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 OKX+0.068%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$920.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.068%, 7d avg +0.003%
Together, before fees+0.026%+$3 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 0.065% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX APE-USDT-SWAP0.14720.0100pay 0.0100% / 8h5h 08m$1.3M$1.4M20x
ShortBingX APE-USDT0.14730.0100get 0.0100% / 8h5h 08m$13.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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% → +0.003%
$6.53
Slippage, 4 orders
−$71.87
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$85.34
Costs to cover
0.919%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 10 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 OKX live order book, 3 min ago2.37 bp24.6 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago10.08 bp25.8 bp −$2668.0 bp −$680349.8 bp −$35.0Kdoesn'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
Kraken Futures PF_APEUSD−0.0179%1h0.1475+0.171%$406K$611K20xas long as short
GMX APE/USD [APE-USDC]L −0.0178% / S +0.0185%1h0.1472−0.014%$1K100xas long as short
Reya APERUSDPERP0.0000%1h0.1235−16.100%as long as short
Injective APE/USDC PERP+0.0033%1h0.1378−6.386%$1K$12K5.5xas long as short
dYdX APE-USD+0.0065%1h0.1474+0.109%$9K$55xas long as short
Hyperliquid APE+0.0100%1h0.1475+0.190%$1.3M$363K5xas long as short
Aster APEUSDT+0.0100%8h0.1472+0.015%$122K$21K10xas long as short
Binance APEUSDT+0.0100%8h0.1472+0.029%$4.1M$6.6M50xas long as short
Bybit APEUSDT+0.0100%8h0.1472+0.007%$3.6M$3.0M50xas long as short
OKX APE-USDT-SWAPlong+0.0100%8h0.1472long leg$1.3M$1.4M20x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate APE_USDT+0.0100%8h0.1472−0.034%$633K$309K50xas long as short
MEXC APE_USDT+0.0100%8h0.1471−0.068%$4.4M$878K50xas long as short
KuCoin APEUSDTM+0.0100%8h0.14720.000%$1.8M$2.9M50xas long as short
Bitget APEUSDT+0.0100%8h0.14720.000%$2.1M$547K25xas long as short
BingX APE-USDTshort+0.0100%8h0.1473+0.068%$13.1M
Variational Omni APE+0.0100%8h0.1477+0.364%$8K$12Kas long as short
Extended APE-USD+0.0104%1h0.1472+0.002%$4K$206K10xas long as short
BloFin APE-USDT+0.0220%8h0.1474+0.136%$221K$57K75xas long as short
Deribit APE_USDC-PERPETUAL+0.0429%1h0.1473+0.068%$11K$18K25xas long as short
Coinbase International APE-PERP-INTX+0.0880%1h0.1483+0.747%$100K$7K25xas long as short