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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against BloFin−0.076%7-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 7 days+0.023%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.076% cheaper against BloFin than usual: you would sell low and buy high (spread −0.076% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.023% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APEX-USDT0.26170.0060pay 0.0030% / 4h1h 33m$94K$3K25x
ShortApeX Omni APEXUSDT0.26150.0100get 0.0013% / 1h33m 44s$139K$362K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
$8.37
Price spread: −0.076% → 0.000%
−$7.64
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$21.27
Costs to cover
0.220%
Break-even
24.8 days
Slippage unknown: BloFin: no order-book sample; ApeX Omni: live order book, 9 min ago. 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 BloFin no order-book sample
Sell ApeX Omni live order book, 9 min ago64.96 bp131.2 bp −$131doesn't fitdoesn't fitdoesn't fit
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-USDTlong+0.0060%4h0.2617long leg$94K$3K25x
Bybit APEXUSDT+0.0100%4h0.2618+0.038%$3.7M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2616−0.038%$609K$245K50xas long as short
BingX APEX-USDT+0.0100%4h0.26170.000%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2615−0.094%$19K$5Kas long as short
ApeX Omni APEXUSDTshort+0.0100%1h0.2615−0.076%$139K$362K50x
Hyperliquid APEX+0.0781%1h0.2625+0.317%$3.0M$110K3xas long as short
Lighter APEX+0.1896%1h0.2626+0.340%$59K$24K5xas long as short