Funding you earn now, next payment 04:00 UTC−0.0454%/8h= −49.7% APRnext payment −$0.57 per $10,000 · paid last 24h −0.169%
Price spread now: Deribit against Coinbase International−1.070%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 1.070% cheaper against Coinbase International than usual: you would sell low and buy high (−$107 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1496 | 0.0880 | pay 0.0110% / 1h | 24m 47s | $101K | $8K | 25x |
| Short | Deribit APE_USDC-PERPETUAL | 0.1480 | 0.0426 | get 0.0053% / 1h | 24m 47s | $9K | $21K | 25x |
Coinbase International APE-PERP-INTX
Deribit APE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$95.31
- Price spread: −1.070% → 0.000%
- −$106.95
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$219.26
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 24 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 24 min ago | 16.95 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 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 | 0.1479 | −1.104% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −17.445% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −7.888% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1482 | −0.916% | $1.3M | $375K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1481 | −1.014% | $124K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1481 | −1.022% | $4.1M | $6.9M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1481 | −1.023% | $3.7M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1480 | −1.043% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1479 | −1.110% | $635K | $313K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1480 | −1.070% | $4.5M | $871K | 50x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1480 | −1.070% | $1.8M | $3.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1480 | −1.070% | $2.1M | $578K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1480 | −1.070% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1479 | −1.105% | $8K | $12K | — | as long as short |
| dYdX APE-USD | +0.0102% | 1h | 0.1479 | −1.115% | $9K | $5 | 5x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1480 | −1.060% | $7K | $209K | 10x | as long as short |
| BloFin APE-USDT | +0.0220% | 8h | 0.1478 | −1.203% | $217K | $58K | 75x | as long as short |
| Deribit APE_USDC-PERPETUALshort | +0.0426% | 1h | 0.1480 | −1.070% | $9K | $21K | 25x | |
| Coinbase International APE-PERP-INTXlong | +0.0880% | 1h | 0.1496 | long leg | $101K | $8K | 25x | |
| Kraken Futures PF_APEUSD | +0.0980% | 1h | 0.1481 | −0.982% | $406K | $646K | 20x | as long as short |
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
dYdX APE-USD
Extended APE-USD
BloFin APE-USDT
Kraken Futures PF_APEUSD