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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0285%/8h= −31.2% APRpaid last 24h −0.077%
Price spread now: GMX against BingX−0.210%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 3 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 −$9 a day on $10k at the current rate, and GMX is 0.210% cheaper against BingX than usual: you would sell low and buy high (−$21 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-USDT0.14550.0100pay 0.0100% / 8h2h 03m$13.4M
ShortGMX APE/USD [APE-USDC]0.1452L −0.0178% / S +0.0185%pay 0.0023% / 1h3m 30s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$59.77
Price spread: −0.210% → 0.000%
−$20.96
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$102.73
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; GMX: 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, 5 min ago6.87 bp20.8 bp −$2168.5 bp −$685426.1 bp −$42.6Kdoesn't fit
Sell GMX no order-book sample
GMX: 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 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]shortL −0.0178% / S +0.0185%1h0.1452−0.210%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−15.121%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.292%$1K$12K5.5xas long as short
dYdX APE-USD+0.0040%1h0.1453−0.106%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1455+0.027%$1.3M$370K5xas long as short
Aster APEUSDT+0.0100%8h0.1454−0.062%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1456+0.088%$4.1M$6.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1456+0.034%$3.6M$2.5M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1458+0.179%$1.3M$1.3M20xas long as short
Gate APE_USDT+0.0100%8h0.1454−0.069%$628K$292K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1454−0.069%$3.8M$872K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1452−0.206%$1.8M$1.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1456+0.069%$2.1M$538K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1455long leg$13.4M
Variational Omni APE+0.0100%8h0.1454−0.042%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1454−0.052%$4K$220K10xas long as short
BloFin APE-USDT+0.0115%8h0.1456+0.069%$223K$48K75xas long as short
Kraken Futures PF_APEUSD+0.0156%1h0.1452−0.197%$407K$571K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0439%1h0.1453−0.137%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0648%1h0.1470+1.031%$99K$7K25xas long as short