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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0895%/8h= +98.0% APRnext payment +$1.12 per $10,000 · paid last 24h +0.234%
Price spread now: Coinbase International against Injective+7.184%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 4 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 for this trade now. Funding pays +$27 a day on $10k at the current rate, and Coinbase International is 7.184% dearer against Injective than usual: you sell high and buy low: +$718 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective APE/USDC PERP0.13780.0033pay 0.0004% / 1h57m 06s$1K$12K5.5x
ShortCoinbase International APE-PERP-INTX0.14770.0928get 0.0116% / 1h57m 06s$99K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$187.88
Price spread: +7.184% → 0.000%
$718.43
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$896.29
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 71 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 Injective no order-book sample
Sell Coinbase International live order book, 71 min ago13.51 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Injective: 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 exchanges

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%1h0.1464+6.225%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−10.377%as long as short
Injective APE/USDC PERPlong+0.0033%1h0.1378long leg$1K$12K5.5x
dYdX APE-USD+0.0034%1h0.1465+6.324%$9K5xas long as short
BloFin APE-USDT+0.0075%8h0.1464+6.241%$217K$47K75xas long as short
Hyperliquid APE+0.0100%1h0.1467+6.430%$1.3M$353K5xas long as short
Aster APEUSDT+0.0100%8h0.1464+6.271%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1464+6.261%$4.1M$7.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1464+6.205%$3.6M$2.8M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1464+6.263%$1.3M$1.5M20xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1464+6.277%$633K$295K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464+6.241%$4.2M$685K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.1463+6.168%$1.8M$4.4M50xas long as short
Bitget APEUSDT+0.0100%8h0.1465+6.313%$2.1M$614K25xas long as short
BingX APE-USDT+0.0100%8h0.1464+6.241%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1466+6.368%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1464+6.208%$7K$210K10xas long as short
Kraken Futures PF_APEUSD+0.0263%1h0.1465+6.332%$401K$697K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1465+6.313%$3K$27K25xas long as short
Coinbase International APE-PERP-INTXshort+0.0928%1h0.1477+7.184%$99K$8K25x