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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Extended against BloFin+0.178%94s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.305%−$31 · spread now +0.178%, 7d avg −0.042%
Together, before fees−0.326%+ Points / potential airdropExtended: Active · farm board−$33 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 0.220% dearer against BloFin than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APE-USDT0.14700.0108pay 0.0108% / 8h4h 15m$217K$58K75x
ShortExtended APE-USD0.14730.0104get 0.0013% / 1h15m 37s$8K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$0.82
Price spread: +0.178% → −0.042%
$21.97
Slippage, 4 orders
−$76.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$72.72
Costs to cover
0.939%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 41 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 BloFin live order book, 6 min ago3.40 bp22.7 bp −$2354.8 bp −$548383.5 bp −$38.3Kdoesn't fit
Sell Extended live order book, 41 min ago6.13 bp30.5 bp −$31208.9 bp −$2,089doesn'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%1h0.1473+0.191%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.984%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1472+0.136%$11K$18K25xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1475+0.362%$408K$615K20xas long as short
dYdX APE-USD+0.0012%1h0.1473+0.195%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.259%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1476+0.395%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1474+0.250%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1474+0.252%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+0.286%$3.6M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1474+0.272%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1473+0.177%$636K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1473+0.204%$4.4M$867K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1473+0.204%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1474+0.272%$2.1M$560K25xas long as short
BingX APE-USDT+0.0100%8h0.1474+0.272%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1472+0.149%$8K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1473+0.178%$8K$208K10x
BloFin APE-USDTlong+0.0108%8h0.1470long leg$217K$58K75x
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+0.680%$100K$8K25xas long as short