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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%
Price spread now: Deribit against BingX−0.068%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.068% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14740.0100pay 0.0100% / 8h5h 59m$13.1M
ShortDeribit APE_USDC-PERPETUAL0.14730get 0.0000% / 1h59m 47s$11K$18K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.068% → 0.000%
−$6.78
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Deribit: no order-book sample. Net counts fees only.

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, 8 min ago10.19 bp25.1 bp −$2579.1 bp −$791422.6 bp −$42.3Kdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APE on 19 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−0.0224%1h0.1474−0.004%$409K$600K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473−0.052%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.216%as long as short
Deribit APE_USDC-PERPETUALshort0.0000%1h0.1473−0.068%$11K$18K25x
dYdX APE-USD+0.0020%1h0.1474−0.034%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.513%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1477+0.237%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1474−0.004%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1474+0.032%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+0.034%$3.7M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1475+0.075%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1475+0.075%$634K$312K50xas long as short
MEXC APE_USDT+0.0100%8h0.1473−0.068%$4.4M$901K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1473−0.068%$1.8M$2.7M50xas long as short
Bitget APEUSDT+0.0100%8h0.14740.000%$2.1M$552K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1474long leg$13.1M
Variational Omni APE+0.0100%8h0.1473−0.079%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1474−0.026%$4K$202K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1477+0.204%$99K$7K25xas long as short