Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bybit−0.238%92s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.238%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.255% cheaper against Bybit than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APEUSDT | 0.1474 | 0.0100 | pay 0.0100% / 8h | 4h 15m | $3.6M | $3.0M | 50x |
| Short | BloFin APE-USDT | 0.1470 | 0.0108 | get 0.0108% / 8h | 4h 15m | $217K | $58K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.66
- Price spread: −0.238% → +0.018%
- −$25.51
- Slippage, 4 orders
- −$59.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.52
- Costs to cover
- 0.827%
- Break-even
- 457.3 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago | 1.36 bp | 23.3 bp −$23 | 55.7 bp −$557 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 3.40 bp | 13.4 bp −$13 | 49.4 bp −$494 | 306.6 bp −$30.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1473 | −0.047% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.184% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1472 | −0.102% | $11K | $18K | 25x | as long as short |
| Kraken Futures PF_APEUSD | +0.0011% | 1h | 0.1475 | +0.124% | $408K | $615K | 20x | as long as short |
| dYdX APE-USD | +0.0012% | 1h | 0.1473 | −0.043% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.481% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1476 | +0.156% | $1.3M | $367K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1472 | −0.106% | $123K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1473 | −0.032% | $4.1M | $6.6M | 50x | as long as short |
| Bybit APEUSDTlong | +0.0100% | 8h | 0.1474 | long leg | $3.6M | $3.0M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1474 | +0.068% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1472 | −0.115% | $635K | $307K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1473 | −0.034% | $4.4M | $867K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1471 | −0.170% | $1.8M | $3.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1474 | +0.034% | $2.1M | $560K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1473 | −0.034% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1472 | −0.089% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | −0.178% | $8K | $208K | 10x | as long as short |
| BloFin APE-USDTshort | +0.0108% | 8h | 0.1470 | −0.238% | $217K | $58K | 75x | |
| Coinbase International APE-PERP-INTX | +0.0856% | 1h | 0.1480 | +0.441% | $100K | $8K | 25x | as long as short |
Bybit APEUSDT
BloFin APE-USDT
GMX APE/USD [APE-USDC]
Deribit APE_USDC-PERPETUAL
Kraken Futures PF_APEUSD
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance 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