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

APE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.086%
Price spread now: OKX against GMX−0.043%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. OKX is 0.043% cheaper against GMX than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX APE/USD [APE-USDC]0.1472L −0.0178% / S +0.0185%get 0.0022% / 1h15m 30s$1K100x
ShortOKX APE-USDT-SWAP0.14710.0100get 0.0100% / 8h6h 15m$1.3M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against GMX. 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
$58.34
Price spread: −0.043% → 0.000%
−$4.28
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$32.05
Costs to cover
0.220%
Break-even
3.2 days
Slippage unknown: GMX: no order-book sample; OKX: live order book, 1 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 GMX no order-book sample
Sell OKX live order book, 1 min ago2.04 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit
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 19 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−0.0224%1h0.1472+0.027%$408K$610K20xas long as short
GMX APE/USD [APE-USDC]longL −0.0178% / S +0.0185%1h0.1472long leg$1K100x
Reya APERUSDPERP0.0000%1h0.1235−16.080%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.1471−0.043%$11K$18K25xas long as short
dYdX APE-USD+0.0015%1h0.1472+0.011%$9K$55xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.362%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1473+0.100%$1.3M$378K5xas long as short
Aster APEUSDT+0.0100%8h0.1472+0.029%$122K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1470−0.079%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1471−0.056%$3.6M$3.0M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAPshort+0.0100%8h0.1471−0.043%$1.3M$1.4M20x
Gate APE_USDT+0.0100%8h0.1472+0.032%$633K$310K50xas long as short
MEXC APE_USDT+0.0100%8h0.1472+0.025%$4.4M$900K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1470−0.111%$1.8M$2.6M50xas long as short
Bitget APEUSDT+0.0100%8h0.1472+0.025%$2.1M$571K25xas long as short
BingX APE-USDT+0.0100%8h0.1472+0.025%$13.1Mas long as short
Variational Omni APE+0.0100%8h0.1471−0.027%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1470−0.095%$4K$206K10xas long as short
Coinbase International APE-PERP-INTX+0.0904%1h0.1476+0.297%$99K$7K25xas long as short