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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Hyperliquid against KuCoin+0.246%7-day average +0.092% · 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 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.154%−$15 · spread now +0.246%, 7d avg +0.092%
Together, before fees−0.142%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 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: Hyperliquid is 0.154% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin APEUSDTM0.14630.0100pay 0.0100% / 8h5h 57m$1.8M$4.4M50x
ShortHyperliquid APE0.14670.0100get 0.0013% / 1h57m 00s$1.3M$353K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
Price spread: +0.246% → +0.092%
$15.43
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$5.57
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; 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 KuCoin live order book, 4 min ago6.82 bp70.2 bp −$70203.7 bp −$2,037doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago4.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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+0.053%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−15.584%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−5.810%$1K$12K5.5xas long as short
dYdX APE-USD+0.0034%1h0.1465+0.147%$9K5xas long as short
BloFin APE-USDT+0.0075%8h0.1464+0.068%$217K$47K75xas long as short
Hyperliquid APEshort+0.0100%1h0.1467+0.246%$1.3M$353K5x
Aster APEUSDT+0.0100%8h0.1464+0.097%$122K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1464+0.088%$4.1M$7.1M50xas long as short
Bybit APEUSDT+0.0100%8h0.1464+0.034%$3.6M$2.8M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1464+0.089%$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+0.103%$633K$295K50xas long as short
MEXC APE_USDT+0.0100%8h0.1464+0.068%$4.2M$685K50xas long as short
KuCoin APEUSDTMlong+0.0100%8h0.1463long leg$1.8M$4.4M50x
Bitget APEUSDT+0.0100%8h0.1465+0.137%$2.1M$614K25xas long as short
BingX APE-USDT+0.0100%8h0.1464+0.068%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1466+0.188%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1464+0.037%$7K$210K10xas long as short
Kraken Futures PF_APEUSD+0.0263%1h0.1465+0.154%$401K$697K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0433%1h0.1465+0.137%$3K$27K25xas long as short
Coinbase International APE-PERP-INTX+0.0928%1h0.1477+0.957%$99K$8K25xas long as short