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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.045%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$760.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.045%, 7d avg +0.004%
Together, before fees+0.057%+$6 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: Gate is 0.041% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance APEUSDT0.14750.0100pay 0.0100% / 8h39m 59s$4.1M$7.2M50x
ShortGate APE_USDT0.14760.0100get 0.0100% / 8h39m 59s$639K$313K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: +0.045% → +0.004%
$4.09
Slippage, 4 orders
−$50.96
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.87
Costs to cover
0.760%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 61 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, 14 min ago3.39 bp17.6 bp −$1874.9 bp −$749doesn't fitdoesn't fit
Sell Gate live order book, 61 min ago7.82 bp19.9 bp −$2086.2 bp −$862doesn'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%1h0.1476+0.040%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.289%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.598%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1477+0.133%$1.3M$388K5xas long as short
Aster APEUSDT+0.0100%8h0.1476+0.038%$123K$20K10xas long as short
Binance APEUSDTlong+0.0100%8h0.1475long leg$4.1M$7.2M50x
Bybit APEUSDT+0.0100%8h0.1476+0.018%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1475+0.004%$1.3M$1.5M20xas long as short
Gate APE_USDTshort+0.0100%8h0.1476+0.045%$639K$313K50x
MEXC APE_USDT+0.0100%8h0.1474−0.091%$4.2M$825K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APEUSDTM+0.0100%8h0.1475−0.023%$1.8M$3.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.1475−0.023%$2.1M$600K25xas long as short
BingX APE-USDT+0.0100%8h0.1477+0.112%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1478+0.195%$5K$14Kas long as short
BloFin APE-USDT+0.0101%8h0.1478+0.180%$218K$60K75xas long as short
Extended APE-USD+0.0104%1h0.1475−0.027%$4K$208K10xas long as short
dYdX APE-USD+0.0186%1h0.1479+0.262%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0231%1h0.1477+0.117%$401K$693K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0428%1h0.1477+0.112%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1104%1h0.1484+0.587%$100K$8K25xas long as short