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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0263%/8h= −28.8% APRnext payment $0.33 per $10,000 · paid last 24h −0.061%
Price spread now: GMX against dYdX+0.124%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.124% dearer against dYdX than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14810.0078pay 0.0010% / 1h30m 21s$9K$55x
ShortGMX APE/USD [APE-USDC]0.1482L −0.0178% / S +0.0185%pay 0.0023% / 1h30m 21s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$55.24
Price spread: +0.124% → 0.000%
$12.4
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$64.83
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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−0.0178%1h0.1482+0.065%$410K$603K20xas long as short
GMX APE/USD [APE-USDC]shortL −0.0178% / S +0.0185%1h0.1482+0.124%$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.583%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.927%$1K$12K5.5xas long as short
BloFin APE-USDT+0.0073%8h0.1483+0.165%$221K$54K75xas long as short
dYdX APE-USDlong+0.0078%1h0.1481long leg$9K$55x
Hyperliquid APE+0.0100%1h0.1484+0.212%$1.3M$372K5xas long as short
Aster APEUSDT+0.0100%8h0.1482+0.100%$123K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1482+0.098%$4.1M$6.5M50xas long as short
Bybit APEUSDT+0.0100%8h0.1483+0.158%$3.7M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1483+0.165%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1482+0.104%$638K$308K50xas long as short
MEXC APE_USDT+0.0100%8h0.1479−0.105%$4.3M$851K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1482+0.098%$1.8M$2.8M50xas long as short
Bitget APEUSDT+0.0100%8h0.1482+0.098%$2.1M$545K25xas long as short
BingX APE-USDT+0.0100%8h0.1482+0.098%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1482+0.070%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1482+0.069%$8K$205K10xas long as short
Deribit APE_USDC-PERPETUAL+0.0425%1h0.1483+0.165%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1484+0.233%$100K$8K25xas long as short