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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against OKX+0.307%83s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.307%, 7d avg 0.000%
Together, before fees−0.434%−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.307% dearer against OKX than usual: you sell high and buy low (spread +0.307% now, against its 7-day average of 0.000%): +$31 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APE-USDT-SWAP0.14660.0100pay 0.0100% / 8h1h 35m$1.3M$1.5M20x
ShortBloFin APE-USDT0.14700.0087get 0.0087% / 8h1h 35m$216K$59K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$2.76
Price spread: +0.307% → 0.000%
$30.71
Slippage, 4 orders
−$75.02
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$69.07
Costs to cover
0.970%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 31 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 ago2.05 bp28.9 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 31 min ago3.40 bp9.4 bp −$936.7 bp −$367244.0 bp −$24.4Kdoesn'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%1h0.1465−0.059%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.728%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1465−0.034%$9K$21K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.971%$1K$12K5.5xas long as short
BloFin APE-USDTshort+0.0087%8h0.1470+0.307%$216K$59K75x
Hyperliquid APE+0.0100%1h0.1467+0.109%$1.3M$387K5xas long as short
Aster APEUSDT+0.0100%8h0.1465−0.034%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1465−0.034%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1465−0.055%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAPlong+0.0100%8h0.1466long leg$1.3M$1.5M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1465−0.034%$634K$314K50xas long as short
MEXC APE_USDT+0.0100%8h0.1465−0.034%$4.2M$871K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1464−0.102%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.1465−0.034%$2.1M$607K25xas long as short
BingX APE-USDT+0.0100%8h0.1465−0.034%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.14650.000%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1465−0.059%$8K$208K10xas long as short
Kraken Futures PF_APEUSD+0.0185%1h0.1467+0.079%$400K$665K20xas long as short
dYdX APE-USD+0.0203%1h0.1465−0.038%$9K5xas long as short
Coinbase International APE-PERP-INTX+0.1024%1h0.1477+0.785%$100K$8K25xas long as short