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−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Variational Omni−5.347%61s7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.347% cheaper against Variational Omni than usual: you would sell low and buy high (−$535 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni APE0.14560.0100pay 0.0100% / 8h10m 21s$7K$12K
ShortInjective APE/USDC PERP0.13780.0033get 0.0004% / 1h10m 21s$1K$12K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −5.347% → 0.000%
−$534.67
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$548.69
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Injective: 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 Injective no order-book sample
Variational Omni and Injective: 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−0.0179%1h0.1459+0.204%$406K$581K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1458+0.136%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.172%as long as short
Injective APE/USDC PERPshort+0.0033%1h0.1378−5.347%$1K$12K5.5x
BloFin APE-USDT+0.0091%8h0.1456+0.011%$220K$48K75xas long as short
dYdX APE-USD+0.0098%1h0.1458+0.134%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1461+0.355%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1457+0.110%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1458+0.163%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1457+0.114%$3.6M$2.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1458+0.148%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1458+0.148%$629K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1458+0.148%$4.1M$927K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1457+0.080%$1.8M$2.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1459+0.217%$2.1M$544K25xas long as short
BingX APE-USDT+0.0100%8h0.1457+0.080%$13.5Mas long as short
Variational Omni APElong+0.0100%8h0.1456long leg$7K$12K
Extended APE-USD+0.0104%1h0.1458+0.143%$4K$219K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0436%1h0.1459+0.217%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0776%1h0.1464+0.561%$99K$7K25xas long as short