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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.083%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days+0.065%+$7 · spread now −0.083%, 7d avg +0.028%
Together, before fees−0.005%−$1 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: Binance is 0.111% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14780.0100pay 0.0100% / 8h6h 48m$3.7M$3.0M50x
ShortBinance APEUSDT0.14770.0100get 0.0100% / 8h6h 48m$4.1M$6.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
Price spread: −0.083% → +0.028%
−$11.13
Slippage, 4 orders
−$66.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$99.03
Costs to cover
0.879%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 5 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 Bybit live order book, 4 min ago0.68 bp26.2 bp −$2653.1 bp −$531doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago3.40 bp21.4 bp −$2186.7 bp −$8671426.8 bp −$142.7Kdoesn'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
Kraken Futures PF_APEUSD−0.0223%1h0.1477−0.042%$411K$603K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1477−0.058%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.434%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1477−0.061%$11K$18K25xas long as short
dYdX APE-USD+0.0016%1h0.1477−0.035%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.760%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0076%8h0.1477−0.061%$220K$54K75xas long as short
Hyperliquid APE+0.0100%1h0.1478+0.020%$1.3M$387K5xas long as short
Aster APEUSDT+0.0100%8h0.1479+0.045%$123K$22K10xas long as short
Binance APEUSDTshort+0.0100%8h0.1477−0.083%$4.1M$6.6M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit APEUSDTlong+0.0100%8h0.1478long leg$3.7M$3.0M50x
OKX APE-USDT-SWAP+0.0100%8h0.1477−0.061%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1478+0.014%$635K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1477−0.061%$4.3M$881K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1477−0.061%$1.8M$2.5M50xas long as short
Bitget APEUSDT+0.0100%8h0.1478+0.007%$2.1M$575K25xas long as short
BingX APE-USDT+0.0100%8h0.1478+0.007%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1477−0.093%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1476−0.154%$4K$205K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1483+0.345%$100K$7K25xas long as short