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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0840%/8h= +92.0% APRnext payment +$1.05 per $10,000 · paid last 24h
Price spread now: Coinbase International against Reya+20.325%48s7-day average · 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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 20.325% dearer against Reya than usual: you sell high and buy low: +$2,032 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya APERUSDPERP0.12350get 0.0000% / 1h11m 19s
ShortCoinbase International APE-PERP-INTX0.14860.0840get 0.0105% / 1h11m 19s$100K$7K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$176.4
Price spread: +20.325% → 0.000%
$2,032.49
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$2,192.89
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: no order-book sample. 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 Reya no order-book sample
Sell Coinbase International no order-book sample
Reya and Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0210%1h0.1480+19.816%$410K$598K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1480+19.879%$1K100xas long as short
Reya APERUSDPERPlong0.0000%1h0.1235long leg
Injective APE/USDC PERP+0.0033%1h0.1378+11.580%$1K$12K5.5xas long as short
dYdX APE-USD+0.0040%1h0.1482+19.979%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1483+20.074%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1483+20.048%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1481+19.920%$4.2M$6.4M50xas long as short
Bybit APEUSDT+0.0100%8h0.1482+19.961%$3.6M$2.9M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1481+19.936%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1481+19.936%$633K$303K50xas long as short
MEXC APE_USDT+0.0100%8h0.1481+19.920%$4.4M$961K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1481+19.920%$1.8M$2.4M50xas long as short
Bitget APEUSDT+0.0100%8h0.1482+20.001%$2.1M$549K25xas long as short
BingX APE-USDT+0.0100%8h0.1482+20.001%$13.2Mas long as short
Variational Omni APE+0.0100%8h0.1480+19.856%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1482+19.990%$5K$206K10xas long as short
BloFin APE-USDT+0.0111%8h0.1484+20.163%$220K$50K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0426%1h0.1481+19.920%$11K$18K25xas long as short
Coinbase International APE-PERP-INTXshort+0.0840%1h0.1486+20.325%$100K$7K25x