Funding you earn now, next payment 08:00 UTC−0.1004%/8h= −109.9% APRpaid last 24h −0.209%
Price spread now: Bybit against Coinbase International−0.238%7-day average −0.423% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.757%−$76 on $10k
+Price spread, last 4 days (all we have)−0.348%−$35 · spread now −0.238%, 7d avg −0.423%
=The price spread pays, funding is against you. Bybit is 0.185% dearer against Coinbase International than usual: you sell high and buy low (spread −0.238% now, against its 7-day average of −0.423%): +$18 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.757% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1471 | 0.1104 | pay 0.0138% / 1h | 47m 55s | $99K | $8K | 25x |
| Short | Bybit APEUSDT | 0.1467 | 0.0100 | get 0.0100% / 8h | 7h 47m | $3.6M | $2.9M | 50x |
Coinbase International APE-PERP-INTX
Bybit APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.238% → −0.423%
- $18.49
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$213.35
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 30 min ago; Bybit: live order book, 4 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, 30 min ago | 17.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.10 bp | 24.3 bp −$24 | 49.4 bp −$494 | 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 | 0.1468 | −0.225% | $1K | — | 100x | as long as short |
| dYdX APE-USD | 0.0000% | 1h | 0.1465 | −0.430% | $9K | — | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.043% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1468 | −0.204% | $5K | $24K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.322% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0070% | 8h | 0.1467 | −0.272% | $217K | $59K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1470 | −0.088% | $1.3M | $375K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1467 | −0.238% | $122K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1467 | −0.264% | $4.1M | $7.3M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1467 | −0.238% | $3.6M | $2.9M | 50x |
GMX APE/USD [APE-USDC]
dYdX APE-USD
Reya APERUSDPERP
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1468 | −0.211% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1467 | −0.265% | $635K | $306K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1467 | −0.272% | $4.2M | $760K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1467 | −0.272% | $1.8M | $4.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1468 | −0.204% | $2.1M | $608K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1467 | −0.272% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1466 | −0.367% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1467 | −0.272% | $6K | $208K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0356% | 1h | 0.1469 | −0.150% | $401K | $695K | 20x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.1104% | 1h | 0.1471 | long leg | $99K | $8K | 25x |
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
Kraken Futures PF_APEUSD