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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Reya against Bybit−15.038%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 15.038% cheaper against Bybit than usual: you would sell low and buy high (−$1,504 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APEUSDT0.14540.0100pay 0.0100% / 8h4h 46m$3.6M$2.7M50x
ShortReya APERUSDPERP0.12350get 0.0000% / 1h46m 30s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$21
Price spread: −15.038% → 0.000%
−$1,503.78
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Reya: 3 bp × 2 orders
−$6
Net
−$1,541.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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 ago2.76 bp23.9 bp −$2458.3 bp −$583doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

APE on 20 exchanges

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%1h0.1454−0.003%$1K100xas long as short
Reya APERUSDPERPshort0.0000%1h0.1235−15.038%
Injective APE/USDC PERP+0.0033%1h0.1378−5.201%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0085%8h0.1452−0.110%$217K$35K75xas long as short
Hyperliquid APE+0.0100%1h0.1456+0.186%$1.3M$314K5xas long as short
Aster APEUSDT+0.0100%8h0.1455+0.074%$121K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1454+0.034%$4.1M$6.8M50xas long as short
Bybit APEUSDTlong+0.0100%8h0.1454long leg$3.6M$2.7M50x
OKX APE-USDT-SWAP+0.0100%8h0.1455+0.096%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1453−0.062%$625K$276K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1454+0.028%$4.1M$720K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1453−0.041%$1.8M$4.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1455+0.096%$2.1M$587K25xas long as short
BingX APE-USDT+0.0100%8h0.1453−0.041%$5.3Mas long as short
Variational Omni APE+0.0100%8h0.1449−0.339%$5K$13Kas long as short
Extended APE-USD+0.0104%1h0.1454−0.004%$4K$279K10xas long as short
dYdX APE-USD+0.0106%1h0.1453−0.046%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0126%1h0.1455+0.081%$401K$665K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0438%1h0.1455+0.096%$3K$27K25xas long as short
Coinbase International APE-PERP-INTX+0.0936%1h0.1477+1.610%$99K$7K25xas long as short