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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRnext payment $0.18 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX+0.116%7-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 days−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.116% dearer against BingX than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.010% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APEX-USDT0.25930.0100pay 0.0050% / 4h3h 16m$1.3M
ShortBloFin APEX-USDT0.25960.0063get 0.0032% / 4h3h 16m$93K$2K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$7.75
Price spread: +0.116% → 0.000%
$11.57
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.18
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; BloFin: 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 BingX live order book, 12 min ago26.87 bp82.3 bp −$82213.0 bp −$2,130438.8 bp −$43.9K797.7 bp −$398.9K
Sell BloFin no order-book sample
BloFin: 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.

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
BloFin APEX-USDTshort+0.0063%4h0.2596+0.116%$93K$2K25x
Bybit APEXUSDT+0.0100%4h0.2594+0.039%$3.6M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2589−0.154%$603K$245K50xas long as short
BingX APEX-USDTlong+0.0100%4h0.2593long leg$1.3M
Variational Omni APEX+0.0100%4h0.2599+0.234%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2600+0.270%$139K$457K50xas long as short
Hyperliquid APEX+0.1847%1h0.2599+0.224%$2.9M$118K3xas long as short
Lighter APEX+0.2072%1h0.2599+0.224%$55K$21K5xas long as short