Funding you earn now, next payment 00:00 UTC−0.0337%/8h= −36.9% APRpaid last 24h −0.009%
Price spread now: Binance against Deribit−0.032%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 −$10 a day on $10k at the current rate, and Binance is 0.032% cheaper against Deribit than usual: you would sell low and buy high (−$3 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 | Deribit APE_USDC-PERPETUAL | 0.1457 | 0.0437 | pay 0.0055% / 1h | 24m 20s | $11K | $18K | 25x |
| Short | Binance APEUSDT | 0.1457 | 0.0100 | get 0.0100% / 8h | 24m 20s | $4.1M | $6.2M | 50x |
Deribit APE_USDC-PERPETUAL
Binance APEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$70.73
- Price spread: −0.032% → 0.000%
- −$3.24
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.97
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 14 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 3.42 bp | 17.1 bp −$17 | 70.8 bp −$708 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0179% | 1h | 0.1457 | +0.013% | $405K | $579K | 20x | as long as short |
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1456 | −0.072% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −15.239% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −5.422% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1459 | +0.117% | $1.3M | $374K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1456 | −0.069% | $121K | $22K | 10x | as long as short |
| Binance APEUSDTshort | +0.0100% | 8h | 0.1457 | −0.032% | $4.1M | $6.2M | 50x | |
| Bybit APEUSDT | +0.0100% | 8h | 0.1456 | −0.069% | $3.6M | $2.7M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1455 | −0.130% | $1.3M | $1.3M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1456 | −0.069% | $628K | $292K | 50x | as long as short |
Kraken Futures PF_APEUSD
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Injective APE/USDC PERP
Hyperliquid APE
Aster 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 | 0.1456 | −0.069% | $4.1M | $926K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1456 | −0.069% | $1.8M | $2.1M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1457 | 0.000% | $2.1M | $543K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1456 | −0.069% | — | $13.5M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1459 | +0.160% | $7K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1456 | −0.078% | $4K | $219K | 10x | as long as short |
| BloFin APE-USDT | +0.0118% | 8h | 0.1457 | 0.000% | $221K | $48K | 75x | as long as short |
| dYdX APE-USD | +0.0118% | 1h | 0.1455 | −0.123% | $9K | $5 | 5x | as long as short |
| Deribit APE_USDC-PERPETUALlong | +0.0437% | 1h | 0.1457 | long leg | $11K | $18K | 25x | |
| Coinbase International APE-PERP-INTX | +0.0776% | 1h | 0.1470 | +0.892% | $99K | $7K | 25x | as long as short |
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
dYdX APE-USD
Coinbase International APE-PERP-INTX