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

APE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14780.0234pay 0.0029% / 1h3m 35s$9K5x
ShortBybit APEUSDT0.14770.0100get 0.0100% / 8h1h 03m$3.6M$3.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Bybit live order book, 4 min ago3.38 bp25.0 bp −$2551.5 bp −$515doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1478−0.048%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.463%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.794%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0086%8h0.1482+0.240%$217K$60K75xas long as short
Hyperliquid APE+0.0100%1h0.1480+0.111%$1.3M$389K5xas long as short
Aster APEUSDT+0.0100%8h0.1478−0.022%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1478−0.031%$4.1M$7.2M50xas long as short
Bybit APEUSDTshort+0.0100%8h0.1477−0.071%$3.6M$3.0M50x
OKX APE-USDT-SWAP+0.0100%8h0.1478−0.004%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1478−0.031%$640K$318K50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC APE_USDT+0.0100%8h0.1478−0.031%$4.2M$876K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1478−0.031%$1.8M$3.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1479+0.037%$2.1M$599K25xas long as short
BingX APE-USDT+0.0100%8h0.1478−0.031%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1481+0.155%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1478−0.025%$6K$207K10xas long as short
Kraken Futures PF_APEUSD+0.0183%1h0.1479+0.060%$403K$670K20xas long as short
dYdX APE-USDlong+0.0234%1h0.1478long leg$9K5x
Deribit APE_USDC-PERPETUAL+0.0427%1h0.1479+0.037%$5K$24K25xas long as short
Coinbase International APE-PERP-INTX+0.1024%1h0.1486+0.511%$100K$8K25xas long as short