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: Bybit against BingX+0.082%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$960.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days−0.075%−$8 · spread now +0.082%, 7d avg −0.020%
Together, before fees−0.096%−$10 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: Bybit is 0.102% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14630.0100pay 0.0100% / 8h4h 43m$13.1M
ShortBybit APEUSDT0.14640.0100get 0.0100% / 8h4h 43m$3.6M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.082% → −0.020%
$10.24
Slippage, 4 orders
−$74.58
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$85.34
Costs to cover
0.956%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 4 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, 10 min ago10.22 bp24.8 bp −$2581.0 bp −$810481.7 bp −$48.2Kdoesn't fit
Sell Bybit live order book, 4 min ago4.11 bp22.4 bp −$2274.4 bp −$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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1466+0.186%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.585%as long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1466+0.190%$405K$614K20xas long as short
dYdX APE-USD+0.0014%1h0.1464+0.049%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.810%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0091%8h0.1458−0.342%$219K$57K75xas long as short
Hyperliquid APE+0.0100%1h0.1466+0.185%$1.3M$362K5xas long as short
Aster APEUSDT+0.0100%8h0.1464+0.069%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1464+0.068%$4.1M$6.6M50xas long as short
Bybit APEUSDTshort+0.0100%8h0.1464+0.082%$3.6M$3.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1463+0.014%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1464+0.068%$631K$304K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464+0.068%$4.4M$866K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.14630.000%$1.8M$3.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.14630.000%$2.1M$559K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1463long leg$13.1M
Variational Omni APE+0.0100%8h0.1460−0.224%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1463+0.027%$4K$206K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1466+0.205%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1465+0.137%$99K$7K25xas long as short