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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against ApeX Omni+0.156%51s7-day average −0.574% · you sell dearer than you buy
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3453.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−0.185%−$19 · spread now +0.156%, 7d avg −0.574%
Together, before fees−0.199%−$20 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: MEXC is 0.730% dearer against ApeX Omni than usual: you sell high and buy low, +$73 on $10k if it goes back to its 7-day average of −0.574%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni APEXUSDT0.25680.0100pay 0.0013% / 1h24m 39s$137K$476K50x
ShortMEXC APEX_USDT0.25720.0100get 0.0050% / 4h2h 24m$595K$252K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against ApeX 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
$0
Price spread: +0.156% → −0.574%
$73.01
Slippage, 4 orders
−$330.87
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$271.86
Costs to cover
3.449%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 63 min ago; MEXC: live order book, 59 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 ApeX Omni live order book, 63 min ago52.29 bp166.1 bp −$166doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 59 min ago7.82 bp25.7 bp −$26120.9 bp −$1,209959.5 bp −$95.9Kdoesn't fit

APEX on 8 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
Bybit APEXUSDT+0.0100%4h0.2573+0.195%$3.6M$1.3M25xas long as short
MEXC APEX_USDTshort+0.0100%4h0.2572+0.156%$595K$252K50x
BingX APEX-USDT+0.0100%4h0.2573+0.195%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2569+0.055%$17K$4Kas long as short
ApeX Omni APEXUSDTlong+0.0100%1h0.2568long leg$137K$476K50x
BloFin APEX-USDT+0.0158%4h0.2572+0.156%$93K$2K25xas long as short
Hyperliquid APEX+0.1398%1h0.2583+0.596%$2.9M$118K3xas long as short
Lighter APEX+0.1616%1h0.2583+0.576%$54K$20K5xas long as short