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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against BingX+0.068%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$850.850% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.068%, 7d avg 0.000%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14720.0100pay 0.0100% / 8h4h 20m$13.1M
ShortBloFin APE-USDT0.14730.0127get 0.0127% / 8h4h 20m$216K$58K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$5.71
Price spread: +0.068% → 0.000%
$6.81
Slippage, 4 orders
−$62.98
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$72.47
Costs to cover
0.850%
Break-even
95.9 days
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 1 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 BingX live order book, 3 min ago10.18 bp23.3 bp −$2373.2 bp −$732426.8 bp −$42.7Kdoesn't fit
Sell BloFin live order book, 1 min ago3.40 bp13.4 bp −$1349.4 bp −$494306.6 bp −$30.7Kdoesn'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%1h0.1471−0.043%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.100%as long as short
dYdX APE-USD+0.0011%1h0.1472−0.020%$9K$55xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1475+0.184%$408K$615K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.386%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1475+0.224%$1.3M$363K5xas long as short
Aster APEUSDT+0.0100%8h0.1472+0.001%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1472+0.002%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.14720.000%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1471−0.041%$1.3M$1.4M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.14720.000%$635K$306K50xas long as short
MEXC APE_USDT+0.0100%8h0.1473+0.068%$4.4M$867K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.14720.000%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1473+0.068%$2.1M$560K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1472long leg$13.1M
Variational Omni APE+0.0100%8h0.1471−0.052%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1472+0.033%$8K$208K10xas long as short
BloFin APE-USDTshort+0.0127%8h0.1473+0.068%$216K$58K75x
Deribit APE_USDC-PERPETUAL+0.0430%1h0.14720.000%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+0.543%$100K$8K25xas long as short