m$4.1M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: −0.012% → +0.009%
−$2.18
Slippage, 4 orders
−$71.94
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$94.12
Costs to cover
0.919%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: 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 OKX live order book, 1 min ago1.03 bp30.0 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.44 bp17.6 bp −$1855.1 bp −$5511088.4 bp −$108.8Kdoesn'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%1h0.1454−0.030%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1454−0.031%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.059%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.14540.000%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.227%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1455+0.055%$1.3M$369K5xas long as short
Aster APEUSDT+0.0100%8h0.1454−0.028%$121K$22K10xas long as short
Binance APEUSDTshort+0.0100%8h0.1454−0.012%$4.1M$6.1M50x
Bybit APEUSDT+0.0100%8h0.1455+0.048%$3.6M$2.5M50xas long as short
OKX APE-USDT-SWAPlong+0.0100%8h0.1454long leg$1.2M$1.3M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1453−0.069%$626K$286K50xas long as short
MEXC APE_USDT+0.0100%8h0.1453−0.069%$3.8M$857K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1452−0.138%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.14540.000%$2.1M$540K25xas long as short
BingX APE-USDT+0.0100%8h0.14540.000%$13.4Mas long as short
Variational Omni APE+0.0100%8h0.1454−0.020%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1453−0.045%$4K$220K10xas long as short
BloFin APE-USDT+0.0114%8h0.1452−0.138%$223K$46K75xas long as short
Kraken Futures PF_APEUSD+0.0156%1h0.1454−0.022%$408K$574K20xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1458+0.275%$98K$7K25xas long as short