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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.078%
Price spread now: GMX against Variational Omni+0.138%50s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. GMX is 0.138% dearer against Variational Omni than usual: you sell high and buy low (spread +0.138% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 39 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APE0.14700.0100pay 0.0100% / 8h7h 42m$7K$12K
ShortGMX APE/USD [APE-USDC]0.1472L −0.0178% / S +0.0185%pay 0.0023% / 1h42m 34s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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
−$59.77
Price spread: +0.138% → 0.000%
$13.8
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$57.97
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; GMX: 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 Variational Omni no order-book sample
Sell GMX no order-book sample
Variational Omni and GMX: 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−0.0211%1h0.1472+0.141%$411K$602K20xas long as short
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1472+0.138%$1K100x
dYdX APE-USD0.0000%1h0.1471+0.130%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.961%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1472+0.169%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.228%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1472+0.196%$1.3M$371K5xas long as short
Aster APEUSDT+0.0100%8h0.1472+0.139%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1471+0.123%$4.2M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1471+0.121%$3.7M$2.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1471+0.121%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1472+0.175%$628K$298K50xas long as short
MEXC APE_USDT+0.0100%8h0.1471+0.101%$4.1M$927K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1471+0.101%$1.8M$2.3M50xas long as short
Bitget APEUSDT+0.0100%8h0.1472+0.169%$2.1M$553K25xas long as short
BingX APE-USDT+0.0100%8h0.1471+0.101%$13.0Mas long as short
Variational Omni APElong+0.0100%8h0.1470long leg$7K$12K
BloFin APE-USDT+0.0101%8h0.1470+0.033%$221K$49K75xas long as short
Extended APE-USD+0.0104%1h0.1471+0.100%$7K$251K10xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1473+0.237%$99K$7K25xas long as short