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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance0.000%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$960.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now 0.000%, 7d avg −0.037%
Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 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: Extended is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APEUSDT0.14680.0100pay 0.0100% / 8h7h 55m$4.1M$6.2M50x
ShortExtended APE-USD0.14680.0104get 0.0013% / 1h55m 17s$4K$216K10x

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: 0.000% → −0.037%
$3.65
Slippage, 4 orders
−$81.13
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$91.65
Costs to cover
0.961%
Break-even
770.7 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 17 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 ago3.43 bp18.8 bp −$1980.7 bp −$807doesn't fitdoesn't fit
Sell Extended live order book, 17 min ago5.84 bp28.4 bp −$28174.4 bp −$1,744doesn'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
Kraken Futures PF_APEUSD−0.0212%1h0.1468−0.063%$406K$590K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1468−0.051%$1K100xas long as short
dYdX APE-USD0.0000%1h0.1470+0.111%$9K$55xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.901%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1468−0.032%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.161%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1469+0.063%$1.3M$376K5xas long as short
Aster APEUSDT+0.0100%8h0.1470+0.080%$122K$22K10xas long as short
Binance APEUSDTlong+0.0100%8h0.1468long leg$4.1M$6.2M50x
Bybit APEUSDT+0.0100%8h0.1469+0.057%$3.7M$2.7M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1469+0.029%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1469+0.036%$637K$289K50xas long as short
MEXC APE_USDT+0.0100%8h0.1468−0.032%$4.1M$926K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1469+0.036%$1.8M$2.2M50xas long as short
Bitget APEUSDT+0.0100%8h0.1469+0.036%$2.1M$554K25xas long as short
BingX APE-USDT+0.0100%8h0.1469+0.036%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1470+0.125%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.14680.000%$4K$216K10x
BloFin APE-USDT+0.0119%8h0.1471+0.172%$220K$49K75xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1474+0.377%$99K$7K25xas long as short