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

APEX

all APEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC+1.056%7-day average +0.559% · you sell dearer than you buy
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$3053.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.462%−$46 · spread now +1.056%, 7d avg +0.559%
Together, before fees−0.448%−$45 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: ApeX Omni is 0.497% dearer against MEXC than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of +0.559%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APEX_USDT0.25580.0100pay 0.0050% / 4h2h 15m$588K$253K50x
ShortApeX Omni APEXUSDT0.25850.0100get 0.0013% / 1h15m 12s$138K$373K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: +1.056% → +0.559%
$49.68
Slippage, 4 orders
−$291.18
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$255.51
Costs to cover
3.052%
Break-even
never at this rate
Slippage from MEXC: live order book, 25 min ago; ApeX Omni: live order book, 32 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 MEXC live order book, 25 min ago9.82 bp28.1 bp −$28125.0 bp −$1,250912.5 bp −$91.2Kdoesn't fit
Sell ApeX Omni live order book, 32 min ago3.87 bp150.2 bp −$150doesn't fitdoesn't fitdoesn'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
Bybit APEXUSDT+0.0100%4h0.2562+0.156%$3.6M$1.2M25xas long as short
MEXC APEX_USDTlong+0.0100%4h0.2558long leg$588K$253K50x
BingX APEX-USDT+0.0100%4h0.2559+0.039%$1.3Mas long as short
Variational Omni APEX+0.0100%4h0.2558−0.016%$19K$5Kas long as short
ApeX Omni APEXUSDTshort+0.0100%1h0.2585+1.056%$138K$373K50x
BloFin APEX-USDT+0.0130%4h0.2557−0.039%$95K$3K25xas long as short
Hyperliquid APEX+0.0254%1h0.2565+0.281%$2.9M$110K3xas long as short
Lighter APEX+0.0392%1h0.2570+0.450%$58K$24K5xas long as short