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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0672%/8h= −73.6% APRnext payment $0.84 per $10,000 · paid last 24h −0.177%
Price spread now: Extended against Coinbase International−0.905%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−0.700%−$70 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Extended is 0.905% cheaper against Coinbase International than usual: you would sell low and buy high (−$90 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-INTX0.14700.0776pay 0.0097% / 1h23m 00s$99K$7K25x
ShortExtended APE-USD0.14570.0104get 0.0013% / 1h23m 00s$4K$219K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$141.12
Price spread: −0.905% → 0.000%
−$90.47
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$246.59
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 54 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 Extended live order book, 54 min ago6.85 bp31.4 bp −$31193.6 bp −$1,936doesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_APEUSD−0.0179%1h0.1458−0.844%$405K$579K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1456−0.947%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.989%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.259%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0094%8h0.1457−0.884%$221K$48K75xas long as short
Hyperliquid APE+0.0100%1h0.1459−0.728%$1.3M$374K5xas long as short
Aster APEUSDT+0.0100%8h0.1456−0.951%$121K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1457−0.884%$4.1M$6.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1456−0.952%$3.6M$2.7M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1457−0.871%$1.3M$1.3M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1457−0.884%$629K$292K50xas long as short
MEXC APE_USDT+0.0100%8h0.1456−0.952%$4.1M$926K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1456−0.952%$1.8M$2.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1457−0.884%$2.1M$543K25xas long as short
BingX APE-USDT+0.0100%8h0.1456−0.952%$13.5Mas long as short
Variational Omni APE+0.0100%8h0.1459−0.726%$7K$12Kas long as short
Extended APE-USDshort+0.0104%1h0.1457−0.905%$4K$219K10x
dYdX APE-USD+0.0115%1h0.1455−1.006%$9K$55xas long as short
Deribit APE_USDC-PERPETUAL+0.0437%1h0.1457−0.884%$11K$18K25xas long as short
Coinbase International APE-PERP-INTXlong+0.0776%1h0.1470long leg$99K$7K25x