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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.068%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.068%, 7d avg −0.002%
Together, before fees+0.036%+$4 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: BingX is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APE_USDT0.14720.0100pay 0.0100% / 8h4h 16m$4.4M$867K50x
ShortBingX APE-USDT0.14730.0100get 0.0100% / 8h4h 16m$13.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: +0.068% → −0.002%
$6.95
Slippage, 4 orders
−$50.44
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$53.49
Costs to cover
0.604%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 7 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 MEXC live order book, 1 min ago3.39 bp6.7 bp −$734.7 bp −$347179.9 bp −$18.0K230.0 bp −$115.0K
Sell BingX live order book, 7 min ago10.18 bp25.5 bp −$2579.6 bp −$796379.3 bp −$37.9Kdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1473+0.055%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.098%as long as short
Deribit APE_USDC-PERPETUAL0.0000%1h0.14720.000%$11K$18K25xas long as short
dYdX APE-USD+0.0010%1h0.1473+0.059%$9K$55xas long as short
Kraken Futures PF_APEUSD+0.0011%1h0.1475+0.226%$408K$615K20xas long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.386%$1K$12K5.5xas long as short
Hyperliquid APE+0.0100%1h0.1475+0.204%$1.3M$367K5xas long as short
Aster APEUSDT+0.0100%8h0.1473+0.072%$123K$22K10xas long as short
Binance APEUSDT+0.0100%8h0.1472+0.001%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1473+0.041%$3.6M$3.0M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APE-USDT-SWAP+0.0100%8h0.1473+0.054%$1.3M$1.4M20xas long as short
Gate APE_USDT+0.0100%8h0.1473+0.068%$635K$307K50xas long as short
MEXC APE_USDTlong+0.0100%8h0.1472long leg$4.4M$867K50x
KuCoin APEUSDTM+0.0100%8h0.14720.000%$1.8M$3.1M50xas long as short
Bitget APEUSDT+0.0100%8h0.1473+0.068%$2.1M$560K25xas long as short
BingX APE-USDTshort+0.0100%8h0.1473+0.068%$13.1M
Variational Omni APE+0.0100%8h0.1471−0.052%$7K$12Kas long as short
Extended APE-USD+0.0104%1h0.1472−0.021%$8K$208K10xas long as short
BloFin APE-USDT+0.0108%8h0.1470−0.136%$217K$58K75xas long as short
Coinbase International APE-PERP-INTX+0.0856%1h0.1480+0.543%$100K$8K25xas long as short