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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.023%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.023%, 7d avg −0.045%
Together, before fees−0.140%+ Points / potential airdropExtended: Active · farm board−$14 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 0.021% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APE-USDT0.14740.0100pay 0.0100% / 8h6h 03m$13.1M
ShortExtended APE-USD0.14740.0104get 0.0013% / 1h3m 58s$4K$202K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.023% → −0.045%
$2.15
Slippage, 4 orders
−$93.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$105.07
Costs to cover
1.081%
Break-even
882.5 days
Slippage from BingX: live order book, 4 min ago; Extended: live order book, 63 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, 4 min ago10.19 bp25.1 bp −$2579.1 bp −$791422.6 bp −$42.3Kdoesn't fit
Sell Extended live order book, 63 min ago5.73 bp30.3 bp −$30183.7 bp −$1,837doesn't fitdoesn't fit

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%1h0.1474−0.002%$409K$603K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473−0.076%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.216%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1473−0.068%$11K$18K25xas long as short
dYdX APE-USD+0.0012%1h0.1472−0.138%$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+0.170%$1.3M$373K5xas long as short
Aster APEUSDT+0.0100%8h0.1474+0.034%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.14740.000%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+0.014%$3.7M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1474+0.020%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1473−0.061%$633K$311K50xas long as short
MEXC APE_USDT+0.0100%8h0.14740.000%$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$557K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1474long leg$13.1M
Variational Omni APE+0.0100%8h0.1471−0.214%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1474−0.023%$4K$202K10x
Coinbase International APE-PERP-INTX+0.0904%1h0.14740.000%$99K$7K25xas long as short