Funding you earn now, next payment 02:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h +0.186%
Price spread now: Coinbase International against Binance+0.332%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days+0.727%+$73 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.332% dearer against Binance than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APEUSDT | 0.1478 | 0.0100 | pay 0.0100% / 8h | 5h 10m | $4.1M | $6.6M | 50x |
| Short | Coinbase International APE-PERP-INTX | 0.1483 | 0.0880 | get 0.0110% / 1h | 10m 35s | $100K | $8K | 25x |
Binance APEUSDT
Coinbase International APE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $163.8
- Price spread: +0.332% → 0.000%
- $33.18
- Slippage, 4 orders
- −$66.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $110.09
- Costs to cover
- 0.869%
- Break-even
- 2.3 days
Slippage from Binance: live order book, 13 min ago; Coinbase International: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 3.37 bp | 17.8 bp −$18 | 33.7 bp −$337 | 2756.8 bp −$275.7K | doesn't fit |
| Sell Coinbase International live order book, 8 min ago | 16.81 bp | 28.5 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
APE on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0178% | 1h | 0.1480 | +0.138% | $408K | $611K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1479 | +0.029% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.448% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.772% | $1K | $12K | 5.5x | as long as short |
| dYdX APE-USD | +0.0059% | 1h | 0.1478 | −0.040% | $9K | $5 | 5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1481 | +0.169% | $1.3M | $365K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1477 | −0.091% | $123K | $21K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1478 | long leg | $4.1M | $6.6M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1478 | −0.006% | $3.7M | $3.0M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1479 | +0.041% | $1.3M | $1.4M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1478 | −0.006% | $636K | $309K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1478 | −0.006% | $4.5M | $877K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1478 | −0.006% | $1.8M | $2.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1479 | +0.061% | $2.1M | $549K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | −0.006% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1477 | −0.050% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1478 | −0.024% | $4K | $206K | 10x | as long as short |
| BloFin APE-USDT | +0.0220% | 8h | 0.1479 | +0.061% | $222K | $57K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0427% | 1h | 0.1479 | +0.061% | $11K | $18K | 25x | as long as short |
| Coinbase International APE-PERP-INTXshort | +0.0880% | 1h | 0.1483 | +0.332% | $100K | $8K | 25x |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL