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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against BloFin−0.118%66s7-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+0.010%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.118% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APEX-USDT0.25490.0155pay 0.0077% / 4h1h 58m$96K$3K25x
ShortBingX APEX-USDT0.25460.0100get 0.0050% / 4h1h 58m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$11.52
Price spread: −0.118% → 0.000%
−$11.77
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$45.29
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 1 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 BingX live order book, 1 min ago27.49 bp61.9 bp −$62215.8 bp −$2,158688.0 bp −$68.8K1013.0 bp −$506.5K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid APEX+0.0100%1h0.2551+0.090%$2.9M$125K3xas long as short
Bybit APEXUSDT+0.0100%4h0.2544−0.196%$3.5M$1.3M25xas long as short
MEXC APEX_USDT+0.0100%4h0.2547−0.078%$637K$243K50xas long as short
BingX APEX-USDTshort+0.0100%4h0.2546−0.118%$1.3M
Variational Omni APEX+0.0100%4h0.2546−0.102%$17K$8Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2545−0.157%$131K$305K50xas long as short
BloFin APEX-USDTlong+0.0155%4h0.2549long leg$96K$3K25x
Lighter APEX+0.0280%1h0.2557+0.298%$56K$22K5xas long as short