Funding you earn now, next payment 08:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.209%
Price spread now: Bitget against Coinbase International−1.280%47s7-day average −0.380% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.737%−$74 on $10k
+Price spread, last 4 days (all we have)+0.870%+$87 · spread now −1.280%, 7d avg −0.380%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bitget is 0.900% cheaper against Coinbase International than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of −0.380%). Swap the legs. The two prices were read 47 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 | Coinbase International APE-PERP-INTX | 0.1484 | 0.1104 | pay 0.0138% / 1h | 51m 27s | $100K | $8K | 25x |
| Short | Bitget APEUSDT | 0.1465 | 0.0100 | get 0.0100% / 8h | 7h 51m | $2.1M | $607K | 25x |
Coinbase International APE-PERP-INTX
Bitget APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$210.84
- Price spread: −1.280% → −0.380%
- −$90.02
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$322.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 27 min ago; Bitget: live order book, 1 min ago. Net counts fees only.
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 Coinbase International live order book, 27 min ago | 17.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.83 bp | 23.9 bp −$24 | 130.0 bp −$1,300 | doesn't fit | 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 | 0.1464 | −1.336% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1465 | −1.302% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.778% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −7.143% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1468 | −1.065% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1466 | −1.245% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1466 | −1.224% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1466 | −1.247% | $3.6M | $2.9M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1467 | −1.179% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1464 | −1.341% | $633K | $306K | 50x | as long as short |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1465 | −1.280% | $4.2M | $760K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1464 | −1.348% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDTshort | +0.0100% | 8h | 0.1465 | −1.280% | $2.1M | $607K | 25x | |
| BingX APE-USDT | +0.0100% | 8h | 0.1465 | −1.280% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1465 | −1.273% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1465 | −1.308% | $6K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0115% | 8h | 0.1464 | −1.348% | $217K | $59K | 75x | as long as short |
| Kraken Futures PF_APEUSD | +0.0356% | 1h | 0.1466 | −1.213% | $399K | $695K | 20x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0433% | 1h | 0.1465 | −1.280% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.1104% | 1h | 0.1484 | long leg | $100K | $8K | 25x |
MEXC APE_USDT
KuCoin APEUSDTM
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL