APE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.003%

Price spread now: OKX against BloFin+0.130%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$920.925% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.408%−$41 · spread now +0.130%, 7d avg +0.002%

Together, before fees−0.422%−$42 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.128% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin APE-USDT	0.1460	0.0089	pay 0.0089% / 8h	3h 30m	$223K	$45K	75x
Short	OKX APE-USDT-SWAP	0.1462	0.0100	get 0.0100% / 8h	3h 30m	$1.3M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.130%Rate

Funding earned: $2.32
Price spread: +0.130% → +0.002%: $12.77
Slippage, 4 orders: −$70.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$77.36
Costs to cover: 0.925%
Break-even: 240.4 days

Slippage from BloFin: live order book, 12 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 12 min ago	3.46 bp	25.1 bp −$25	50.1 bp −$501	360.2 bp −$36.0K	doesn't fit
Sell OKX live order book, 1 min ago	0.34 bp	27.1 bp −$27	doesn't fit	doesn't fit	doesn't fit

APE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX APE/USD [APE-USDC]	L −0.0178% / S +0.0185%	1h	0.1460	−0.014%	$1K	—	100x	as long as short
Reya APERUSDPERP	0.0000%	1h	0.1235	−15.410%	—	—	—	as long as short
Deribit APE_USDC-PERPETUAL	0.0000%	1h	0.1460	0.000%	$13K	$18K	25x	as long as short
Injective APE/USDC PERP	+0.0033%	1h	0.1378	−5.616%	$1K	$12K	5.5x	as long as short
BloFin APE-USDTlong	+0.0089%	8h	0.1460	long leg	$223K	$45K	75x
Hyperliquid APE	+0.0100%	1h	0.1463	+0.178%	$1.3M	$374K	5x	as long as short
Aster APEUSDT	+0.0100%	8h	0.1461	+0.044%	$121K	$21K	10x	as long as short
Binance APEUSDT	+0.0100%	8h	0.1461	+0.068%	$4.1M	$6.1M	50x	as long as short
Bybit APEUSDT	+0.0100%	8h	0.1462	+0.110%	$3.7M	$2.5M	50x	as long as short
OKX APE-USDT-SWAPshort	+0.0100%	8h	0.1462	+0.130%	$1.3M	$1.3M	20x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate APE_USDT	+0.0100%	8h	0.1461	+0.055%	$628K	$297K	50x	as long as short
MEXC APE_USDT	+0.0100%	8h	0.1461	+0.068%	$3.8M	$868K	50x	as long as short
KuCoin APEUSDTM	+0.0100%	8h	0.1461	+0.068%	$1.8M	$1.9M	50x	as long as short
Bitget APEUSDT	+0.0100%	8h	0.1463	+0.205%	$2.1M	$537K	25x	as long as short
BingX APE-USDT	+0.0100%	8h	0.1461	+0.068%	—	$13.5M	—	as long as short
Variational Omni APE	+0.0100%	8h	0.1451	−0.612%	$7K	$12K	—	as long as short
Extended APE-USD	+0.0104%	1h	0.1461	+0.053%	$4K	$220K	10x	as long as short
dYdX APE-USD	+0.0169%	1h	0.1461	+0.066%	$9K	$5	5x	as long as short
Kraken Futures PF_APEUSD	+0.0182%	1h	0.1461	+0.046%	$407K	$577K	20x	as long as short
Coinbase International APE-PERP-INTX	+0.0632%	1h	0.1463	+0.205%	$99K	$7K	25x	as long as short