Funding you earn now, next payment 23:00 UTC+0.0334%/8h= +36.5% APRpaid last 24h +0.010%
Price spread now: Deribit against Binance+0.109%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 +$10 a day on $10k at the current rate, and Deribit is 0.109% dearer against Binance than usual: you sell high and buy low: +$11 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 | 0.1462 | 0.0100 | pay 0.0100% / 8h | 1h 15m | $4.1M | $6.2M | 50x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1464 | 0.0434 | get 0.0054% / 1h | 15m 46s | $11K | $18K | 25x |
Binance APEUSDT
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $70.04
- Price spread: +0.109% → 0.000%
- $10.88
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $63.92
- Costs to cover
- 0.170%
- Break-even
- 0.6 days
Slippage unknown: Binance: live order book, 8 min ago; Deribit: no order-book sample. Net counts fees only.
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, 8 min ago | 3.42 bp | 17.6 bp −$18 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
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 | −0.0427% | 1h | 0.1463 | +0.072% | $406K | $574K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1463 | +0.054% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.551% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.772% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0098% | 8h | 0.1461 | −0.096% | $221K | $48K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1466 | +0.218% | $1.3M | $366K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1463 | +0.034% | $122K | $22K | 10x | as long as short |
| Binance APEUSDTlong | +0.0100% | 8h | 0.1462 | long leg | $4.1M | $6.2M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1463 | +0.020% | $3.7M | $2.5M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1463 | +0.034% | $1.3M | $1.3M | 20x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
BloFin APE-USDT
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 | 0.1463 | +0.040% | $632K | $293K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1463 | +0.040% | $3.7M | $859K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1462 | −0.028% | $1.8M | $1.9M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1464 | +0.109% | $2.1M | $530K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1463 | +0.040% | — | $13.5M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1463 | +0.048% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1463 | +0.031% | $4K | $220K | 10x | as long as short |
| dYdX APE-USD | +0.0298% | 1h | 0.1460 | −0.144% | $9K | $5 | 5x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0434% | 1h | 0.1464 | +0.109% | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0688% | 1h | 0.1466 | +0.246% | $99K | $7K | 25x | as long as short |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
dYdX APE-USD
Coinbase International APE-PERP-INTX