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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0836%/8h= −91.5% APRpaid last 24h −0.221%
Price spread now: BingX against Coinbase International−1.557%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 days−0.794%−$79 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and BingX is 1.557% cheaper against Coinbase International than usual: you would sell low and buy high (−$156 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International APE-PERP-INTX0.14770.0936pay 0.0117% / 1h47m 32s$99K$7K25x
ShortBingX APE-USDT0.14540.0100get 0.0100% / 8h4h 47m$5.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Coinbase International. 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
−$175.56
Price spread: −1.557% → 0.000%
−$155.72
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$351.28
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; BingX: live order book, 11 min ago. 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 Coinbase International no order-book sample
Sell BingX live order book, 11 min ago3.44 bp23.9 bp −$2468.4 bp −$684335.5 bp −$33.5Kdoesn't fit
Coinbase International: 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%1h0.1452−1.726%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.384%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1452−1.693%$3K$27K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.703%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1455−1.496%$1.3M$314K5xas long as short
Aster APEUSDT+0.0100%8h0.1454−1.570%$121K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1453−1.594%$4.1M$6.8M50xas long as short
Bybit APEUSDT+0.0100%8h0.1453−1.598%$3.6M$2.7M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1455−1.517%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1451−1.733%$625K$276K50xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1453−1.625%$4.1M$720K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1452−1.693%$1.8M$4.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1454−1.557%$2.1M$586K25xas long as short
BingX APE-USDTshort+0.0100%8h0.1454−1.557%$5.3M
Variational Omni APE+0.0100%8h0.1449−1.918%$5K$13Kas long as short
Extended APE-USD+0.0104%1h0.1453−1.614%$4K$279K10xas long as short
BloFin APE-USDT+0.0109%8h0.1450−1.828%$217K$35K75xas long as short
dYdX APE-USD+0.0114%1h0.1452−1.715%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0126%1h0.1452−1.662%$400K$664K20xas long as short
Coinbase International APE-PERP-INTXlong+0.0936%1h0.1477long leg$99K$7K25x