Funding you earn now, next payment 07:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h +0.015%
Price spread now: Bybit against dYdX−0.071%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$4 a day on $10k at the current rate, and Bybit is 0.071% cheaper against dYdX than usual: you would sell low and buy high (−$7 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 | dYdX APE-USD | 0.1478 | 0.0234 | pay 0.0029% / 1h | 3m 35s | $9K | — | 5x |
| Short | Bybit APEUSDT | 0.1477 | 0.0100 | get 0.0100% / 8h | 1h 03m | $3.6M | $3.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- −$28.12
- Price spread: −0.071% → 0.000%
- −$7.12
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.23
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 3.38 bp | 25.0 bp −$25 | 51.5 bp −$515 | doesn't fit | doesn't fit |
dYdX: 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 | 0.1478 | −0.048% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.463% | — | — | — | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.794% | $1K | $12K | 5.5x | as long as short |
| BloFin APE-USDT | +0.0086% | 8h | 0.1482 | +0.240% | $217K | $60K | 75x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1480 | +0.111% | $1.3M | $389K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1478 | −0.022% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1478 | −0.031% | $4.1M | $7.2M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1477 | −0.071% | $3.6M | $3.0M | 50x | |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1478 | −0.004% | $1.3M | $1.5M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1478 | −0.031% | $640K | $318K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC APE_USDT | +0.0100% | 8h | 0.1478 | −0.031% | $4.2M | $876K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1478 | −0.031% | $1.8M | $3.8M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1479 | +0.037% | $2.1M | $599K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1478 | −0.031% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1481 | +0.155% | $5K | $14K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1478 | −0.025% | $6K | $207K | 10x | as long as short |
| Kraken Futures PF_APEUSD | +0.0183% | 1h | 0.1479 | +0.060% | $403K | $670K | 20x | as long as short |
| dYdX APE-USDlong | +0.0234% | 1h | 0.1478 | long leg | $9K | — | 5x | |
| Deribit APE_USDC-PERPETUAL | +0.0427% | 1h | 0.1479 | +0.037% | $5K | $24K | 25x | as long as short |
| Coinbase International APE-PERP-INTX | +0.1024% | 1h | 0.1486 | +0.511% | $100K | $8K | 25x | as long as short |
Bybit APEUSDT
GMX APE/USD [APE-USDC]
Injective APE/USDC PERP
BloFin APE-USDT
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
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
Deribit APE_USDC-PERPETUAL
Coinbase International APE-PERP-INTX