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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.019%
Price spread now: Hyperliquid against dYdX−0.090%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.090% cheaper against dYdX than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX APE-USD0.14640.0014pay 0.0002% / 1h43m 01s$9K$55x
ShortHyperliquid APE0.14620.0100get 0.0013% / 1h43m 01s$1.3M$362K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$18.03
Price spread: −0.090% → 0.000%
−$8.96
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$9.92
Costs to cover
0.190%
Break-even
10.9 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago1.71 bp22.5 bp −$23doesn't fitdoesn'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%1h0.1461−0.168%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.625%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1460−0.254%$11K$18K25xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1462−0.130%$404K$614K20xas long as short
dYdX APE-USDlong+0.0014%1h0.1464long leg$9K$55x
Injective APE/USDC PERP+0.0033%1h0.1378−5.856%$1K$12K5.5xas long as short
Hyperliquid APEshort+0.0100%1h0.1462−0.090%$1.3M$362K5x
Aster APEUSDT+0.0100%8h0.1463−0.016%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1461−0.185%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1461−0.165%$3.6M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1460−0.226%$1.2M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1462−0.144%$629K$304K50xas long as short
MEXC APE_USDT+0.0100%8h0.1461−0.185%$4.4M$866K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1461−0.185%$1.8M$3.0M50xas long as short
Bitget APEUSDT+0.0100%8h0.1461−0.185%$2.1M$559K25xas long as short
BingX APE-USDT+0.0100%8h0.1462−0.117%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1460−0.272%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1462−0.134%$4K$206K10xas long as short
BloFin APE-USDT+0.0117%8h0.1463−0.049%$218K$57K75xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1468+0.293%$99K$7K25xas long as short