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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.039%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1981.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.039%, 7d avg −0.005%
Together, before fees−0.168%−$17 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 0.043% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APEX-USDT0.25850.0100pay 0.0050% / 4h1h 41m$1.3M
ShortMEXC APEX_USDT0.25860.0100get 0.0050% / 4h1h 41m$580K$247K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: +0.039% → −0.005%
$4.32
Slippage, 4 orders
−$183.65
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$193.33
Costs to cover
1.976%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 14 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 BingX live order book, 4 min ago27.11 bp75.8 bp −$76288.2 bp −$2,882653.7 bp −$65.4K965.1 bp −$482.6K
Sell MEXC live order book, 14 min ago7.72 bp23.9 bp −$24123.3 bp −$1,233752.1 bp −$75.2Kdoesn'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
BloFin APEX-USDT+0.0057%4h0.2581−0.155%$94K$3K25xas long as short
Bybit APEXUSDT+0.0100%4h0.2584−0.039%$3.6M$1.3M25xas long as short
MEXC APEX_USDTshort+0.0100%4h0.2586+0.039%$580K$247K50x
BingX APEX-USDTlong+0.0100%4h0.2585long leg$1.3M
Variational Omni APEX+0.0100%4h0.2577−0.308%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2580−0.193%$137K$424K50xas long as short
Lighter APEX+0.1168%1h0.2597+0.460%$57K$21K5xas long as short
Hyperliquid APEX+0.1501%1h0.2594+0.329%$2.9M$116K3xas long as short