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

APE

all APE markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$830.827% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.238%+$24 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: 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14740.0100pay 0.0100% / 8h4h 15m$3.6M$3.0M50x
ShortBloFin APE-USDT0.14700.0108get 0.0108% / 8h4h 15m$217K$58K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.36 bp23.3 bp −$2355.7 bp −$557doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago3.40 bp13.4 bp −$1349.4 bp −$494306.6 bp −$30.7Kdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473−0.047%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.184%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1472−0.102%$11K$18K25xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1475+0.124%$408K$615K20xas long as short
dYdX APE-USD+0.0012%1h0.1473−0.043%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.481%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1476+0.156%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1472−0.106%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1473−0.032%$4.1M$6.6M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1474long leg$3.6M$3.0M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1474+0.068%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1472−0.115%$635K$307K50xas long as short
MEXC APE_USDT+0.0100%8h0.1473−0.034%$4.4M$867K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1471−0.170%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1474+0.034%$2.1M$560K25xas long as short
BingX APE-USDT+0.0100%8h0.1473−0.034%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1472−0.089%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1471−0.178%$8K$208K10xas long as short
BloFin APE-USDTshort+0.0108%8h0.1470−0.238%$217K$58K75x
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+0.441%$100K$8K25xas long as short