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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1478 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $3.7M | $3.0M | 50x |
| Short | Binance APEUSDT | 0.1477 | 0.0100 | get 0.0100% / 8h | 6h 48m | $4.1M | $6.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 0.68 bp | 26.2 bp −$26 | 53.1 bp −$531 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.40 bp | 21.4 bp −$21 | 86.7 bp −$867 | 1426.8 bp −$142.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0223% | 1h | 0.1477 | −0.042% | $411K | $603K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1477 | −0.058% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.434% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1477 | −0.061% | $11K | $18K | 25x | as long as short |
| dYdX APE-USD | +0.0016% | 1h | 0.1477 | −0.035% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.760% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0076% | 8h | 0.1477 | −0.061% | $220K | $54K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1478 | +0.020% | $1.3M | $387K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1479 | +0.045% | $123K | $22K | 10x | as long as short |
| Binance APEUSDTshort | +0.0100% | 8h | 0.1477 | −0.083% | $4.1M | $6.6M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1478 | long leg | $3.7M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1477 | −0.061% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1478 | +0.014% | $635K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1477 | −0.061% | $4.3M | $881K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1477 | −0.061% | $1.8M | $2.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1478 | +0.007% | $2.1M | $575K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | +0.007% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1477 | −0.093% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1476 | −0.154% | $4K | $205K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0904% | 1h | 0.1483 | +0.345% | $100K | $7K | 25x | as long as short |
Bybit APEUSDT
Binance APEUSDT
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Coinbase International APE-PERP-INTX