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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.24 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.234%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+0.011%+$1 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. MEXC is 0.234% cheaper against BloFin than usual: you would sell low and buy high (spread −0.234% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.011% in total) that is about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APEX-USDT0.25640.0051pay 0.0026% / 4h50m 53s$93K$2K25x
ShortMEXC APEX_USDT0.25580.0100get 0.0050% / 4h50m 53s$595K$243K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.29
Price spread: −0.234% → 0.000%
−$23.4
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$29.11
Costs to cover
0.160%
Break-even
26.8 days
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 19 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 MEXC live order book, 19 min ago7.82 bp36.4 bp −$36119.8 bp −$1,198637.4 bp −$63.7Kdoesn'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+0.0051%4h0.2564long leg$93K$2K25x
Bybit APEXUSDT+0.0100%4h0.2558−0.234%$3.6M$1.3M25xas long as short
MEXC APEX_USDTshort+0.0100%4h0.2558−0.234%$595K$243K50x
BingX APEX-USDT+0.0100%4h0.2559−0.195%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2560−0.150%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2557−0.273%$136K$469K50xas long as short
Lighter APEX+0.1312%1h0.2570+0.218%$54K$21K5xas long as short
Hyperliquid APEX+0.1545%1h0.2568+0.140%$2.9M$119K3xas long as short