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−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−6.640%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 4 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 −$2 a day on $10k at the current rate, and Injective is 6.640% cheaper against BingX than usual: you would sell low and buy high (−$664 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-USDT0.14760.0100pay 0.0100% / 8h6h 20m$13.1M
ShortInjective APE/USDC PERP0.13780.0033get 0.0004% / 1h20m 29s$1K$12K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −6.640% → 0.000%
−$663.96
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$687.98
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Injective: 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, 3 min ago10.16 bp26.0 bp −$2684.9 bp −$849427.1 bp −$42.7Kdoesn't fit
Sell Injective no order-book sample
Injective: 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%1h0.1477+0.053%$411K$607K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1476+0.012%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.327%as long as short
dYdX APE-USD+0.0017%1h0.1476−0.032%$9K$55xas long as short
Injective APE/USDC PERPshort+0.0033%1h0.1378−6.640%$1K$12K5.5x
Hyperliquid APE+0.0100%1h0.1476+0.020%$1.3M$378K5xas long as short
Aster APEUSDT+0.0100%8h0.1476−0.013%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1475−0.075%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1476−0.020%$3.7M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1475−0.081%$1.3M$1.4M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1475−0.061%$634K$309K50xas long as short
MEXC APE_USDT+0.0100%8h0.1474−0.136%$4.3M$888K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1475−0.068%$1.8M$2.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1475−0.068%$2.1M$571K25xas long as short
BingX APE-USDTlong+0.0100%8h0.1476long leg$13.1M
Variational Omni APE+0.0100%8h0.1476+0.029%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1475−0.063%$4K$206K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0428%1h0.1477+0.068%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1484+0.542%$100K$7K25xas long as short