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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.026%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.026%, 7d avg −0.037%
Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APEUSDT0.14690.0100pay 0.0100% / 8h1h 55m$4.1M$7.2M50x
ShortExtended APE-USD0.14690.0104get 0.0013% / 1h55m 41s$4K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.84
Price spread: −0.026% → −0.037%
$1.1
Slippage, 4 orders
−$78.88
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$91.94
Costs to cover
0.939%
Break-even
773.1 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 51 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 Binance live order book, 13 min ago3.39 bp21.4 bp −$2188.1 bp −$881doesn't fitdoesn't fit
Sell Extended live order book, 51 min ago5.76 bp26.8 bp −$27169.4 bp −$1,694doesn't fitdoesn't fit

APE on 20 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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1469−0.031%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.928%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.195%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1472+0.170%$1.3M$389K5xas long as short
Aster APEUSDT+0.0100%8h0.1469−0.007%$122K$20K10xas long as short
Binance APEUSDTlong+0.0100%8h0.1469long leg$4.1M$7.2M50x
Bybit APEUSDT+0.0100%8h0.1469−0.034%$3.6M$3.1M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.14690.000%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.14690.000%$636K$313K50xas long as short
MEXC APE_USDT+0.0100%8h0.1468−0.068%$4.2M$868K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.14690.000%$1.8M$3.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.14690.000%$2.1M$620K25xas long as short
BingX APE-USDT+0.0100%8h0.14690.000%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1469+0.034%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1469−0.026%$4K$203K10x
BloFin APE-USDT+0.0122%8h0.1474+0.340%$215K$59K75xas long as short
Kraken Futures PF_APEUSD+0.0185%1h0.1470+0.054%$400K$663K20xas long as short
dYdX APE-USD+0.0360%1h0.1468−0.037%$9K5xas long as short
Deribit APE_USDC-PERPETUAL+0.0431%1h0.14690.000%$9K$21K25xas long as short
Coinbase International APE-PERP-INTX+0.1024%1h0.1477+0.545%$100K$8K25xas long as short