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

APE

all APE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1004%/8h= +109.9% APRpaid last 24h +0.203%
Price spread now: Coinbase International against MEXC+0.678%7-day average +0.413% · 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+0.807%+$81 on $10k
Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.678%, 7d avg +0.413%
Together, before fees+0.575%+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Coinbase International is 0.265% dearer against MEXC than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.413%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APE_USDT0.14740.0100pay 0.0100% / 8h37m 13s$4.2M$825K50x
ShortCoinbase International APE-PERP-INTX0.14840.1104get 0.0138% / 1h37m 13s$100K$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$210.84
Price spread: +0.678% → +0.413%
$26.52
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$227.36
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: MEXC: live order book, 5 min ago; Coinbase International: live order book, 46 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 MEXC live order book, 5 min ago3.38 bp7.4 bp −$744.7 bp −$447182.3 bp −$18.2K228.4 bp −$114.2K
Sell Coinbase International live order book, 46 min ago16.90 bp35.3 bp −$35doesn't fitdoesn'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
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1474−0.026%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.213%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.513%$1K$12K5.5xas long as short
Aster APEUSDT+0.0100%8h0.1475+0.052%$123K$20K10xas long as short
Binance APEUSDT+0.0100%8h0.1474+0.017%$4.1M$7.2M50xas long as short
Bybit APEUSDT+0.0100%8h0.1474+0.034%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAP+0.0100%8h0.1474+0.014%$1.3M$1.5M20xas long as short
Gate APE_USDT+0.0100%8h0.1475+0.068%$638K$313K50xas long as short
MEXC APE_USDTlong+0.0100%8h0.1474long leg$4.2M$825K50x
KuCoin APEUSDTM+0.0100%8h0.14740.000%$1.8M$3.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget APEUSDT+0.0100%8h0.1475+0.068%$2.1M$602K25xas long as short
BingX APE-USDT+0.0100%8h0.1475+0.068%$13.0Mas long as short
Variational Omni APE+0.0100%8h0.1478+0.286%$5K$14Kas long as short
Extended APE-USD+0.0104%1h0.1475+0.041%$4K$208K10xas long as short
Hyperliquid APE+0.0107%1h0.1477+0.176%$1.3M$374K5xas long as short
BloFin APE-USDT+0.0118%8h0.14740.000%$217K$59K75xas long as short
dYdX APE-USD+0.0161%1h0.1474+0.012%$9K5xas long as short
Kraken Futures PF_APEUSD+0.0231%1h0.1475+0.038%$401K$693K20xas long as short
Deribit APE_USDC-PERPETUAL+0.0428%1h0.1475+0.068%$5K$24K25xas long as short
Coinbase International APE-PERP-INTXshort+0.1104%1h0.1484+0.678%$100K$8K25x