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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.086%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.086%, 7d avg +0.060%
Together, before fees+0.088%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended APE-USD0.14860.0104pay 0.0013% / 1h7m 51s$4K$210K10x
ShortBitget APEUSDT0.14870.0100get 0.0100% / 8h7h 07m$2.1M$552K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: +0.086% → +0.060%
$2.58
Slippage, 4 orders
−$91.9
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$107.16
Costs to cover
1.089%
Break-even
never at this rate
Slippage from Extended: live order book, 64 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 64 min ago5.84 bp31.4 bp −$31197.9 bp −$1,979doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.76 bp25.5 bp −$26180.9 bp −$1,809doesn't fitdoesn't fit

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−0.0209%1h0.1487+0.067%$412K$609K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1487+0.093%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.876%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1486+0.019%$11K$18K25xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−7.250%$1K$12K5.5xas long as short
dYdX APE-USD+0.0037%1h0.1487+0.058%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1487+0.086%$1.3M$369K5xas long as short
Aster APEUSDT+0.0100%8h0.1486+0.019%$124K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1486+0.005%$4.2M$6.4M50xas long as short
Bybit APEUSDT+0.0100%8h0.1486−0.008%$3.7M$2.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1486−0.008%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1486+0.026%$636K$303K50xas long as short
MEXC APE_USDT+0.0100%8h0.1485−0.048%$4.4M$962K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1485−0.048%$1.8M$2.4M50xas long as short
Bitget APEUSDTshort+0.0100%8h0.1487+0.086%$2.1M$552K25x
BingX APE-USDT+0.0100%8h0.1486+0.019%$13.2Mas long as short
Variational Omni APE+0.0100%8h0.1480−0.371%$8K$12Kas long as short
Extended APE-USDlong+0.0104%1h0.1486long leg$4K$210K10x
BloFin APE-USDT+0.0122%8h0.1484−0.116%$220K$51K75xas long as short
Coinbase International APE-PERP-INTX+0.0840%1h0.1490+0.288%$100K$7K25xas long as short