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

APEX

all APEX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.156%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1581.581% 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)+0.012%+$1 · spread now −0.156%, 7d avg −0.002%
Together, before fees+0.012%+$1 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 0.154% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEXUSDT0.25680.0100pay 0.0050% / 4h1h 36m$3.6M$1.3M25x
ShortMEXC APEX_USDT0.25640.0100get 0.0050% / 4h1h 36m$604K$250K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: −0.156% → −0.002%
−$15.41
Slippage, 4 orders
−$143.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$173.47
Costs to cover
1.581%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 39 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 Bybit live order book, 1 min ago9.74 bp61.9 bp −$62696.2 bp −$6,962doesn't fitdoesn't fit
Sell MEXC live order book, 39 min ago3.90 bp26.4 bp −$26122.7 bp −$1,2271049.3 bp −$104.9Kdoesn'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+0.0075%4h0.2569+0.039%$93K$2K25xas long as short
Bybit APEXUSDTlong+0.0100%4h0.2568long leg$3.6M$1.3M25x
MEXC APEX_USDTshort+0.0100%4h0.2564−0.156%$604K$250K50x
BingX APEX-USDT+0.0100%4h0.2564−0.156%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2574+0.242%$19K$6Kas long as short
ApeX Omni APEXUSDT+0.0100%1h0.2567−0.039%$137K$471K50xas long as short
Lighter APEX+0.2008%1h0.2577+0.343%$54K$21K5xas long as short
Hyperliquid APEX+0.2097%1h0.2576+0.300%$2.9M$118K3xas long as short